The Impact of Corporate Governance on Corruption Disclosure in European Listed Firms through the Implementation of Directive 2014/95/EU
| Autor: | Alba María Priego de la Cruz, Montserrat Nuñez Chicharro, María Inmaculada Alonso Carrillo |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
lcsh:GE1-350
Directive 2014/95/EU 050208 finance Corporate governance Renewable Energy Sustainability and the Environment business.industry lcsh:Environmental effects of industries and plants Corporate social responsibility disclosure lcsh:TJ807-830 05 social sciences Geography Planning and Development lcsh:Renewable energy sources Accounting Management Monitoring Policy and Law Directive lcsh:TD194-195 0502 economics and business Corporate social responsibility Business Corruption disclosure lcsh:Environmental sciences 050203 business & management Panel data |
| Zdroj: | Sustainability Volume 11 Issue 22 Arias Montano. Repositorio Institucional de la Universidad de Huelva instname Sustainability, Vol 11, Iss 22, p 6479 (2019) |
| Popis: | The publication of Directive 2014/95/EU represents an important milestone related to the disclosure of non-financial information. This fact together with the role of the corporate governance guide firms towards achieving of an ethical, transparent, and responsible behavior. To contribute towards the understanding of this issue, this study investigates the relationship between corporate governance mechanisms and corporate social responsibility disclosure, namely, in corruption aspects relating to Directive 2014/95/EU. In so doing, a multiple regression analysis was carried out on a panel data sample of 198 European listed firms that are part of the EuroStoxx 200 index, in a studied period from 2014 to 2017. The findings reveal that outside directors and CEO duality impact positively and significantly on corruption disclosure. Therefore, this paper contributes to the existing research on corporate social responsibility disclosure, specifically, to the corruption disclosure literature by studying the corporate governance mechanisms that enhance these practices. This research was funded by the University of Castilla-La Mancha, in the form of a research group which is called “External and Internal Information Systems of Organizations: Corporate and Management Information (GISEIO)” co-financed by the European Union through the European Regional Development Fund. |
| Databáze: | OpenAIRE |
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