Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana
AbstractIn the era of climate change, stakeholders are becoming more concerned about the sustainability disclosure of businesses. However, for developing economies like Ghana, studies on stakeholders’ pressure and sustainable development has not received much attention. Hence, this study examines th...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2024.2303790 |
| _version_ | 1797324091896627200 |
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| author | Noha Alessa John Yaw Akparep Inusah Sulemana Andrew Osei Agyemang |
| author_facet | Noha Alessa John Yaw Akparep Inusah Sulemana Andrew Osei Agyemang |
| author_sort | Noha Alessa |
| collection | DOAJ |
| description | AbstractIn the era of climate change, stakeholders are becoming more concerned about the sustainability disclosure of businesses. However, for developing economies like Ghana, studies on stakeholders’ pressure and sustainable development has not received much attention. Hence, this study examines the influence of stakeholders’ pressure on sustainability disclosure and employed green technological innovation (GTI) as a mediating factor. The study focused on mining and manufacturing firms because their processes are known to release carbon dioxide, create waste. The data utilize in this study was collected from 383 respondents in Ghana via online questionnaires. PLS-SEM was used to analyze the data and tested the hypothesis for the study using SMART-PLS 4. The results demonstrated that stakeholder pressure substantially improves sustainability disclosure performance. Also, the results revealed that a firm’s GTI mediates the connection between stakeholder pressure in terms of shareholder and consumer pressures. However, government pressure and sustainability disclosure were found to be insignificant. The study recommends that managers should incorporate GTI into the product design and manufacturing process since it enables firms not only fulfill their client’s needs but also reduce their environmental impacts, like the production of carbon dioxide and solid debris. |
| first_indexed | 2024-03-08T05:45:13Z |
| format | Article |
| id | doaj.art-ea03c8d9ba2d48d8be17eb6a9bb03aaf |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-03-08T05:45:13Z |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-ea03c8d9ba2d48d8be17eb6a9bb03aaf2024-02-05T14:14:56ZengTaylor & Francis GroupCogent Business & Management2331-19752024-12-0111110.1080/23311975.2024.2303790Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from GhanaNoha Alessa0John Yaw Akparep1Inusah Sulemana2Andrew Osei Agyemang3Department of Accounting, College of Business Administration, Princess Nourah bint Abdulrahman University, Riyadh, Saudi ArabiaSchool of Business, S.D. Dombo University of Business and Integrated Development Studies, Wa, GhanaSchool of Business and Law, University for Development Studies, Tamale, Northern Region, GhanaSchool of Business, S.D. Dombo University of Business and Integrated Development Studies, Wa, GhanaAbstractIn the era of climate change, stakeholders are becoming more concerned about the sustainability disclosure of businesses. However, for developing economies like Ghana, studies on stakeholders’ pressure and sustainable development has not received much attention. Hence, this study examines the influence of stakeholders’ pressure on sustainability disclosure and employed green technological innovation (GTI) as a mediating factor. The study focused on mining and manufacturing firms because their processes are known to release carbon dioxide, create waste. The data utilize in this study was collected from 383 respondents in Ghana via online questionnaires. PLS-SEM was used to analyze the data and tested the hypothesis for the study using SMART-PLS 4. The results demonstrated that stakeholder pressure substantially improves sustainability disclosure performance. Also, the results revealed that a firm’s GTI mediates the connection between stakeholder pressure in terms of shareholder and consumer pressures. However, government pressure and sustainability disclosure were found to be insignificant. The study recommends that managers should incorporate GTI into the product design and manufacturing process since it enables firms not only fulfill their client’s needs but also reduce their environmental impacts, like the production of carbon dioxide and solid debris.https://www.tandfonline.com/doi/10.1080/23311975.2024.2303790Developing economygreen technological innovationstakeholders pressure sustainability disclosureCollins NtimUniversity of SouthamptonUnited Kingdom of Great Britain and Northern Ireland |
| spellingShingle | Noha Alessa John Yaw Akparep Inusah Sulemana Andrew Osei Agyemang Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana Cogent Business & Management Developing economy green technological innovation stakeholders pressure sustainability disclosure Collins Ntim University of Southampton United Kingdom of Great Britain and Northern Ireland |
| title | Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana |
| title_full | Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana |
| title_fullStr | Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana |
| title_full_unstemmed | Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana |
| title_short | Does stakeholder pressure influence firms environmental, social and governance (ESG) disclosure? Evidence from Ghana |
| title_sort | does stakeholder pressure influence firms environmental social and governance esg disclosure evidence from ghana |
| topic | Developing economy green technological innovation stakeholders pressure sustainability disclosure Collins Ntim University of Southampton United Kingdom of Great Britain and Northern Ireland |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2024.2303790 |
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