Next Article in Journal
Cooperative Downlink Listening for Low-Power Long-Range Wide-Area Network
Previous Article in Journal
Understanding Household Waste Separation Behaviour: Testing the Roles of Moral, Past Experience, and Perceived Policy Effectiveness within the Theory of Planned Behaviour
 
 
Article

The Relationship between Firm Characteristics and the Disclosure of Sustainability Reporting

Department of Accounting, Chinese Culture University, 55, Hwa-Kang Road, Taipei 11114, Taiwan
Academic Editors: Yongrok Choi and Marc A. Rosen
Sustainability 2017, 9(4), 624; https://doi.org/10.3390/su9040624
Received: 17 February 2017 / Revised: 13 April 2017 / Accepted: 13 April 2017 / Published: 17 April 2017
(This article belongs to the Section Economic and Business Aspects of Sustainability)
Stakeholder theory is a major approach to research on sustainability management. Firm characteristics, including corporate governance and business characteristics, can be represented in terms of their effects on stakeholders. In this study, a multi-regression model is used to examine the relationship between firm characteristics and the disclosure of sustainability reporting for the Taiwan 50 Index-listed companies. Least-squares regression, panel data regression, and logistic regression analyses are applied. The results show that seven corporate governance and business characteristics, namely the size of the board of directors, ratio of independent directors, audit committee, ratio of export income, percentage of foreign shareholders’ holdings, fixed asset staleness, and firm growth are positively related to the disclosure of sustainability reporting, whereas the percentage of director holdings and stock price per share are negatively related to the disclosure of sustainability reporting. This study supports the notion that stakeholder involvement is related to the disclosure of sustainability reporting. View Full-Text
Keywords: firm characteristics; sustainability reporting; corporate governance; stakeholder theory; stakeholders firm characteristics; sustainability reporting; corporate governance; stakeholder theory; stakeholders
MDPI and ACS Style

Wang, M.-C. The Relationship between Firm Characteristics and the Disclosure of Sustainability Reporting. Sustainability 2017, 9, 624. https://doi.org/10.3390/su9040624

AMA Style

Wang M-C. The Relationship between Firm Characteristics and the Disclosure of Sustainability Reporting. Sustainability. 2017; 9(4):624. https://doi.org/10.3390/su9040624

Chicago/Turabian Style

Wang, Mao-Chang. 2017. "The Relationship between Firm Characteristics and the Disclosure of Sustainability Reporting" Sustainability 9, no. 4: 624. https://doi.org/10.3390/su9040624

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop