The Impact of the Performance Gap on Corporate Biodiversity Disclosure

Xianhui Shen and Hanli Wu

Australian Accounting Review, 2025, vol. 35, issue 4, 309-323

Abstract: We investigate how firms’ performance feedback influences their biodiversity disclosure practices. Our empirical results offer robust evidence of a positive relationship between the performance gap and the extent of biodiversity disclosure. This association remains consistent across various robustness checks. We demonstrate that managers utilise the performance gap as a strategic tool to enhance corporate image and secure stakeholder resources, which in turn leads to higher levels of disclosure. Furthermore, the effect is particularly salient in firms with strong internal controls and lower exposure to climate risk, those operating in highly polluting industries, and those located in regions characterised by high carbon emissions. Our study enriches the literature by highlighting the significance of corporate performance feedback in shaping disclosure strategies, fostering biodiversity‐related transparency, and advancing the agenda of sustainable development.

Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/auar.70014

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausact:v:35:y:2025:i:4:p:309-323

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1035-6908

Access Statistics for this article

Australian Accounting Review is currently edited by Linda M. English

More articles in Australian Accounting Review from CPA Australia
Bibliographic data for series maintained by Wiley Content Delivery ().