Online Environmental Disclosure: The Role of Primary and Secondary Stakeholders
基于利益相关者理论，研究了亚洲矿业公司在线环境信息披露的影响因素，发现股权集中度有负向影响，而公众关注、环境委员会和监管者有正向影响。
ABSTRACT This study uses stakeholder theory to analyze online environmental disclosure by companies. The purpose of this study is to examine the influence of shareholders, public attention, environmental committees, and regulators on online environmental disclosure by using Asian mining companies. We measure the level of online environmental disclosure using content analysis. The results show that the presence of primary and secondary stakeholders can influence online environmental disclosure. Specifically, the study shows that ownership concentration has a negative and significant influence on online environmental disclosure. The study also shows that public attention, environmental committees, and regulators have a positive and significant influence on online environmental disclosure. In addition, the influence of environmental committees was stronger for companies in countries with high environmental scores (countries with high levels of environmental regulatory stringency).