Barriers to worldwide institutionalization of social and environmental disclosure. Issue 2 (17th February 2019)

• Record Type: Journal Article
• Authors: Gomez-Gutierrez, L.; Cormier, D.
• Is Part Of: International journal of sustainable development and world ecology. Volume 26:Issue 2(2019)
• Page Start: 99
• Page End: 112
• Publication Date: 2019-02-17
• Subjects: Environmental disclosure -- institutional theory -- isomorphism -- social disclosure; Sustainable development -- Periodicals; Ecology -- Periodicals; Economic development -- Environmental aspects -- Periodicals; Ecologie; Duurzame ontwikkeling; Ecology; Economic development -- Environmental aspects; Sustainable development; Periodicals; Electronic journals; 338.72
• DOI: 10.1080/13504509.2018.1511487
• Languages: English
• ISSNs: 1745-2627

Abstract

ABSTRACT: This study analyzes how groups of organizations that share their social and environmental information are formed in a similar way to identify barriers to the homogenization of social and environmental disclosure (SED) at the international level. Based on a sample of observations of listed firms from six different countries, results suggest that SED does not homogenize globally, spontaneously, because of cultural and geographical barriers. The institutions of environmental disclosure (ED) and social disclosure (SD) are different, thus forming different organizational fields at the international level. The spoken language is a barrier to the international isomorphism of ED and therefore to its comparability. However, language is a less important barrier to SD. When cultural institutions are weaker or have the same roots as North American institutions, cultural diversity does not stop the homogenization of the SD. Moreover, the ED is more isomorphic/comparable at the global level than SD, while the SD is more isomorphic/comparable at the level of culturally distinguishable subsets than ED.