Concealing social responsibility? Investigating the relationship between CSR, earnings management and the effect of industry through quantitative analysis

International Journal of Corporate Social Responsibility

Table 3 Classification of industries

Sectors	SIC codes
High environmental impact
Agriculture, Forestry, Fishing	01–09
Mining	10–14
Construction	15–17
Manufacturing	20–39
Transportation & Public utilities	40–49
Low environmental impact
Telecommunication	48
Wholesale trade	50–51
Retail trade	52–59
Financials, Insurance, Real Estate	60–67
Services	70–89
Public administration	91–99