{"id":"https://openalex.org/W2965425807","doi":"https://doi.org/10.1108/sampj-06-2018-0158","title":"Is voluntary external assurance relevant for the valuation of environmental reporting by firms in environmentally sensitive industries?","display_name":"Is voluntary external assurance relevant for the valuation of environmental reporting by firms in environmentally sensitive industries?","publication_year":2019,"publication_date":"2019-07-30","ids":{"openalex":"https://openalex.org/W2965425807","doi":"https://doi.org/10.1108/sampj-06-2018-0158","mag":"2965425807"},"language":"en","primary_location":{"id":"doi:10.1108/sampj-06-2018-0158","doi":"https://doi.org/10.1108/sampj-06-2018-0158","is_oa":false,"landing_page_url":"https://doi.org/10.1108/sampj-06-2018-0158","pdf_url":null,"source":{"id":"https://openalex.org/S183939566","display_name":"Sustainability Accounting Management and Policy Journal","issn_l":"2040-8021","issn":["2040-8021","2040-803X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Sustainability Accounting, Management and Policy Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5048356353","display_name":"Ikram Radhouane","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ikram Radhouane","raw_affiliation_strings":["ICD International Business School, Paris, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ICD International Business School, Paris, France","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5054535764","display_name":"Mehdi Nekhili","orcid":"https://orcid.org/0000-0002-4042-4428","observed_orcids":["https://orcid.org/0000-0002-4042-4428"]},"institutions":[{"id":"https://openalex.org/I4210108471","display_name":"Le Mans Universit\u00e9","ror":"https://ror.org/01mtcc283","country_code":"FR","type":"education","lineage":["https://openalex.org/I4210108471"]},{"id":"https://openalex.org/I4405263069","display_name":"Laboratoire de recherche en \u00c9conomie","ror":"https://ror.org/024qc2211","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4210108471","https://openalex.org/I4405263069"]},{"id":"https://openalex.org/I4405263169","display_name":"Laboratoire de recherche en Gestion","ror":"https://ror.org/03h1dmy16","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4210108471","https://openalex.org/I4405263169"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Mehdi Nekhili","raw_affiliation_strings":["GAINS-ARGUMANS, Le Mans University, Le Mans, France","GAINS - ARGUMANS - Atelier De Recherche En Gestion De L'universit\u00e9 Du Mans (Universit\u00e9 du Maine, Avenue Olivier Messiaen, 72085 Le Mans cedex 9 - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"GAINS-ARGUMANS, Le Mans University, Le Mans, France","institution_ids":["https://openalex.org/I4210108471","https://openalex.org/I4405263069","https://openalex.org/I4405263169"]},{"raw_affiliation_string":"GAINS - ARGUMANS - Atelier De Recherche En Gestion De L'universit\u00e9 Du Mans (Universit\u00e9 du Maine, Avenue Olivier Messiaen, 72085 Le Mans cedex 9 - France)","institution_ids":["https://openalex.org/I4210108471","https://openalex.org/I4405263069","https://openalex.org/I4405263169"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5073341242","display_name":"Haithem Nagati","orcid":"https://orcid.org/0000-0002-7173-6889","observed_orcids":["https://orcid.org/0000-0002-7173-6889"]},"institutions":[{"id":"https://openalex.org/I51195161","display_name":"\u00c9cole de management de Lyon","ror":"https://ror.org/009gmrj52","country_code":"FR","type":"education","lineage":["https://openalex.org/I51195161"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Haithem Nagati","raw_affiliation_strings":["EM LYON Business School, Ecully, France","EM - EMLyon Business School (23 Avenue Guy de Collongue, 69134 Ecully cedex - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"EM LYON Business School, Ecully, France","institution_ids":["https://openalex.org/I51195161"]},{"raw_affiliation_string":"EM - EMLyon Business School (23 Avenue Guy de Collongue, 69134 Ecully cedex - France)","institution_ids":["https://openalex.org/I51195161"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5060634050","display_name":"Gilles A. Pach\u00e9","orcid":"https://orcid.org/0000-0002-9316-0251","observed_orcids":["https://orcid.org/0000-0002-9316-0251"]},"institutions":[{"id":"https://openalex.org/I21491767","display_name":"Aix-Marseille Universit\u00e9","ror":"https://ror.org/035xkbk20","country_code":"FR","type":"education","lineage":["https://openalex.org/I21491767"]},{"id":"https://openalex.org/I4405266845","display_name":"Centre de Recherche sur le Transport et la Logistique","ror":"https://ror.org/000y1yp65","country_code":"FR","type":"facility","lineage":["https://openalex.org/I21491767","https://openalex.org/I4405266845"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Gilles Pach\u00e9","raw_affiliation_strings":["CRET-LOG, Aix-Marseille University, Aix-en-Provence, France","CRET-LOG - Centre de Recherche sur le Transport et la Logistique (413, avenue Gaston Berger F-13625 Aix-en-Provence Cedex 1 - France)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"CRET-LOG, Aix-Marseille University, Aix-en-Provence, France","institution_ids":["https://openalex.org/I21491767","https://openalex.org/I4405266845"]},{"raw_affiliation_string":"CRET-LOG - Centre de Recherche sur le Transport et la Logistique (413, avenue Gaston Berger F-13625 Aix-en-Provence Cedex 1 - France)","institution_ids":["https://openalex.org/I4405266845"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":6,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":11.907,"has_fulltext":false,"cited_by_count":89,"citation_normalized_percentile":{"value":0.98047519,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":98,"max":100},"biblio":{"volume":"11","issue":"1","first_page":"65","last_page":"98"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.00279999990016222,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/environmental-disclosure","display_name":"environmental disclosure","score":0.8830000162124634},{"id":"https://openalex.org/keywords/value-relevance","display_name":"value relevance","score":0.6990000009536743},{"id":"https://openalex.org/keywords/environmentally-sensitive-industries","display_name":"environmentally sensitive industries","score":0.9470000267028809},{"id":"https://openalex.org/keywords/assurance-levels","display_name":"assurance levels","score":0.7490000128746033},{"id":"https://openalex.org/keywords/assurance-providers","display_name":"assurance providers","score":0.8939999938011169},{"id":"https://openalex.org/keywords/market-value","display_name":"market value","score":0.6389999985694885}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7046168446540833},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6176004409790039},{"id":"https://openalex.org/C2778012447","wikidata":"https://www.wikidata.org/wiki/Q1034415","display_name":"Scope (computer science)","level":2,"score":0.5511819124221802},{"id":"https://openalex.org/C106436119","wikidata":"https://www.wikidata.org/wiki/Q836575","display_name":"Quality assurance","level":3,"score":0.5464075207710266},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5119329690933228},{"id":"https://openalex.org/C2779055846","wikidata":"https://www.wikidata.org/wiki/Q7940976","display_name":"Voluntary disclosure","level":2,"score":0.4867865741252899},{"id":"https://openalex.org/C2994197053","wikidata":"https://www.wikidata.org/wiki/Q106511942","display_name":"Environmental reporting","level":2,"score":0.47268015146255493},{"id":"https://openalex.org/C610760","wikidata":"https://www.wikidata.org/wiki/Q1340706","display_name":"Endogeneity","level":2,"score":0.45078033208847046},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.44007256627082825},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.42976099252700806},{"id":"https://openalex.org/C158154518","wikidata":"https://www.wikidata.org/wiki/Q7310970","display_name":"Relevance (law)","level":2,"score":0.4120582938194275},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.26721370220184326},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.17054709792137146},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.13027775287628174},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1108/sampj-06-2018-0158","doi":"https://doi.org/10.1108/sampj-06-2018-0158","is_oa":false,"landing_page_url":"https://doi.org/10.1108/sampj-06-2018-0158","pdf_url":null,"source":{"id":"https://openalex.org/S183939566","display_name":"Sustainability Accounting Management and Policy Journal","issn_l":"2040-8021","issn":["2040-8021","2040-803X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Sustainability Accounting, Management and Policy Journal","raw_type":"journal-article"},{"id":"pmh:oai:HAL:hal-02312400v1","doi":null,"is_oa":false,"landing_page_url":"https://hal.science/hal-02312400","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Sustainability Accounting, Management and Policy Journal, 2020, 11 (1), 65-98 p. ⟨10.1108/SAMPJ-06-2018-0158⟩","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:HAL:hal-02380562v1","doi":null,"is_oa":false,"landing_page_url":"https://hal.science/hal-02380562","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Sustainability Accounting, Management and Policy Journal, 2019, 11 (1), pp.65-98. ⟨10.1108/SAMPJ-06-2018-0158⟩","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":93,"referenced_works":["https://openalex.org/W316950563","https://openalex.org/W775698760","https://openalex.org/W1525677708","https://openalex.org/W1812349171","https://openalex.org/W1917184763","https://openalex.org/W1944094673","https://openalex.org/W1972509101","https://openalex.org/W1975686878","https://openalex.org/W1983876445","https://openalex.org/W1986978939","https://openalex.org/W1990891369","https://openalex.org/W2008047669","https://openalex.org/W2019742497","https://openalex.org/W2021573376","https://openalex.org/W2027485008","https://openalex.org/W2028995298","https://openalex.org/W2032840760","https://openalex.org/W2033135632","https://openalex.org/W2044757591","https://openalex.org/W2050984758","https://openalex.org/W2052802022","https://openalex.org/W2055013323","https://openalex.org/W2056044739","https://openalex.org/W2056225081","https://openalex.org/W2057897933","https://openalex.org/W2060443474","https://openalex.org/W2062281262","https://openalex.org/W2069664554","https://openalex.org/W2074492816","https://openalex.org/W2075368505","https://openalex.org/W2075427888","https://openalex.org/W2078386440","https://openalex.org/W2078999914","https://openalex.org/W2079925860","https://openalex.org/W2082835445","https://openalex.org/W2096167588","https://openalex.org/W2096766070","https://openalex.org/W2099304543","https://openalex.org/W2106825816","https://openalex.org/W2111058671","https://openalex.org/W2115145071","https://openalex.org/W2116023696","https://openalex.org/W2128973417","https://openalex.org/W2135145546","https://openalex.org/W2144357229","https://openalex.org/W2146048539","https://openalex.org/W2150291618","https://openalex.org/W2156220499","https://openalex.org/W2156536580","https://openalex.org/W2183801748","https://openalex.org/W2196182302","https://openalex.org/W2217511197","https://openalex.org/W2286138398","https://openalex.org/W2303411778","https://openalex.org/W2339398872","https://openalex.org/W2339760600","https://openalex.org/W2344226901","https://openalex.org/W2462517167","https://openalex.org/W2492227863","https://openalex.org/W2520853076","https://openalex.org/W2564902343","https://openalex.org/W2576074514","https://openalex.org/W2589029039","https://openalex.org/W2605828612","https://openalex.org/W2625845766","https://openalex.org/W2734364342","https://openalex.org/W2737460398","https://openalex.org/W2748645569","https://openalex.org/W2758972923","https://openalex.org/W2781689908","https://openalex.org/W2785165233","https://openalex.org/W2785909995","https://openalex.org/W2790319550","https://openalex.org/W2791449420","https://openalex.org/W2792090515","https://openalex.org/W2884548892","https://openalex.org/W2893979329","https://openalex.org/W2894962211","https://openalex.org/W2898655748","https://openalex.org/W2902733414","https://openalex.org/W2906883483","https://openalex.org/W2913187931","https://openalex.org/W2972039004","https://openalex.org/W3121247709","https://openalex.org/W3121403162","https://openalex.org/W3122107863","https://openalex.org/W3122837089","https://openalex.org/W3124313140","https://openalex.org/W3124548926","https://openalex.org/W3124830097","https://openalex.org/W3125170781","https://openalex.org/W3125331316","https://openalex.org/W4252413120"],"related_works":["https://openalex.org/W2344226901","https://openalex.org/W3030329129","https://openalex.org/W2060443474","https://openalex.org/W2560714339","https://openalex.org/W7210270914","https://openalex.org/W2086614635","https://openalex.org/W2994031032","https://openalex.org/W2789143098","https://openalex.org/W3011502689","https://openalex.org/W1976761708"],"abstract_inverted_index":{"Purpose":[0],"This":[1],"paper":[2],"aims":[3],"to":[4,140,188,206,218],"investigate":[5],"whether":[6],"providing":[7,111],"voluntary":[8,12,189,270],"external":[9],"assurance":[10,37,45,101,116,124,214,271],"on":[11,78,264,275],"environmental":[13,54,94,131,153,190,219,255],"information":[14,191],"by":[15,56,96,158,193,273,294],"firms":[16,98,163],"operating":[17,195],"in":[18,25,87,104,196,210],"environmentally":[19],"sensitive":[20],"industries":[21],"(ESI)":[22],"is":[23,138,155],"relevant":[24],"terms":[26,105],"of":[27,36,41,44,48,53,72,83,106,115,130,133,152,169,179,213,230,254,269],"market":[28,107,159,184,267],"value.":[29,108],"It":[30,198],"also":[31,199],"examines":[32],"how":[33],"various":[34],"characteristics":[35,208],"statements":[38],"(i.e.":[39],"level":[40,151,168],"assurance,":[42],"scope":[43,114],"and":[46,80,99,117,236,251],"provider":[47,125],"assurance)":[49],"affect":[50],"the":[51,62,65,68,88,123,127,134,142,180,203,211,227,231,234,240,261,265,276,295],"value-relevance":[52],"disclosure":[55,95,154],"ESI":[57,97,145,162],"firms.":[58,146],"Design/methodology/approach":[59],"To":[60],"mitigate":[61],"endogeneity":[63],"problem,":[64],"authors":[66],"use":[67],"two-step":[69],"generalized":[70],"method":[71],"moments":[73],"estimation":[74],"approach.":[75],"Findings":[76],"Focusing":[77],"annual":[79],"social":[81],"reports":[82],"French":[84,277],"companies":[85,194],"listed":[86],"SBF120":[89],"index,":[90],"results":[91],"show":[92],"that":[93,164,226,289],"its":[100,237],"are":[102],"destructive":[103],"Moreover,":[109],"while":[110],"a":[112,119,149,166,176,285],"broader":[113],"having":[118],"professional":[120],"accountant":[121],"as":[122,284],"enhance":[126],"value":[128,187,204,241,247],"relevance":[129],"reporting":[132],"whole":[135],"sample,":[136],"this":[137],"unlikely":[139],"be":[141,282],"case":[143],"for":[144,161],"In":[147],"particular,":[148],"higher":[150,167],"financially":[156],"rewarded":[157],"participants":[160,185],"provide":[165,246],"assurance.":[170,244],"Practical":[171],"implications":[172,222],"The":[173,223,258],"study":[174,224,259],"provides":[175,200],"better":[177],"understanding":[178],"circumstances":[181],"under":[182],"which":[183],"assign":[186],"disclosed":[192],"ESI.":[197],"insights":[201,248],"into":[202],"added":[205],"different":[207],"inherent":[209],"quality":[212],"provided":[215],"with":[216],"regard":[217],"disclosure.":[220],"Social":[221],"indicates":[225],"institutional":[228,287],"context":[229,288],"relationship":[232],"between":[233],"firm":[235],"shareholders":[238],"influence":[239],"obtained":[242],"from":[243],"Results":[245],"regarding":[249],"cultural":[250],"legal":[252,278],"dimensions":[253],"reporting.":[256],"Originality/value":[257],"extends":[260],"prior":[262],"literature":[263],"capital":[266],"benefits":[268],"practices":[272],"focusing":[274],"environment.":[279],"France":[280],"can":[281],"considered":[283],"new":[286],"has":[290],"been":[291],"little":[292],"addressed":[293],"existing":[296],"literature.":[297]},"counts_by_year":[{"year":2026,"cited_by_count":8},{"year":2025,"cited_by_count":13},{"year":2024,"cited_by_count":19},{"year":2023,"cited_by_count":18},{"year":2022,"cited_by_count":16},{"year":2021,"cited_by_count":7},{"year":2020,"cited_by_count":8}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2019-08-13T00:00:00"}