The effect of DEFRA guidance on greenhouse gas
By V. Tauringana, Lyton Chithambo. 2014
255 citations recorded by the source corpus.
Abstract This paper investigates the effect of the 2009 guidance of the Department for Environment, Food & Rural Affairs on greenhouse gas (GHG) disclosure. The sample comprises 215 companies from a population of London Stock Exchange FTSE 350 companies over four years (2008–2011). To quantify GHG disclosure, a research index methodology is employed, with information derived from several GHG reporting frameworks. The econometric model is estimated using panel fixed effects. Our findings suggest that the publication of the 2009 guidance has had a significant effect on the level of GHG disclosure, and that corporate governance mechanisms (board size, director ownership, and ownership concentration) also affect the extent of GHG information disclosure. The results also indicate that companies increased their disclosures prior to the 2009 guidance in anticipation of its publication. These results have important implications for the government, suggesting that non-mandatory guidance could increase disclosure as much as do mandatory requirements.
Subfields: Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/4bfb91e535d287b81c394b1426b81b9baab31f4e
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In Economics and Econometrics
In Strategy and Management
Citations in the corpus
- Factors affecting corporate environmental disclosure in emerging markets: The role of corporate governance structures (2020, methodology): “Using a PQR estimation, this study provides a more comprehensive understanding of the CG-CED nexus than prior CG-to-CED studies (e.g., Wang, 2017; Tauringana and Chithambo, 2015; Jizi, 2017; Ezhilarasi and Kabra, 2017; Fernandes et al., 2019; Giannarakis et al., 2019) that used different…”
- Market valuation of greenhouse gas emissions under a mandatory reporting regime: Evidence from the UK (2017, background): “Furthermore, Tauringana and Chithambo (2015) conclude that in the UK setting, only reporting regulations can make firms disclose information that is useful to stakeholders. In addition, according to DEFRA (2013), mandatory reporting of GHG emissions offers the reporting firms the opportunity to sign”
- CSR Disclosure in Polish-Listed Companies in the Light of Directive 2014/95/EU Requirements: Empirical Evidence (2017, unknown): “Our instrument is based on the new PAA requirements with regards to the non-financial information, thus ensuring its reliability [52].”