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Scrutiny, Norms, and Selective Disclosure

A Global Study of Greenwashing

Bibliographic Data

ID23324813
AuthorsChristopher Marquis (0000-0003-0926-0565, Cornell University, corresponding author), Michael W Toffel (0000-0002-1224-9159, Harvard Business School, Boston, Massachusetts 02163), Yanhua Zhou (0000-0003-3619-2609, Harvard Business School, Boston, Massachusetts 02163)
Year2016
Volume27
Issue2
Pages483-504
Publication date2016-03-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueOrganization Science (JOURNAL)
Journal identifiersISSN: 1047-7039 • E-ISSN: 1526-5455
PublisherInstitute for Operations Research and the Management Sciences (INFORMS) (PUBLISHER)
DOI10.1287/orsc.2015.1039
OpenAlexW3121311011
LanguageEN
Citations received179
References cited75

Under increased pressure to report environmental impacts, some firms selectively disclose relatively benign impacts, creating an impression of transparency while masking their true performance. We theorize circumstances under which firms are less likely to engage in such selective disclosure, focusing on organizational and institutional factors that intensify scrutiny and expectations of transparency and that foster civil society mobilization. We test our hypotheses using a novel panel data set of 4,750 public companies across many industries that are headquartered in 45 countries during 2004–2007. Results show that firms that are more environmentally damaging, particularly those in countries where they are more exposed to scrutiny and global norms, are less likely to engage in selective disclosure. We discuss contributions to research on institutional theory, strategic management, and information disclosure.

Business · Corporate social responsibility · Economics · Greenwashing · Impression management · Political science · Public disclosure · Public economics · Public relations · Scrutiny · Transparency (behavior) · Accounting · Corporate Social Responsibility Reporting · Law

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Unique citing works179
Citations per year19,89
Citation span2017 - 2026 (10)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 176

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