The effect of DEFRA guidance on greenhouse gas disclosure

Authors: Tauringana, V. and Chithambo, L.

Journal: British Accounting Review

eISSN: 1095-8347

ISSN: 0890-8389

DOI: 10.1016/j.bar.2014.07.002

Abstract:

This paper investigates the effect of the 2009 guidance of the Department for Environment, Food & Rural Affairs on greenhouse gas (GHG) disclosure. The sample comprises 215 companies from a population of London Stock Exchange FTSE 350 companies over four years (2008-2011). To quantify GHG disclosure, a research index methodology is employed, with information derived from several GHG reporting frameworks. The econometric model is estimated using panel fixed effects. Our findings suggest that the publication of the 2009 guidance has had a significant effect on the level of GHG disclosure, and that corporate governance mechanisms (board size, director ownership, and ownership concentration) also affect the extent of GHG information disclosure. The results also indicate that companies increased their disclosures prior to the 2009 guidance in anticipation of its publication. These results have important implications for the government, suggesting that non-mandatory guidance could increase disclosure as much as do mandatory requirements. © 2014 The Authors.

https://eprints.bournemouth.ac.uk/22979/

Source: Scopus

The effect of DEFRA guidance on greenhouse gas disclosure

Authors: Tauringana, V. and Chithambo, L.

Journal: British Accounting Review

Volume: 47

Issue: 4

Pages: 425-444

eISSN: 1095-8347

ISSN: 0890-8389

DOI: 10.1016/j.bar.2014.07.002

Abstract:

This paper investigates the effect of the 2009 guidance of the Department for Environment, Food & Rural Affairs on greenhouse gas (GHG) disclosure. The sample comprises 215 companies from a population of London Stock Exchange FTSE 350 companies over four years (2008-2011). To quantify GHG disclosure, a research index methodology is employed, with information derived from several GHG reporting frameworks. The econometric model is estimated using panel fixed effects. Our findings suggest that the publication of the 2009 guidance has had a significant effect on the level of GHG disclosure, and that corporate governance mechanisms (board size, director ownership, and ownership concentration) also affect the extent of GHG information disclosure. The results also indicate that companies increased their disclosures prior to the 2009 guidance in anticipation of its publication. These results have important implications for the government, suggesting that non-mandatory guidance could increase disclosure as much as do mandatory requirements.

https://eprints.bournemouth.ac.uk/22979/

Source: Scopus

The effect of DEFRA guidance on greenhouse gas disclosure

Authors: Tauringana, V. and Chithambo, L.

Journal: BRITISH ACCOUNTING REVIEW

Volume: 47

Issue: 4

Pages: 425-444

ISSN: 0890-8389

DOI: 10.1016/j.bar.2014.07.002

https://eprints.bournemouth.ac.uk/22979/

Source: Web of Science (Lite)

The effect of DEFRA guidance on greenhouse gas disclosure

Authors: Tauringana, V.

Conference: British Accounting and Finance Association Annual Conference

Dates: 14-16 April 2014

Abstract:

This paper investigates the effect of the 2009 guidance of the Department for Environment, Food & Rural Affairs on greenhouse gas (GHG) disclosure. The sample comprises 215 companies from a population of London Stock Exchange FTSE 350 companies over four years (2008–2011). To quantify GHG disclosure, a research index methodology is employed, with information derived from several GHG reporting frameworks. The econometric model is estimated using panel fixed effects. Our findings suggest that the publication of the 2009 guidance has had a significant effect on the level of GHG disclosure, and that corporate governance mechanisms (board size, director ownership, and ownership concentration) also affect the extent of GHG information disclosure. The results also indicate that companies increased their disclosures prior to the 2009 guidance in anticipation of its publication. These results have important implications for the government, suggesting that non-mandatory guidance could increase disclosure as much as do mandatory requirements.

https://eprints.bournemouth.ac.uk/22979/

Source: Manual

The effect of DEFRA guidance on greenhouse gas disclosure

Authors: Tauringana, V. and Chithambo, L.

Journal: British Accounting Review

Volume: 47

Issue: 4

Pages: 425-444

Abstract:

This paper investigates the effect of the 2009 guidance of the Department for Environment, Food & Rural Affairs on greenhouse gas (GHG) disclosure. The sample comprises 215 companies from a population of London Stock Exchange FTSE 350 companies over four years (2008e 2011). To quantify GHG disclosure, a research index methodology is employed, with information derived from several GHG reporting frameworks. The econometric model is estimated using panel fixed effects. Our findings suggest that the publication of the 2009 guidance has had a significant effect on the level of GHG disclosure, and that corporate governance mechanisms (board size, director ownership, and ownership concentration) also affect the extent of GHG information disclosure. The results also indicate that companies increased their disclosures prior to the 2009 guidance in anticipation of its publication. These results have important implications for the government, suggesting that non-mandatory guidance could increase disclosure as much as do mandatory requirements.

https://eprints.bournemouth.ac.uk/22979/

http://www.sciencedirect.com/science/article/pii/S0890838914000560

Source: BURO EPrints