Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/326532 
Erscheinungsjahr: 
2024
Quellenangabe: 
[Journal:] Cogent Business & Management [ISSN:] 2331-1975 [Volume:] 11 [Issue:] 1 [Article No.:] 2396543 [Year:] 2024 [Pages:] 1-22
Verlag: 
Taylor & Francis, Abingdon
Zusammenfassung: 
This study investigates the effect of ownership structure (OS) and financing decisions (FD) on environmental accounting disclosure (EAD), considering the moderating role of technological innovation (TI). Despite the growing emphasis on corporate sustainability, there is limited understanding of how different ownership structures and financing choices influence EAD, particularly when moderated by TI. Drawing insights from agency and stakeholder theories, this research aims to fill this gap by analyzing manufacturing companies in the MENA region from 2001 to 2022. Using Dynamic Common Correlated Effects (DCCE) estimation, we examine the empirical relationships among these variables. To address endogeneity issues, the study employed GMM modeling. Our findings reveal that concentrated ownership and state ownership significantly promote EAD, while managerial ownership has a negative impact. Additionally, firms relying on equity financing tend to exhibit higher EAD, whereas those relying on debt financing show lower EAD levels. Notably, technological innovation positively moderates the relationship between ownership structure and EAD. The findings underscore the importance of promoting equity financing, concentrated ownership, and state ownership to enhance EAD in the MENA region. Furthermore, the study emphasizes the need for adopting innovative practices to improve environmental disclosure standards and support sustainable business practices.
Schlagwörter: 
Environmental disclosure
financing decisions
MENA nations ownership structure
technological innovation
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.