RT info:eu-repo/semantics/article
T1 An international empirical study of greenwashing and voluntary carbon disclosure
A1 Mateo Márquez, Antonio Jesús
A1 González-González, José M.
A1 Zamora-Ramírez, Constancio
K1 Carbon emissions
K1 Climate change regulation
K1 Greenwashing
K1 Voluntary disclosure
K1 Corporate sustainability
K1 Economía
K1 Economy
AB Voluntary corporate environmental disclosure has increased significantly in the last decade. However, the increase in environmental disclosure has also been accompanied by the social questioning of its veracity. Previousstudies have mainly focused on the determinant factors behind corporate decisions to disclose environmentaldata, with only limited consideration of both carbon performance and the veracity of the information disclosed.Based on an international sample of firms from 12 countries, this paper analyzes the impact of regulativepressures related to climate change on the likelihood of companies engaging in greenwashing. The results showthat the number of regulations related to climate change negatively influences the propensity of firms to engagein greenwashing. Furthermore, firms in countries with stringent climate-related regulations are less likely toparticipate in greenwashing practices. This paper adds to the existing literature concerning greenwashing bydemonstrating that institutional theory can deliver further insights into the explanation of corporate greenwashing behavior. This is the first study to incorporate international climate-related regulations into the analysisof corporate greenwashing. It also provides a new method for identifying greenwashing firms, based on theircarbon performance and disclosure.
PB Elsevier
SN 0959-6526
YR 2022
FD 2022-08
LK http://hdl.handle.net/10259/7457
UL http://hdl.handle.net/10259/7457
LA eng
NO This study has been supported by the Universidad de Sevilla VI PPIT [IV.3, 2018].
DS Repositorio Institucional de la Universidad de Burgos
RD 03-may-2024