How cultural dimensions, legal systems, and industry affect environmental reporting? Empirical evidence from an international perspective
基于制度理论，研究了法律体系、文化维度（个人主义、不确定性规避、长期导向、放纵）和行业环境风险如何影响跨国公司的自愿环境信息披露，发现法律体系和文化维度是重要决定因素。
Abstract Past research has paid little attention to the impact of stakeholder engagement, cultural, legal, and industrial contexts on environmental disclosure. Thus, the aim of this paper is to explore how these three institutional factors affect the reporting of environmental information by companies in different countries. This research draws on institutional theory: normative isomorphism, coercive isomorphism, and mimetic isomorphism. This study uses the generalised method of moments procedure. The findings show that the legal system and certain cultural dimensions such as individualism, uncertainty avoidance, long‐term orientation, and indulgence are determinants of voluntary disclosure of environmental information (individualism and indulgence—negatively; uncertainty avoidance and long‐term orientation—positively), particularly when companies belong to industries with high environmental risk.