- مبلغ: ۸۶,۰۰۰ تومان
- مبلغ: ۹۱,۰۰۰ تومان
Purpose – Little empirical work has been done on the effects of inclusive environmental disclosure and green supply chain management (GSCM) on firm outcomes. The literature on environmental disclosure suggests that it is a useful practice to improve a firm’s reputation and its financial performance and also to establish a dialogue with stakeholders improving environmental performance. Recent conceptual contributions in the supply chain management literature state that stakeholder expectations and informational needs increasingly concern firm supply chains. Thus, the authors propose that positive effects of inclusive environmental disclosure practices are enhanced in presence of GSCM practices. The paper aims to discuss these issues. Design/methodology/approach – To test these relationships a combination of primary data on environmental disclosure practices, GSCM practices and environmental performance, and secondary data on financial performance was used. A series of hierarchical regression models were performed to test the disclosure-outcome relationships and the moderation of GSCM practices. Findings – Results provide empirical support for the impact of inclusive environmental disclosure practices on financial performance but no support for the impact on environmental performance. Specifically, the more inclusive the environmental disclosure practices the greater and positive is the impact on financial performance in presence of GSCM practices. Originality/value – This study provides empirical evidence of the joint effects of inclusive environmental disclosure and GSCM practices on environmental and financial performance. Doing so, it reinforces the recent conceptual foundation that firms should align and leverage on supply chain management for disclosure practice effectiveness.
5.2 Conclusion and directions for future research
In sum, this research shows that inclusive environmental disclosure practices matter in firm outcomes achievement. Specifically, we illustrate the role of environmental disclosure practices showing that the higher the variety of addressed stakeholders the higher the outcomes for the firm. However, most importantly we showed that such positive link is enabled only at the presence of actual green organizational practices, such as GSCM. When such organizational practices are lacking, inclusive environmental disclosure practices are not paid off. The research makes valuable contributions showing that on average current environmental disclosure practices impact on financial performance but not on environmental performance. However, they seem to be a powerful monitoring tool such that the society praises disclosing companies only when actual green practices are adopted. Though, to build a dialogue with stakeholders to jointly contribute to environmental performance improvement more sophisticated forms of inclusive environmental disclosure practices may be needed and regulators may have to play a role in establishing such dialogue.