The role of environmental disclosures as tools of legitimacy: A research note

By Charles H. Cho, Dennis M. Patten. 2007

1,970 citations recorded by the source corpus.

Subfields: Accounting, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2b6ad837bb077e9f9c8bae028fb6a53c8deba842

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Citations in the corpus

Understanding and Contributing to the Enigma of Corporate Social Responsibility (CSR) Assurance in the United States (2015, background): “14 However, firms with weak CSR performance or significant CSR concerns are incentivized to report their positive CSR efforts (Patten 2002b; Cho and Patten 2007) which stakeholders may view as lacking credibility. Dhaliwal et al. (2011) predict that growth firms, due to higher information asymmetry,”
Corporate Social Responsibility Performance, Incentives, and Learning Effects (2020, background): “In particular, BODs debate which governance systems are more effective in promoting executive managers’ CSR efforts (Berrone and Gomez-Mejia 2009; Cho and Patten 2007; de Villiers et al. 2011; Dhaliwal et al. 2011; Oh et al. 2016; Walls et al. 2012).”
Corporate Incentives to Disclose Carbon Information: Evidence from the CDP Global 500 Report (2012, positive): “This expectation/pressure provides managers with the incentive to disclose, thereby legitimizing their long-term operational sustainability (Mobus, 2005; Cho and Patten, 2007).”
Board reputation attributes and corporate social performance: an empirical investigation of the US Best Corporate Citizens (2011, background): “…in the management literature on corporate social and environmental performance (see, e.g. Waddock and Graves 1997, Johnson and Greening 1999, Hillman and Keim 2001, David et al. 2007) as well as recent social and environmental accounting research (see, e.g. Cho et al. 2006, Cho and Patten 2007).”
Whether Top Executives’ Turnover Influences Environmental Responsibility: From the Perspective of Environmental Information Disclosure (2013, background): “More good news would be disseminated in favor of corporate image, which can avoid possible regulatory concerns and punishment (Cho and Patten 2007; Zeng et al. 2003, 2010).”
Corporate social responsibility, country-level predispositions, and the consequences of choosing a level of disclosure (2016, methodology): “Prior studies use a CSR disclosure measure that is derived from one disclosure source, such as annual reports (Ingram and Frazier 1980), 10K reports (Cho and Patten 2007), websites (Clarkson et al.”
The effect of carbon dissemination on cost of equity (2019, positive): “…gain legitimacy among stakeholders (Deegan, 2014; Zeng, Xu, Yin, & Tam, 2012), improve stakeholders' perceptions of a firm's environmental efforts (Cho & Patten, 2007; Plumlee, Brown, Hayes, & Marshall, 2015), mitigate stock market risk (Bansal & Clelland, 2004; Orlitzky & Benjamin, 2001; Salama,…”
Accounting for the Unaccountable: Biodiversity Reporting and Impression Management (2014, neutral): “This search for organizational legitimacy through the disclosure of information on social and environmental issues is at the base of various studies on neo-institutional theory and sustainability accountability (e.g., Unerman et al. 2007; Deegan 2002; Cho and Patten 2007; Cho et al. 2012).”
The relationship between sustainability performance and sustainability disclosure – Reconciling voluntary disclosure theory and legitimacy theory (2016, neutral): “Thus, these two theories yield opposing predictions regarding the relationship between sustainability performance and sustainability disclosure, and the mixed empirical results from prior studies have not yet clarified this relationship (AlTuwaijri et al., 2004; Cho and Patten, 2007; Clarkson et al.”
The informational contribution of social and environmental disclosures for investors (2010, positive): “Cho and Patten (2007) argue that the legitimizing nature of different types of environmental disclosures is not identical and that it is important to distinguish between different types of information when assessing legitimization effects.”
Does Environmental Management Improve Financial Performance? A Meta-Analytical Review (2013, background): “…to maintain or increase the legitimacy of their firms, in order to reassure stakeholders and their approval of the firm’s activities, since stock market reactions seem to be positively linked to this kind of disclosure (Aerts & Cormier, 2009; Cho & Patten, 2007; Cormier, Gordon, & Magnan, 2004).”