Skip to main content

Table 3 Classification of industries

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

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