Empirical results – stakeholders' power, corporate characteristics, and social and environmental disclosure

This chapter provides additional analyses of empirical results in terms of using different proxies for corporate social and environmental disclosure by making appropriate modifications to the construction of the Social Environmental Disclosure Index (SEDI). It presents the descriptive statistical analyses for the variables tested. The chapter presents the results of testing the relationship between stakeholders' power, corporate characteristics, and corporate social and environmental disclosure. It presents the analyses of empirical results with disclosure being examined at the GRI categories level. The chapter employs an empirical model to examine the effects of stakeholders' power and corporate characteristics on the social and environmental disclosure of socially responsible Chinese listed firms. The empirical results provide important insights into the influence of stakeholders' power and corporate characteristics on corporate social and environmental disclosure in China. Corporate characteristics, such as firm size, profitability and industry classification are all significant factors influencing corporate social and environmental disclosure.