Analysis of the information quality of reports on CDM projects in light of the legitimacy approach

Amaury Jose Rezende, Maisa De Souza Ribeiro and Flavia Zoboli Dalmacio

International Journal of Economics and Accounting, 2010, vol. 1, issue 4, 391-409

Abstract: This article analyses the information level of projects under the Clean Development Mechanism (carbon credits) in the reports disclosed by Brazilian companies, in light of the theory of legitimacy. In this survey, we examined 163 projects approved by the Ministry of Science and Technology, divided into two groups: sanitary landfills and energy cogeneration from biomass. These projects were assessed under three dimensions in 18 categories. The method used was based on content analysis, to identify from the proposed categories the information level of each dimension. We find there was little conclusive information on the social dimension offered about the projects examined, with more information provided on the environmental and economic intentions of the projects. However, it cannot be said that the project reports made a significant contribution to the maintenance of legitimacy of the participating company's actions. Besides this, there was little conclusive information on the expected economic returns as a means of communication with stakeholders, and thus as a way to legitimise the actions.

Keywords: clean development mechanism; CDM; carbon credits; legitimacy theory; Brazil; sanitary landfills; energy cogeneration; biomass; content analysis. (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=37578 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijecac:v:1:y:2010:i:4:p:391-409

Access Statistics for this article

More articles in International Journal of Economics and Accounting from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().