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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2023-02-18  |  Accepted: 2023-06-19  |  Published: 2023-06-30

Title

Industry and performance in the Portuguese listed companies: the mediating role of the environmental information disclosure


Abstract

Based on the legitimacy and stakeholders’ theories, this research aims to analyze the environmental information disclosure of Portuguese companies. Specifically, this study aims to explore the environmental information disclosure level, whether the industry (environmentally sensitive) influences the level of ecological matters disclosure, and whether this impacts the companies' performance/profitability. Using the content analysis technique, we developed two indices to assess the level of environmental disclosures in companies' mandatory and voluntary reporting. In addition, for the relationship between variables analysis, we applied the Process Macro of SPSS software. Study results show that (1) there is a positive evolution in the level of environmental disclosure by Lisbon stock exchange listed companies between the years 2015 and 2017, (2) the industry has no significant relationship with profitability; (3) the environmental disclosure acts as a mediator variable in the relationship between industry and profitability. This research presents differences in the tendency of environmental matters disclosure when prepared under an accounting framework or voluntarily and assesses the mediating role of the environmental disclosure index in the relationship between industry and performance.


Keywords

environmental accounting, environmental disclosure, performance, industry-listed companies, Portugal


JEL classifications

M49 , M14


URI

http://jssidoi.org/jesi/article/1098


DOI


Pages

372-389


Funding

This research was supported by Portuguese national funds through FCT – Fundação para a Ciência e Tecnologia, under the project UIDB/05422/2020

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Monteiro, Albertina Paula
Polytechnic Institute of Porto, Porto, Portugal https://www.ipp.pt
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Barbosa, Francisco
Polytechnic Institute of Porto, Porto, Portugal https://www.ipp.pt
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Silva, Amélia Ferreira da
Polytechnic Institute of Porto, Porto, Portugal https://www.ipp.pt
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Cepêda, Catarina
Polytechnic Institute of Porto, Porto, Portugal https://www.ipp.pt
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Journal title

Entrepreneurship and Sustainability Issues

Volume

10


Number

4


Issue date

June 2023


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 897  |  PDF downloads: 373

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