The most common and most likely answer to this crossword clue is the 6 plus 8 letter word GOLDEN LABRADOR
I've seen this crossword clue in Financial Times
G
O
L
D
E
N
L
A
B
R
A
D
O
R
Buddy explains!
The straight part
We know that "Dog" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case dog = golden labrador.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.