IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-04094880.html
   My bibliography  Save this paper

Employee stock ownership and voluntary carbon disclosure

Author

Listed:
  • Joseph Abdelnour

    (ESSCA - School of Management, CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon)

  • Nicolas Aubert

    (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon, INSEEC - Institut des hautes études économiques et commerciales | School of Business and Economics)

  • Walid Ben-Amar

    (University of Ottawa [Ottawa])

Abstract

This paper investigates the relationship between Employee Stock Ownership (ESO) and voluntary carbon disclosures. Given that previous research has shown the beneficial effects of ESO on work attitudes and corporate performance, we link ESO and board representation with the attributes of voluntary climate-related disclosures. We use three proxies to capture these attributes: corporate decisions to respond to the Carbon Disclosure Project (CDP) annual questionnaire; corporate decisions to make responses publicly available, and the quality of a firm's disclosures on climate-change-related risks and strategies to mitigate them. Our results show a positive association between ESO and decisions to both answer the CDP questionnaire, and make responses publicly available. In contrast, ESO does not seem to impact carbon disclosure quality. The findings contribute to the ongoing debate on the determinants of voluntary climate change disclosures, highlighting the importance of ESO to enhance the transparency of voluntary disclosures of climate change business impacts.

Suggested Citation

  • Joseph Abdelnour & Nicolas Aubert & Walid Ben-Amar, 2023. "Employee stock ownership and voluntary carbon disclosure," Post-Print halshs-04094880, HAL.
    • Handle: RePEc:hal:journl:halshs-04094880
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04094880
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-04094880/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    employee stock ownership; carbon disclosure; climate change; sustainability; carbon disclosure project;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:hal:journl:halshs-04094880. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.