Author
Listed:
- Muhammad Sani Khamisu
- Ratna Achuta Paluri
- Vandana Sonwaney
Abstract
Organizations disclose environmental, social, and governance (ESG) information for various reasons, including mandatory reporting regulations. However, for environmentally sensitive corporations, ESG disclosure is not only a regulatory obligation. It also has the potential to promote corporate reputation. This study aims to uncover the motivating factors behind ESG disclosures in an emerging economy. The research methodology employed in the study includes (i) systematically reviewing literature following the PRISMA protocol to identify ESG disclosure motives, (ii) integrating fuzzy set theory with interpretive structural modelling (FISM) for developing a structural hierarchical model to understand the interactions between the motives, (iii) applying a fuzzy Matrice d’impacts croisés multiplication appliquée á un classment (Fuzzy MICMAC) approach to categorize the motives. The FISM model shows that organizations primarily disclose ESG information in response to regulatory and stakeholders’ pressures. The results further highlight the role of corporate ‘greenwashing’ behaviour and ethical considerations in ESG. The findings recommend that feasible regulations are crucial in improving ESG reporting quantity and quality. This research is one of the very few examining the motives behind ESG disclosures and a ‘stepping-stone’ to implementing mandatory ESG disclosure regulations. Understanding ESG disclosure motives will enable policymakers to draft policies that promote greater sustainability commitment.
Suggested Citation
Muhammad Sani Khamisu & Ratna Achuta Paluri & Vandana Sonwaney, 2024.
"Environmental social and governance (ESG) disclosure motives for environmentally sensitive industry: an emerging economy perspective,"
Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2322027-232, December.
Handle:
RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2322027
DOI: 10.1080/23311975.2024.2322027
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
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:taf:oabmxx:v:11:y:2024:i:1:p:2322027. 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: Chris Longhurst (email available below). General contact details of provider: http://cogentoa.tandfonline.com/OABM20 .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.