How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data
This paper examines the role of multinational enterprises in sustainability reporting. The study assesses how multinational enterprise status correlates with a company's average disclosure rate and probability of reporting on economic, labor a...
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| Online Access: | http://documents.worldbank.org/curated/en/331701513193783109/How-do-multinationals-report-their-economic-social-and-environmental-impacts-evidence-from-global-reporting-initiative-data http://hdl.handle.net/10986/29010 |
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okr-10986-290102021-06-08T14:42:47Z How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data Winkler, Deborah MULTINATIONAL CORPORATIONS SDGs SUSTAINABLE DEVELOPMENT GOALS SUSTAINABILITY REPORTING CORPORATE REPORTING GOVERNANCE ENVIRONMENTAL IMPACT This paper examines the role of multinational enterprises in sustainability reporting. The study assesses how multinational enterprise status correlates with a company's average disclosure rate and probability of reporting on economic, labor and social, environmental, and governance indicators. It uses a unique data set that offers company-level information on sustainability reporting from the Global Reporting Initiative, which covers 2,020 companies in 81 countries and 54 sustainability indicators. The summary statistics show that multinational enterprises and large domestic companies have higher average disclosure rates than small and medium-size enterprises. However, the econometric analysis suggests that multinational enterprise status does not matter for the average disclosure rate, but company size shows a strongly positive correlation. Differentiating by type of multinational enterprise reveals that the relationship becomes positive and significant for private companies. By contrast, the correlation between multinational enterprise status and the average disclosure rate does not vary by listing status, sector, region, or income level. Focusing on the relationship by development category also shows no significant correlation. Finally, accounting for the heterogeneity of the sustainability indicators, the study analyzes the relationship between multinational enterprise status and the probability of disclosure at the detailed indicator level, and confirms a significant correlation for 12 indicators. 2017-12-15T18:30:52Z 2017-12-15T18:30:52Z 2017-12 Working Paper http://documents.worldbank.org/curated/en/331701513193783109/How-do-multinationals-report-their-economic-social-and-environmental-impacts-evidence-from-global-reporting-initiative-data http://hdl.handle.net/10986/29010 English Policy Research Working Paper;No. 8274 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
MULTINATIONAL CORPORATIONS SDGs SUSTAINABLE DEVELOPMENT GOALS SUSTAINABILITY REPORTING CORPORATE REPORTING GOVERNANCE ENVIRONMENTAL IMPACT |
| spellingShingle |
MULTINATIONAL CORPORATIONS SDGs SUSTAINABLE DEVELOPMENT GOALS SUSTAINABILITY REPORTING CORPORATE REPORTING GOVERNANCE ENVIRONMENTAL IMPACT Winkler, Deborah How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| relation |
Policy Research Working Paper;No. 8274 |
| description |
This paper examines the role of
multinational enterprises in sustainability reporting. The
study assesses how multinational enterprise status
correlates with a company's average disclosure rate and
probability of reporting on economic, labor and social,
environmental, and governance indicators. It uses a unique
data set that offers company-level information on
sustainability reporting from the Global Reporting
Initiative, which covers 2,020 companies in 81 countries and
54 sustainability indicators. The summary statistics show
that multinational enterprises and large domestic companies
have higher average disclosure rates than small and
medium-size enterprises. However, the econometric analysis
suggests that multinational enterprise status does not
matter for the average disclosure rate, but company size
shows a strongly positive correlation. Differentiating by
type of multinational enterprise reveals that the
relationship becomes positive and significant for private
companies. By contrast, the correlation between
multinational enterprise status and the average disclosure
rate does not vary by listing status, sector, region, or
income level. Focusing on the relationship by development
category also shows no significant correlation. Finally,
accounting for the heterogeneity of the sustainability
indicators, the study analyzes the relationship between
multinational enterprise status and the probability of
disclosure at the detailed indicator level, and confirms a
significant correlation for 12 indicators. |
| format |
Working Paper |
| author |
Winkler, Deborah |
| author_facet |
Winkler, Deborah |
| author_sort |
Winkler, Deborah |
| title |
How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| title_short |
How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| title_full |
How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| title_fullStr |
How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| title_full_unstemmed |
How Do Multinationals Report Their Economic, Social, and Environmental Impacts? : Evidence from Global Reporting Initiative Data |
| title_sort |
how do multinationals report their economic, social, and environmental impacts? : evidence from global reporting initiative data |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/331701513193783109/How-do-multinationals-report-their-economic-social-and-environmental-impacts-evidence-from-global-reporting-initiative-data http://hdl.handle.net/10986/29010 |
| _version_ |
1764468262133825536 |