@article{matuszak2021corporate,
  title = {Corporate Environmental Disclosure under the Stakeholder Pressure:  The Role of Directive 2014/95/EU},
  author = {Łukasz MATUSZAK and Ewa RÓŻAŃSKA},
  year = 2021,
  url = {https://ibimapublishing.com/p-articles/37ENV/2021/37102121/},
  journal = {Communications of International Proceedings},
  volume = 2021 (14),
  abstract = {Purpose: The purpose of this study is to investigate the role of primary (investors, consumers and employee) and secondary (environment, regulator that requires mandatory environmental disclosure under the Directive 2014/95/EU and standard setters) stakeholder groups on company’s environmental disclosure.
Design/methodology/approach: The sample comprised 71 selected listed companies over 6 years. Content analysis was used to measure the extent of environmental disclosure. The econometric model was estimated using panel random effects.
Findings: The extent of the environmental disclosure is significantly affected by stakeholder groups’ demands. Among primary stakeholder groups only customers, exert a strong influence on environmental disclosure. As for secondary stakeholder groups, environment, regulator and standard setters, these all greatly influence environmental disclosure practices.
Originality: Our study contributes to the understanding of the role of secondary stakeholders such as environment, regulator and standard in environmental disclosure.},
  keywords = {Environmental Disclosure; CSR Disclosure; ESG Disclosure; Sustainability Disclosure; Non-Financial Disclosure; Directive 2014/95/EU},
  note = Article ID: 37102121
}