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/app...

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Main Authors:	Mohd Said, Ridzwana, Sulaiman, Maliah, Nik Ahmad, Nik Nazli
Format:	Article
Language:	English English
Published:	Emerald Group Publishing Limited 2014
Subjects:	H Social Sciences (General)
Online Access:	http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/1/2014_SRJ_Published_in_2014.pdf http://irep.iium.edu.my/42159/4/42159_Environmental%20information_scopus.pdf

id	iium-42159
recordtype	eprints
spelling	iium-421592017-09-19T08:42:42Z http://irep.iium.edu.my/42159/ Environmental information usefulness to stakeholders: empirical evidence from Malaysia Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli H Social Sciences (General) 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. Keywords Malaysia, Laboratory experiment, Environmental information, Bank officer, Fund manager Paper type Research paper Emerald Group Publishing Limited 2014-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/42159/1/2014_SRJ_Published_in_2014.pdf application/pdf en http://irep.iium.edu.my/42159/4/42159_Environmental%20information_scopus.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 E-ISSN 1758-857X http://www.emeraldinsight.com/doi/full/10.1108/SRJ-10-2012-0131 10.1108/SRJ-10-2012-0131
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	H Social Sciences (General)
spellingShingle	H Social Sciences (General) Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli Environmental information usefulness to stakeholders: empirical evidence from Malaysia
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. Keywords Malaysia, Laboratory experiment, Environmental information, Bank officer, Fund manager Paper type Research paper
format	Article
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
title	Environmental information usefulness to stakeholders: empirical evidence from Malaysia
title_short	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_sort	environmental information usefulness to stakeholders: empirical evidence from malaysia
publisher	Emerald Group Publishing Limited
publishDate	2014
url	http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/ http://irep.iium.edu.my/42159/1/2014_SRJ_Published_in_2014.pdf http://irep.iium.edu.my/42159/4/42159_Environmental%20information_scopus.pdf
first_indexed	2023-09-18T21:00:09Z
last_indexed	2023-09-18T21:00:09Z
_version_	1777410569558556672

Environmental information usefulness to stakeholders: empirical evidence from Malaysia

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