Impact Of Gri-G4 Compliance On Firm Performance: An Empirical Study On Sustainability Reporting In German And French Firms

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63517681" target="_blank" >RIV/70883521:28120/17:63517681 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Impact Of Gri-G4 Compliance On Firm Performance: An Empirical Study On Sustainability Reporting In German And French Firms

Popis výsledku v původním jazyce

GRI-G4 guidelines have been issued since 2013 and have attracted more and more companies to apply in preparing sustainable reports. Due to significant increases in G4 compliances, the paper focuses on examining whether there are relations between GRI-G4 compliance and firm performance. The impact of GRI-G4 compliances on firm performance will be tested according to companies’ conformity. Compliance of GRI-G4 guidelines are divided into compliance and non-compliance status. Companies that apply core and comprehensive guidance are considered as compliant companies, otherwise are seen as non-compliance. Adherent status is collected from GRI database and data of 141 German and French companies are gathered from firms’ annual reports. Regression is applied to test the connection between compliance status and firm performance. Firm performance is treated as dependent variables and is indicated by ROE and ROA. Independent variable is GRI compliance which has two values, 1 for compliance, and 0 for non-application. Control variables such as firm size, firm age, sales growth and leverage are also included in the formula for the examination. The research finds significant results on negative relationship between G4 compliance and firm performance in German firms. However, there was no connection in these two variables in French firms and in all observations in the sample.

Název v anglickém jazyce

Impact Of Gri-G4 Compliance On Firm Performance: An Empirical Study On Sustainability Reporting In German And French Firms

Popis výsledku anglicky

GRI-G4 guidelines have been issued since 2013 and have attracted more and more companies to apply in preparing sustainable reports. Due to significant increases in G4 compliances, the paper focuses on examining whether there are relations between GRI-G4 compliance and firm performance. The impact of GRI-G4 compliances on firm performance will be tested according to companies’ conformity. Compliance of GRI-G4 guidelines are divided into compliance and non-compliance status. Companies that apply core and comprehensive guidance are considered as compliant companies, otherwise are seen as non-compliance. Adherent status is collected from GRI database and data of 141 German and French companies are gathered from firms’ annual reports. Regression is applied to test the connection between compliance status and firm performance. Firm performance is treated as dependent variables and is indicated by ROE and ROA. Independent variable is GRI compliance which has two values, 1 for compliance, and 0 for non-application. Control variables such as firm size, firm age, sales growth and leverage are also included in the formula for the examination. The research finds significant results on negative relationship between G4 compliance and firm performance in German firms. However, there was no connection in these two variables in French firms and in all observations in the sample.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50205 - Accounting

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 8th International Scientific Conference Finance and Performance of Firms in Science, Education and Practice

ISBN

978-80-7454-653-2

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

12

Strana od-do

802-813

Název nakladatele

Fakulta managementu a ekonomiky, UTB ve Zlíně

Místo vydání

Zlín

Místo konání akce

Zlín

Datum konání akce

26. 4. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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