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Evidence for Novel Structures Relating CSR Reporting and Economic Welfare: Environmental Sustainability—A Continent-Level Analysis

Author

Listed:
  • George Halkos

    (University of Thessaly)

  • Stylianos Nomikos

    (University of Thessaly)

  • Kyriaki Tsilika

    (University of Thessaly
    Hellenic Open University)

Abstract

This paper aims to work towards a factual framework to substantiate the linkage between corporate social responsibility (CSR) reporting and economic activity and between CSR reporting and CO2 pollution, continent-wide. The document summarizes the conclusions of the dynamic analysis of CSR reports and the correlation analysis between CSR reports and economic—environmental variables, always using evidence from continent-level data. We draw on growth—environmental data and CSR reports from 1999 to 2017 to perform an analysis that quantifies the direction, the strength and the nature of the dependence structure between the two variables. Continents’ position according to their CSR reporting performance, CSR report trends over time, comparative schemes among continents, compose a global view on continents’ differentiation on CSR practices and strategies. Overall, the paper contributes to the understanding of how the CSR policies have been integrated and evolved worldwide.

Suggested Citation

  • George Halkos & Stylianos Nomikos & Kyriaki Tsilika, 2022. "Evidence for Novel Structures Relating CSR Reporting and Economic Welfare: Environmental Sustainability—A Continent-Level Analysis," Computational Economics, Springer;Society for Computational Economics, vol. 59(2), pages 415-444, February.
    • Handle: RePEc:kap:compec:v:59:y:2022:i:2:d:10.1007_s10614-020-10091-5
    DOI: 10.1007/s10614-020-10091-5
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    Cited by:

    1. Halkos, George & Tsilika, Kyriaki, 2021. "Computational aspects of sustainability: Conceptual review and analytical framework," MPRA Paper 109632, University Library of Munich, Germany.
    2. Cansu Perdeli Demirkan & Nicole M. Smith & H. Sebnem Duzgun & Aurora Waclawski, 2021. "A Data-Driven Approach to Evaluation of Sustainability Reporting Practices in Extractive Industries," Sustainability, MDPI, vol. 13(16), pages 1-37, August.

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