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Why Do Firms Engage in National Sustainability Programs and Transparent Sustainability Reporting?

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Listed:
  • Luis A. Perez-Batres

    () (Central Michigan University)

  • Van V. Miller

    (Central Michigan University)

  • Michael J. Pisani

    (Central Michigan University)

  • Irene Henriques

    (York University)

  • Jose A. Renau-Sepulveda

    (Central Michigan University)

Abstract

To evaluate global and domestic corporations on their sustainability engagement, numerous metrics have been developed at the national and international levels. In this paper, we assess whether the largest 448 foreign and local firms operating in a particular country engage in local sustainability initiatives (i.e., Mexico’s Clean Industry Program). The paper also assesses the degree of sustainability reporting (transparency towards sustainability) by the 267 local firms. Using an Institutional Theory rationale, we find that type of industry (dirty vs. clean), regional home, and engagement in global sustainability initiatives—i.e., The UNGC—best explain the firm’s decision to follow local sustainability initiatives. We find that the type of industry and affiliation to a national sustainability program are highly related to transparent sustainability reporting for large Mexican firms.

Suggested Citation

  • Luis A. Perez-Batres & Van V. Miller & Michael J. Pisani & Irene Henriques & Jose A. Renau-Sepulveda, 2012. "Why Do Firms Engage in National Sustainability Programs and Transparent Sustainability Reporting?," Management International Review, Springer, vol. 52(1), pages 107-136, February.
  • Handle: RePEc:spr:manint:v:52:y:2012:i:1:d:10.1007_s11575-011-0098-8
    DOI: 10.1007/s11575-011-0098-8
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    References listed on IDEAS

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    Cited by:

    1. Waris Ali & Jedrzej George Frynas, 2018. "The Role of Normative CSR‐Promoting Institutions in Stimulating CSR Disclosures in Developing Countries," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(4), pages 373-390, July.
    2. Sergio Manrique & Carmen-Pilar Martí-Ballester, 2017. "Analyzing the Effect of Corporate Environmental Performance on Corporate Financial Performance in Developed and Developing Countries," Sustainability, MDPI, Open Access Journal, vol. 9(11), pages 1-30, October.
    3. Thomas, Manoj T., 2018. "Developing a capstone course on ecological and social sustainability in business education," Business Horizons, Elsevier, vol. 61(6), pages 949-958.
    4. Pisani, Niccolò & Kourula, Arno & Kolk, Ans & Meijer, Renske, 2017. "How global is international CSR research? Insights and recommendations from a systematic review," Journal of World Business, Elsevier, vol. 52(5), pages 591-614.
    5. Waris Ali & Maha Faisal Alsayegh & Zubair Ahmad & Zeeshan Mahmood & Javed Iqbal, 2018. "The Relationship between Social Visibility and CSR Disclosure," Sustainability, MDPI, Open Access Journal, vol. 10(3), pages 1-32, March.
    6. Luis Perez-Batres & Jonathan Doh & Van Miller & Michael Pisani, 2012. "Stakeholder Pressures as Determinants of CSR Strategic Choice: Why do Firms Choose Symbolic Versus Substantive Self-Regulatory Codes of Conduct?," Journal of Business Ethics, Springer, vol. 110(2), pages 157-172, October.

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