Environmental information usefulness to stakeholders: empirical evidence from Malaysia
Purpose: The present study aims to examine the effect of environmental information on fund managers’ investment and bank officers’ lending decisions. Specifically, it looks at the effect of qualitative and quantitative forms of environmental information to their decisions. Design/methodology/approac...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Emerald Group Publishing
2014
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| Online Access: | http://psasir.upm.edu.my/id/eprint/37479/ http://psasir.upm.edu.my/id/eprint/37479/1/Environmental%20information%20usefulness%20to%20stakeholders%20empirical%20evidence%20from%20Malaysia.pdf |
| _version_ | 1848848618752049152 |
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| author | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli |
| author_facet | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli |
| author_sort | Mohd Said, Ridzwana |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Purpose: The present study aims to examine the effect of environmental information on fund managers’ investment and bank officers’ lending decisions. Specifically, it looks at the effect of qualitative and quantitative forms of environmental information to their decisions. Design/methodology/approach: Drawing from the normative pressure of institutional theory, the study seeks to identify the extent to which education and professional networks influence investment and lending decisions of fund managers and bank officers. A laboratory experiment was used to collect the data. Twenty-three subjects volunteered in each experimental group, totalling 69 responses from fund managers and bank officers. The subjects were Master of Administration (MBA) students in universities located in Selangor and Kuala Lumpur, Malaysia, to proxy for real practitioners. Findings: The results reveal that fund managers and bank officers do not incorporate environmental information in their investment and lending decisions. Thus, the normative pressure of institutional theory is supported. Research limitations/implications: Acknowledging the limitations of data generalisability using student surrogates, future research utilising real practitioners is proposed. Practical implications: Recognising the importance of environmental information to be incorporated in investment and lending decisions of these major stakeholders, the results suggest universities, professional bodies and companies need to raise awareness concerning the importance and relevance of environmental information in various decisions. Originality/value: The study offers some preliminary insights into the use of environmental information by fund managers and bank officers in Malaysia. |
| first_indexed | 2025-11-15T09:37:22Z |
| format | Article |
| id | upm-37479 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:37:22Z |
| publishDate | 2014 |
| publisher | Emerald Group Publishing |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-374792015-12-15T03:48:54Z http://psasir.upm.edu.my/id/eprint/37479/ Environmental information usefulness to stakeholders: empirical evidence from Malaysia Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli Purpose: The present study aims to examine the effect of environmental information on fund managers’ investment and bank officers’ lending decisions. Specifically, it looks at the effect of qualitative and quantitative forms of environmental information to their decisions. Design/methodology/approach: Drawing from the normative pressure of institutional theory, the study seeks to identify the extent to which education and professional networks influence investment and lending decisions of fund managers and bank officers. A laboratory experiment was used to collect the data. Twenty-three subjects volunteered in each experimental group, totalling 69 responses from fund managers and bank officers. The subjects were Master of Administration (MBA) students in universities located in Selangor and Kuala Lumpur, Malaysia, to proxy for real practitioners. Findings: The results reveal that fund managers and bank officers do not incorporate environmental information in their investment and lending decisions. Thus, the normative pressure of institutional theory is supported. Research limitations/implications: Acknowledging the limitations of data generalisability using student surrogates, future research utilising real practitioners is proposed. Practical implications: Recognising the importance of environmental information to be incorporated in investment and lending decisions of these major stakeholders, the results suggest universities, professional bodies and companies need to raise awareness concerning the importance and relevance of environmental information in various decisions. Originality/value: The study offers some preliminary insights into the use of environmental information by fund managers and bank officers in Malaysia. Emerald Group Publishing 2014 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/37479/1/Environmental%20information%20usefulness%20to%20stakeholders%20empirical%20evidence%20from%20Malaysia.pdf Mohd Said, Ridzwana and Sulaiman, Maliah and Nik Ahmad, Nik Nazli (2014) Environmental information usefulness to stakeholders: empirical evidence from Malaysia. Social Responsibility Journal, 10 (2). pp. 348-363. ISSN 1747-1117; ESSN: 1758-857X http://www.emeraldinsight.com/doi/abs/10.1108/SRJ-10-2012-0131 10.1108/SRJ-10-2012-0131 |
| spellingShingle | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title | Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title_full | Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title_fullStr | Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title_full_unstemmed | Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title_short | Environmental information usefulness to stakeholders: empirical evidence from Malaysia |
| title_sort | environmental information usefulness to stakeholders: empirical evidence from malaysia |
| url | http://psasir.upm.edu.my/id/eprint/37479/ http://psasir.upm.edu.my/id/eprint/37479/ http://psasir.upm.edu.my/id/eprint/37479/ http://psasir.upm.edu.my/id/eprint/37479/1/Environmental%20information%20usefulness%20to%20stakeholders%20empirical%20evidence%20from%20Malaysia.pdf |