IDEAS home Printed from https://ideas.repec.org/a/cai/accafc/cca_151_0055.html
   My bibliography  Save this article

Communication environnementale des entreprises du SBF120 : déterminants et conséquences sur le coût du capital actions

Author

Listed:
  • Frédérique Déjean
  • Isabelle Martinez

Abstract

What is the impact of corporate environmental disclosure on the cost of capital ? In this research, we try to answer this question. The empirical research is based on companies listed at the SBF 120. In 2006, most of these companies dedicated a part of their annual report to sustainable development while less than 20 % of them disclose a specific report dedicated only to sustainable development. Whatever the support, the environmental themes the most frequently disclosed are pollution, natural resources and recycling. The determinants studied are : size, performance, debt and financial analysts leading the company. We can?t conclude on a decrease of the cost of capital when companies disclose environmental information.

Suggested Citation

  • Frédérique Déjean & Isabelle Martinez, 2009. "Communication environnementale des entreprises du SBF120 : déterminants et conséquences sur le coût du capital actions," ACCRA, Association francophone de comptabilité, vol. 15(1), pages 55-77.
    • Handle: RePEc:cai:accafc:cca_151_0055
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=CCA_151_0055
    Download Restriction: free
    File URL: http://www.cairn.info/revue-comptabilite-controle-audit-2009-1-page-55.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ismail N.B. & Sébastien Alcouffe & Galy N & Ceulemans K, 2020. "The impact of international sustainability initiatives on Life Cycle Assessment voluntary disclosures: The case of France’s CAC40 listed companies," Post-Print hal-03082800, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:accafc:cca_151_0055. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-accra.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.