Top ASX firms report social and environment performance by revising pastdata, study finds
by Peter Hannam economics correspondent from Environment | The Guardian on (#6FTB1)
Research finds companies more likely to revisit corporate social responsibility results when tied to CEO pay
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Australian companies are reporting better social and environment performance but many gains are generated by revising past outcomes, particularly when a chief executive's own remuneration is tied to the results, a new study has found.
The study, CSR Restatements: Mischief or Mistake?", examined 674 instances of corporate social responsibility (CSR) reporting from the Top 500 ASX-listed companies between 2004 and 2020.
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