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The study sought to investigate the factors influencing environmental reporting in developing countries. This has been necessited by the inconsistances and non compliant to regulations and laws of environmental reporting among the developing countries. Through examining the factors that influence environmental reporting the study hope to establish context based solutions to the challenge of environmental reporting. The study used a quantitative research method and factor analysis to establish the factors influencing environmental reporting. It was discovered that there are seven key factors influencing environmental reporting among Southern African Development Community (SADC) countries. These factors are: regulatory drivers, risk management drivers, market drivers, management influence drivers, strategic communication drivers, value creation drivers and legitimacy drivers. The study also revealed that there are several sub-factors that influencing environmental reporting under each key factor identified. The study concluded that environmental reporting influenced by the seven key factors. The study recommends that SADC sought for in-depth understanding of factors influencing environmental reporting. This is because understanding of the factors affecting environmental reporting is essential for the formulation and reporting that that satisfies stakeholders' requirements.

This paper explores the relationship between environmental, social, and governance performance (ESGP) and firm value in both emerging and developed economies, with the moderating impact of environmental uncertainty and competitive advantage. Using secondary unbalanced data spanning from 2011 to 2022, we examine both the direct and non-linear effects of ESG performance on firm value, employing advanced econometric estimation techniques such as two-step system GMM (2sGMM) and two-stage least square (2SLS). The analysis finds that: (1) ESG performance positively influences firm value in both Chinese and US banks, and the results remain valid after robustness test; (2) The results also confirm that ESG performance non-linearly influence firm value across the samples, with an inverted U-shape relationship; (3) Additionally, we further investigate the moderating effects of environmental uncertainty and competitive advantage, uncovering that environmental uncertainty dampens the ESGP-firm value relationship, while competitive advantage further amplifies it. This study contributes to the understanding of how ESG performance can act as strategic assets that align managerial and stakeholder interests, and improve firm performance, by underpinning agency, stakeholder, and the resource-based view theory. Practical insights are also provided for policymakers, regulators, and financial institutions regarding the use of ESGP as a competitive tool in uncertain and dynamic market environments.

Using A-share listed companies in Shanghai and Shenzhen from 2010 to 2019 and the density of Confucian temples and schools near sample company headquarters, this paper uses regression analysis to estimate the impact of Confucian culture on corporate environmental governance.  Enterprise environmental capital investment as a percent of total assets is the dependent variable used as a proxy for environmental governance. The log of the number of the number of Confucian temples and Confucian academies within a 200-kilometer radius of the company's registered location plus one is the independent variable. This study finds that the environmental capital expenditures increase by 0.007% for every unit increase in the independent variable. Similar results are found when the radius is expanded to 300 kilometers. The greater the influence of Confucian culture is, the more inclined enterprises are to participate in corporate environmental governance. Additionally, environmental governance information disclosure can be a key influence path for this correlation.  Further analysis finds that the relationship between Confucian culture and environmental governance is stronger with more experienced managers, a more developed institutional environment, and after 2015 following the People's Republic of China’s enactment of the Environmental Protection Law.  This study expands the literature on the factors that influence Confucian culture on corporate environmental governance, enriches the empirical evidence of the influence of the informal system of corporate environmental governance on enterprise decision-making, and confirms the modern commercial value of Confucian culture. 

The specific goal of this study is to find out how retail investors consider company ESG issues while making investment decisions, with their moral awareness (MA) serving as a moderator. The framework's foundations are the norm activation model (NAM) and the theory of planned behavior (TPB). The report is based on a questionnaire survey that was completed by 599 retail investors in Dhaka and Chattagram, Bangladesh. To examine the data and verify the theories, the PLS path modeling approach is employed. Six hypotheses are investigated using structural equation modeling; five are found to be significant and one to be non-significant. All of the hypotheses are positive. The findings of the research demonstrate that when making investment decisions, investors take a company's social, environmental, and governance issues into account. The moral awareness of investors seems to influence their investment decisions as well. By presenting empirical data on the relationship between business ESG issues and investment decisions with moderating impacts on investors' moral awareness, the paper advances the field of behavioral finance research. It implies that corporate advertising tactics may support global reporting requirements, draw impact investors, and promote moral and environmental education. To safeguard ESG concerns and promote sustainable growth of the capital market and economy, governments should enact laws, rules, and directives.

Whether investors take into account a company's environmental, social, and governance (ESG) issues when making investment decisions (ID), how they interpret corporate reputation (CR) as a result of ESG issues, and whether CR mediates the relationship between ESG issues and ID are the goals of this study. The theory of planned behavior (TPB) and the signaling theory are the bases of the framework. The study was based on a questionnaire survey that received 599 responses from active retail investors in two Bangladeshi cities, Dhaka and Chattagram. The PLS path modeling method was used to analyze the data and test the hypothesis. The empirical findings reveal that corporate ESG issues considerably impact ID and that CR mediates this relationship. This study contributes to behavioral finance by offering empirical proof of the relationship between company ESG issues and investment decisions. By examining the indirect effects of ESG issues on ID via CR, this study contributes to the body of knowledge. It is therefore advised that strategic managers be required to use ESG practices as it builds reputation. At the same time, the government should create public policies, orders, and rules for upholding the ESG issues that contribute to the sustainable development of the capital market and the economy.

Ready-made garments (RMG) are one of the most critical sectors in the economy of the South Asian region in terms of the labor force employed and export earnings. This research study aims to determine the Corporate Social Responsibility Stakeholders dimension and its influence on textile firms Performance. The study used organizational legitimacy as mediating variable between the CSR stakeholders and firms’ performances. The research study was used in the quantitative analysis approach to determine the cause and effect of the relationship between CSR and Textile firm’s financial and non-financial performance. Though the study collected primary data & secondary data from 250 respondents using survey questionnaires, the researcher obtained secondary data by analyzing the audited annual and sustainability reports of various RMG companies. We have collected data by conducting a focus group interview forming a team of employers, top-level managers, and CSR officers. We asked them all the questions, filled it, tapped it, reserved it for the interpretations. We have surveyed 67 industries, but it enabled us to collect the data from the 50 sectors—the data collected from 2016 April to 2018 December. Our study has some limitations in that the sample size is small compared to the other research. SPSS-23 & MS-Excel were used to analyze the collected data. CSR practices benefitted RMG companies in terms of long-term sustainable development by increasing the firm’s financial and non-financial performance of the RMG sector.

Top managers are recognized as important forces in fostering the spread of ethical spirits and responsible behaviors in organizations. The purpose of this paper is to explore the impact of personal ethical values and demographics (age, gender, and education level) on top managers’ CSR perceptions in Ethiopia. A quantitative approach involving a structured questionnaire was used to collect data from 294 executive managers of four sectors (floriculture, food, textile, and banks). Multiple linear regressions were employed to analyze the data. The analysis revealed that while some personal demographics, i.e., age and educational level had no impact on Ethiopian managers’ CSR perception, gender was positively and significantly correlated with managers’ CSR perception. Additionally, the analysis indicated that managers’ personal moral values had significantly influenced Ethiopian managers’ CSR perception.

Though it is called corporate social responsibility (CSR), it is the people in the organization particularly, top managers who develop and get implemented corporate social policies. Organization behavior is the reflection of their top managers. However, exploration of the role of top managers in spreading CSR in the organization is scant in the literature. The purpose of this paper is to explore the impact of top managers’ CSR perceptions on firm-level CSR in Ethiopia. Structured questionnaires were used to collect data from 294 executive managers of four sectors, namely textile, food, bank, and floriculture industries. Multiple hierarchical regression and process macro 3.3 were employed to analyze the data with the aid of SPSS. The analysis reveals that top managers’ CSR perception is a significant predictor of firm-level CSR behaviors. The result also shows that corporate ethical culture fully mediates the relationship between top managers’ CSR perception and organization CSR. Moreover, transformational leadership has a moderating effect between the direct top managers’ CSR perception and firm-level CSR relationship.

An important objective of business research is to understand how organizational practices can influence consumer attitude and behaviors in order to help achieve organizational goals via consumer purchase intention. It was proposed and found in this study that consumers’ perceptions of certain Corporate Social Irresponsible (CSI) practices serves as antecedents of consumer purchase intention (PI) via corporate reputation (CR) and consumer attitude (CA). On the one hand, this finding may help understand the “black box” between CSI practices and PI. On the other hand, while CR refers to customers’ evaluations of the reputation of the organization and CSI represent a significant channel the organization uses to channel its irresponsible behavior to the community, CR and CA literatures have not comprehensively examined the effect of CSI practices on consumers CA and CR beliefs.  The findings in the hierarchical regression from a sample of 455 consumers of products in a large corporate organization in Kenya as a study documenting a negative association between CSI practices and CR and CA with PI suggests that consumers draw inferences from the CSI-related treatment they receive in assessing the supportiveness of the organization. By implementing CSI practices that demonstrate the organization does not care about the community and values their contribution, organizations are likely to be perceived as engaging in a high level of irresponsible behaviour. The results of this study add to our knowledge about the antecedents of CR and CA. Moreover, this study bridges the gap in the literature, by combining CSI, CR, CA and PI.