| Title | Circular Economy Disclosure in Sustainability Reporting: The Effect of Firm Characteristics |
|---|---|
| ID_Doc | 768 |
| Authors | Vitolla, F; L'Abate, V; Petruzzella, F; Raimo, N; Salvi, A |
| Title | Circular Economy Disclosure in Sustainability Reporting: The Effect of Firm Characteristics |
| Year | 2023 |
| Published | Sustainability, 15, 3 |
| Abstract | The circular economy is increasingly establishing itself as a model capable of overcoming the current linear economy of production and consumption recognized as unsustainable by society. Its relevance has also attracted the attention of academics, interested not only in the implementation methods of the circular economy, but also in the ways in which companies communicate information about them. However, although in recent years some scholars have begun to investigate the circular economy disclosure (CED), research on this topic is still in an embryonic state. In fact, in the academic literature there are only a few studies related to the CED and its drivers. This study aims to fill this gap by investigating, under the lens of stakeholder theory, the effect of firm characteristics on the level of CED. To this end, it firstly involves the use of a manual content analysis of the sustainability reports drawn up by 88 international companies to measure the level of CED and, secondly, a regression model to test the impact of the firm characteristics. Empirical results demonstrate a positive effect of firm size, financial leverage and firm profitability on the level of CED. The results have important practical implications for firms and policymakers. |
Similar Articles
| ID | Score | Article |
|---|---|---|
3505
|
Opferkuch, K; Walker, AM; Lindgreen, ER; Caeiro, S; Salomone, R; Ramos, TB Towards a framework for corporate disclosure of circular economy: Company perspectives and recommendations(2023)Corporate Social Responsibility And Environmental Management, 30, 5 | |
| 1693
|
Esposito, B; Raimo, N; Malandrino, O; Vitolla, F Circular economy disclosure and integrated reporting: The role of corporate governance mechanisms(2023)Business Strategy And The Environment, 32, 8 | |
| 2705
|
Opferkuch, K; Caeiro, S; Salomone, R; Ramos, TB Circular economy in corporate sustainability reporting: A review of organisational approaches(2021)Business Strategy And The Environment, 30, 8 | |
| 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) | |
| 1926
|
Gunarathne, N; Wijayasundara, M; Senaratne, S; Kanchana, PDK; Cooray, T Uncovering corporate disclosure for a circular economy: An analysis of sustainability and integrated reporting by Sri Lankan companies(2021) | |
| 1434
|
Kuo, LP; Chang, BG The affecting factors of circular economy information and its impact on corporate economic sustainability-Evidence from China(2021) | |
| 2066
|
Heras-Saizarbitoria, I; Boiral, O; Testa, F Circular economy at the company level: An empirical study based on sustainability reports(2023)Sustainable Development, 31, 4 | |
| 1699
|
Sarfraz, M; Ivascu, L; Artene, AE; Bobitan, N; Dumitrescu, D; Bogdan, O; Burca, V The relationship between firms' financial performance and performance measures of circular economy sustainability: an investigation of the G7 countries(2022) | |
| 4042
|
Mora-Contreras, R; Torres-Guevara, LE; Mejia-Villa, A; Ormazabal, M; Prieto-Sandoval, V Unraveling the effect of circular economy practices on companies' sustainability performance: Evidence from a literature review(2023) | |
| 489
|
Sanches, JR; Trevisan, AH; Seles, BMRP; Castro, CG; Piao, RS; Rozenfeld, H; Mascarenhas, J Sustainable Circular Economy Strategies: An Analysis of Brazilian Corporate Sustainability Reporting(2022)Sustainability, 14, 10 |