Greenwashing and product market competition

By Mohamed Arouri, Sadok El Ghoul, M. Gomes. Finance Research Letters, 2021

143 citations recorded by the source corpus.

Abstract This study examines the relationship between corporate greenwashing and product market competition (PMC). Using an unbalanced panel of 324 US firms over the 2005–2015 period, we find that the negative impact of PMC on greenwashing is conditional on the level of environmental costs. Our results suggest that PMC is an effective disciplinary mechanism for achieving economic efficiency – in the case of firms featuring a high level of environmental costs– through an increase in the disclosure of reliable and material information.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/8795ef36fe562a394e0b3c58a80b4cecf7164400

Citations in the corpus

• Past, present, and future of sustainable finance: insights from big data analytics through machine learning of scholarly research (2022, unknown): “…the quality of corporate sustainability reporting metrices and provided strong evidences of greenwashing of sustainability reports across markets (Arouri et al., 2021; Chen & Yang, 2020; Huang, 2020; Yu et al., 2020), with few studies rejecting greenwashing tendency of firms across sectors and…”