Articlegreen2014

Corporate social disclosures: a user perspective on assurance

132 citations0/0 files storedAccounting Auditing & Accountability Journal

No readable copy stored yet — this record is metadata only.

Corporate Social Responsibility Reporting Auditing, Earnings Management, Governance Accounting and Financial Management

Abstract

Purpose – The purpose of this paper is to investigate corporate social disclosure (CSD) assurance from a stakeholder perspective within a study which encompasses both stakeholder preferences and demand drivers of CSD assurance. Design/methodology/approach – Stakeholder perceptions of and their demand for CSD assurance are examined through a questionnaire survey. The analysis is based on responses in an empirical study from 147 organisations which are investing, procuring and third-sector stakeholders. Findings – Overall, stakeholder comments suggest an emphasis on the importance of specialist environmental assurors and the role of trust. The demand for assurance is positively related to stakeholders’ assessment of the value of CSD and the use of information from information intermediaries such as responsible investment indices, and negatively related to stakeholder perceptions of CSD representational faithfulness. Research limitations/implications – This paper only draws on data from the UK. Similar research can be explored in a context outside the UK. Practical implications – Better understanding of stakeholder defined determinants of the demand for CSD assurance as well as their perceptions of CSD assurance will inform regulators and enable companies to better discharge accountability towards stakeholders. Originality/value – This is one of the few empirical studies that investigate CSD assurance and one of the first to focus on stakeholder perceptions of, and demand for, CSD assurance within a multiple stakeholder perspective, rather than practitioner or corporate perceptions of CSD assurance.

Citations in this library

Stored only when both papers are in the corpus — 132 citations exist upstream.

References

2003Common method biases in behavioral research: A critical review of the literature and recommended remedies.1997Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature 1993Questionnaire Design, Interviewing and Attitude Measurement 1998The Good Research Guide: For Small-Scale Social Research Projects 1999The Audit Society: Rituals of Verification 2009Assurance on Sustainability Reports: An International Comparison 1983Agency Problems, Auditing, and the Theory of the Firm: Some Evidence

Cited by

2018A Conceptual Model for Understanding Corporate Social Responsibility Assurance Practice 2017The market for sustainability assurance services 2017Sustainability assurance and assurance providers: Corporate governance determinants in stakeholder-oriented countries 2021Examining the extent of and determinants for sustainability assurance quality: The role of audit committees 2017Empirical research on corporate social responsibility assurance (CSRA): A literature review

Imported from OpenAlex (CC0) — nothing here is generated.