Environmental disclosure and CSR committee: an empirical investigation in emerging market. (27th January 2023)

• Record Type: Journal Article
• Authors: Laskar, Najul
• Is Part Of: International journal of corporate governance. Volume 13:Number 2(2022)
• Page Start: 191
• Page End: 209
• Publication Date: 2023-01-27
• Subjects: environmental disclosure -- CSR committee -- content analysis -- GRI framework -- BSE 200 Index; Corporate governance -- Periodicals; 658.4
• Languages: English
• ISSNs: 1754-3037

Abstract

This study examines the empirical association between CSR committee and environmental disclosure both in terms of level and quality. We have employed manual content analysis of published sustainability report, governance report and environmental report of top 200 companies listed in Bombay Stock Exchange (BSE) from 2016-2017 to 2021-2022 to construct the disclosure index both in terms of level and quality of environmental disclosure. For carrying out the task of content analysis, we have used the latest version of GRI framework (i.e., G4). Based on the OLS model, panel data model and system GMM model, we find that impact of CSR committee on the environmental disclosure is positive and significant. Additionally, we also use system GMM model to not only to check the robustness of our findings but also to ensure that there is no endogeneity issue.