| Title | Corporate strategic positioning and environmental information disclosure under circular economy: evidence from China |
|---|---|
| ID_Doc | 1757 |
| Authors | Gu, YY; Wu, P; Du, RX |
| Title | Corporate strategic positioning and environmental information disclosure under circular economy: evidence from China |
| Year | 2024 |
| Published | Management Decision, 62, 9 |
| Abstract | PurposeThe authors intend to investigate the relations between corporate strategic positioning and environmental information disclosure (EID) behaviors in the context of the circular economy. The authors argue that the development of the circular economy is crucial to address environmental issues and achieve sustainable development, and companies play a vital role in this process as micro-entities. By examining corporate EID behaviors, the authors could understand their adoption of circular practices to a certain extent.Design/methodology/approachThe authors conduct a content analysis of companies' annual fiscal reports, social responsibility reports and environmental reports and develop text-based proxies for both strategic positioning and EID quality to explore the relationship between them.FindingsThe authors find that corporate strategic positioning does affect corporate EID behaviors. Specifically, firms that implement a prospector strategy are more likely to engage in high-quality EID. Furthermore, the results suggest that green innovation is one of the mediators through which strategic positioning affects EID. Compared with defenders, prospectors are more likely to engage in green innovation, which, in turn, leads to higher-quality EID and demonstrates a more active approach to the circular economy.Originality/valueThis study contributes to the literature on strategic positioning and corporate EID by providing empirical evidence on the impact of corporate strategic positioning on EID behaviors. Moreover, the study employs a textual analysis approach to measure corporate strategy and EID, which is a relatively new research method in this field. |
Similar Articles
| ID | Score | Article |
|---|---|---|
1434
|
Kuo, LP; Chang, BG The affecting factors of circular economy information and its impact on corporate economic sustainability-Evidence from China(2021) | |
| 28040
|
Kuo, LP; Yeh, CC; Yu, HC Disclosure of Corporate Social Responsibility and Environmental Management: Evidence from China(2012)Corporate Social Responsibility And Environmental Management, 19.0, 5 | |
| 13500
|
Kuo, LP; Yu, HC; Chang, BG The signals of green governance on mitigation of climate change - evidence from Chinese firms(2015)International Journal Of Climate Change Strategies And Management, 7, 2 | |
| 31210
|
Hu, SL; Dong, WH; Huang, YC Analysts' Green Coverage and Corporate Green Innovation in China: The Moderating Effect of Corporate Environmental Information Disclosure(2023)Sustainability, 15, 7 | |
| 768
|
Vitolla, F; L'Abate, V; Petruzzella, F; Raimo, N; Salvi, A Circular Economy Disclosure in Sustainability Reporting: The Effect of Firm Characteristics(2023)Sustainability, 15, 3 | |
| 574
|
Chen, PY; Dagestani, A What lies about circular economy practices and performance? Fresh insights from China(2023) | |
| 4230
|
Opferkuch, K; Caeiro, S; Salomone, R; Ramos, TB Circular economy disclosure in corporate sustainability reports: The case of European companies in sustainability rankings(2022) | |
| 4717
|
Dagiliene, L; Frendzel, M; Sutiene, K; Wnuk-Pel, T Wise managers think about circular economy, wiser report and analyze it. Research of environmental reporting practices in EU manufacturing companies(2020) | |
| 31725
|
Peng, MR; Peng, SC; Jin, YL; Wang, SJ Government environmental information disclosure and corporate carbon performance(2023) | |
| 9905
|
Wang, SS; Chen, SC; Ali, MH; Tseng, ML Nexus of environmental, social, and governance performance in China-listed companies: Disclosure and green bond issuance(2024)Business Strategy And The Environment, 33.0, 3 |