Firm-Specific Determinants of Corporate Environmental Responsibility

Panagiotis Dimitropoulos () and Konstantinos Koronios ()
Additional contact information
Panagiotis Dimitropoulos: University of Peloponnese
Konstantinos Koronios: University of Peloponnese

Chapter Chapter 4 in Corporate Environmental Responsibility, Accounting and Corporate Finance in the EU, 2021, pp 69-90 from Springer

Abstract: Abstract The scope of this chapter is to examine the financial, size and governance determinants of CER activities of 7313 listed corporations originating from 24 EU countries over the period 2003–2018. Empirical analysis suggested that profitability, leverage, size and growth opportunities impact positively on the CER and its components, while CEO duality had a negative impact on CER performance. Moreover, the level of CER performance (devotion and engagement) is associated with the existence of a CSR committee within the firm which provides strategic direction and focus on corporate activities. Finally, the separation of the sample firms between code law and common law firms indicated that the aforementioned associations are more significant for code law firms suggesting that countries’ legal system has an impact on corporate decisions regarding CER.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:csrchp:978-3-030-72773-4_4

Ordering information: This item can be ordered from
http://www.springer.com/9783030727734

DOI: 10.1007/978-3-030-72773-4_4

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().