Pessimistic tone in earnings announcement and CSR disclosure: Exploring the interacting role of CEO busyness

doi:10.3390/su132413645

科研成果详情

题名	Pessimistic tone in earnings announcement and CSR disclosure: Exploring the interacting role of CEO busyness
作者	Ningsih，Sri 1; Harymawan，Iman 1; Fitriani，Nurul 1; Lam，Brian 2
发表日期	2021-12-01
发表期刊	Sustainability (Switzerland)
卷号	13 期号:24
摘要	This study analyzes the relationship between the pessimistic tone in earnings announcements and CSR disclosures interacted by CEO busyness. This study used 191 observations from 74 firms listed on the Indonesia Stock Exchange and the Global Reporting Initiative (GRI) database from 2016–2019. Grounded in signaling theory, we hypothesize that a pessimistic tone in earning announcements will increase CSR disclosure. We also hypothesize that busy CEOs strengthen this relationship. We use the ordinary least squares to analyze and answer our hypotheses. This study showed that the use of a pessimistic tone in the income statement in the discussion report and management analysis (MD&A) is related positively and significantly to CSR disclosure. This study also found that busy CEOs strengthen those relationships. Our implication is that CSR disclosure in our sample is only measured based on the information presented in the sustainability report. To the best of the authors’ knowledge, this study is the first to investigate the relationship between the pessimistic tone in earning announcements and CSR disclosures interacted by CEO busyness. In addition, this study provides insight into current performance disclosure practices in MD&A reports and CSR reports that managers can use to safeguard the firm’s reputation.
关键词	Busy CEO Corporate sustainability CSR disclosure Earnings announcement Pessimistic tone
DOI	10.3390/su132413645
URL	查看来源
语种	英语English
Scopus入藏号	2-s2.0-85121008335
引用统计	被引频次：7[WOS] [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	https://repository.uic.edu.cn/handle/39GCC9TT/8300
专题	北师香港浸会大学
通讯作者	Ningsih，Sri
作者单位	1.Department of Accounting,Airlangga University,Surabaya,60115,Indonesia 2.Division of Business and Management,BNU-HKBU United International College,Zhuhai,519087,China
推荐引用方式 GB/T 7714	Ningsih，Sri,Harymawan，Iman,Fitriani，Nurulet al. Pessimistic tone in earnings announcement and CSR disclosure: Exploring the interacting role of CEO busyness[J]. Sustainability (Switzerland), 2021, 13(24).
APA	Ningsih，Sri, Harymawan，Iman, Fitriani，Nurul, & Lam，Brian. (2021). Pessimistic tone in earnings announcement and CSR disclosure: Exploring the interacting role of CEO busyness. Sustainability (Switzerland), 13(24).
MLA	Ningsih，Sri,et al."Pessimistic tone in earnings announcement and CSR disclosure: Exploring the interacting role of CEO busyness". Sustainability (Switzerland) 13.24(2021).