scholarly journals Sustainable development in accounting

2021 ◽  
pp. 125-134
Author(s):  
Marzena Remlein
Keyword(s):  
Sustainable Development ◽  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Reporting ◽  
Financial Information ◽  
Accounting Systems ◽  
Nonfinancial Information ◽  
Voluntary Standards ◽  
Corporate Social

The purpose of this chapter is to present and discuss the essence and importance of accounting in the concept of sustainable development. Considerations are particularly focused on reporting CSR issues. The growing importance of the idea of sustainable development and the concept of Corporate Social Responsibility that arose on its basis, gave rise to the need for accounting systems to develop solutions enabling the provision of information on the methods and results of implementing these concepts in entities operating on the market. The interest in accounting with regard to the area of sustainable development has contributed to the development of vocabulary related to measurement, calculation, disclosure, reporting and verification of information on the activities of units for sustainable development. Reporting on Corporate Social Responsibility (CSR) is still largely voluntary and non-standardised. However, there are various international organisations that develop frameworks and voluntary standards for non-financial reporting, the so-called Social Reporting Standards. The most important EU legislative initiative in the field of disclosure concerning environmental, social and corporate governance information is Directive 2014/95/EU of the European Parliament and Council from 22 October 2014 amending Directive 2013/34/EU as regards disclosure of non-financial and diversity in formation by certain large undertakings and groups. The combination of financial information (financial statements) with non-financial information relating to the environment, society and corporate governance is included in the integrated report. In Poland, the requirement to present non-financial information related to CSR was introduced by the Accounting Act. Polish companies should prepare a separate report—“Statement on nonfinancial information”. In 2017, the Polish Standard of Non-Financial Information (SIN, 2017) was published to help enterprises fulfil their obligations under the EU Directive.

scholarly journals Market Responsiveness to Corporate Social Responsibility

2019 ◽  
Vol 8 (4) ◽  
pp. 114
Author(s):  
Zev Fried
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Reporting ◽  
Perceived Quality ◽  
Financial Information ◽  
Factors Affecting ◽  
Earnings Response Coefficients ◽  
Corporate Social ◽  
The Impact

Market reaction to surprises in earnings announcements has long been used to measure the quality of the information content of the announcement, and studies have explored various factors affecting the response. This study adds to this body of research by factoring in the level of corporate social responsibility (CSR) exhibited by the firm and employs a relatively new measure of a company’s level of CSR, rankings published by JUST Capital. I hypothesize that financial information reported by higher ranked companies is weighed more heavily by investors than those reported by non-ranked or lower-ranked companies. Using earnings response coefficients as a measure of the perceived quality of the financial information reported by the firms, my results provide direct support of the hypothesis, indicating that the market reacts more strongly to earnings surprises for firms with high JUST rankings than for unranked firms or firms with lower rankings. This result contributes new insights into the impact of a firm’s CSR in terms of the perceived quality of a firm’s financial reporting.

scholarly journals PENGARUH CORPORATE GOVERNANCE, PROFITABILITAS, LEVERAGE,DAN UKURAN PERUSAHAAN TERHADAP PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY PADA PERUSAHAAN INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BEI

2019 ◽  
pp. 139-164
Author(s):  
Afni Eliana Saragih ◽  
Yan Christin Br. Sembiring
Keyword(s):  
Sustainable Development ◽  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Social

Aktivitas utama perusahaan manufaktur adalah mengolah bahan baku menjadi barang jadi. Sisa hasil produksi atau yang sering disebut limbah dapat menyebabkan polusi air, tanah, maupun udara. Hal ini menuntut adanya tanggung jawab sosial perusahaan disebutCorporate Social Responsibility (CSR) terhadap masyarakat maupun pemerintah.Defenisi CSRmenurut World Bisnis Council for Sustainable Development (WBCD) merupakan suatu komitmen berkelanjutan oleh perusahaan untuk bertindak etis dan memberikan kontribusi kepada pengembangan ekonomi dari pihak internal ataupun masyarakat luas, bersamaan dengan peningkatan taraf hidup pekerjanya beserta seluruh keluarga.Pada banyak kasus, tanggung jawab sosial tersebut belum ditaati perusahaan secara benar dan normal. Hasil evaluasi efek sosial ditemukan bahwa banyak konflik dan masalah yang ditinggalkan oleh sisa hasil produksi perusahaan. Tujuan penelitian ini adalah untuk menganalisis pengaruh corporate governance,profitabilitas dan ukuran perusahaan terhadap pengungkapan CSR. Penelitian ini dilakukan pada Perusahaan Kimia dan Industri Dasar yang terdaftar di Bursa Efek Indonesia. Tahapan penelitian dimulai dengan mengumpulkan data yang dibutuhkan, selanjutnya akan dianalisis dengan menggunakan metode Analisis Regresi Linier Berganda. Hasil penelitian menunjukkan bahwa corporate governance, profitabilitas dan ukuran perusahaan tidak berpengaruh terhadap pengungkapan CSRbaik secara simultan maupun secara parsial. Penelitian selanjutnya dapat diperluas dengan menganalisis faktor-faktor lain yang mempengaruhi CSR, atau menganalisis item CSR tertentu yang paling banyak diungkapkan oleh perusahaan.

scholarly journals Editorial: Corporate governance and regulation is getting ready for the 2020s

2020 ◽  
Vol 8 (4) ◽  
pp. 4-6
Author(s):  
Udo Braendle
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
Financial Reporting ◽  
Valuation Methods ◽  
Corporate Social

The latest 2019 Issue 4 of Volume 8 is devoted to interesting topics in the field of governance as well as regulation that will be very relevant for 2020 and beyond: financial reporting, the multi-factor partitioning model, corporate governance in Middle East and Africa, valuation methods, impact finance, Corporate Social Responsibility and Green Bonds

scholarly journals CORPORATE SOCIAL RESPONSIBILITY DAN AGRESIVITAS PELAPORAN KEUANGAN TERHADAP AGRESIVITAS PAJAK DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI PEMODERASI (Studi pada Perusahaan Manufaktur di Bursa Efek Indonesia)

2017 ◽  
Vol 2 (1) ◽  
Author(s):  
Vina Yunistiyani ◽  
Afrizal Tahar
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Reporting ◽  
Audit Committee ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Good Corporate Governance ◽  
Corporate Social

ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh corporate social responsibility dan agresivitas pelaporan keuangan terhadap agresivitas pajak dengan good corporate governance sebagai variabel pemoderasi. Variabel Good Corporate Governance yang digunakan pada penelitian ini diproksikan dengan proporsi komisaris independen dan komite audit. Penelitian ini berfokus pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia tahun 20142015. Metode sampling yang digunakan adalah purposive sampling dengan sampel dari 64 perusahaan selama periode pengamatan 2 tahun berturut-turut, sehingga menghasilkan 128 sampel. Teknik analisis yang digunakan untuk pengujian adalah regresi linier berganda berbantuan aplikasi statistika SPSS 22.0. Hasil penelitian menunjukkan bahwa corporate social responsibility dan agresivitas pelaporan keuangan berpengaruh positif terhadap agresivitas pajak. Sementara itu, proporsi komisaris independen dan komite audit tidak berpengaruh dalam memoderasi hubungan agresivitas pelaporan keuangan dengan agresivitas pajak.Kata kunci: corporate social responsibility; agresivitas pelaporan keuangan; agresivitas pajak; komisaris independen; komite audit ABSTRACT This study aimed to examine the effect corporate social responsibility and financial reporting aggressiveness towards tax aggressiveness with good corporate governance as moderating variable. Good corporate governance which is proxied by board of independence commissioner proportion and audit committee. This study are focusing on manufacturing companies listed in Indonesia Stock Exchange in the period 2014-2015. The sampling method used was purposive sampling with a sample of 64 companies during the observation period of 2 years in a row so as to produce a total of 128 samples. Analysis technique used was multiple regression analysis by SPSS 22.0. The result reveal corporate social responsibility and financial reporting aggresiveness degree of tax aggresiveness. Board of independence commissioners and audit committee as the moderating variable have no influence between financial reporting aggresiveness and tax aggresiveness. Keywords: corporate social responsibility, financial reporting aggresiveness, tax aggresiveness, board of independence commissioner, audit committee 

scholarly journals Social responsibility reporting standards

2021 ◽  
pp. 27-43
Author(s):  
Ana Rep ◽  
Nikolina Dečman
Keyword(s):  
Social Responsibility ◽  
Financial Reporting ◽  
Public Interest ◽  
Sustainability Reporting ◽  
Financial Information ◽  
Csr Reporting ◽  
Voluntary Standards ◽  
Sustain Ability ◽  
Corporate Social

It is well known that today, in addition to already established financial reporting, multi-national companies are paying more and more attention to non-financial reporting on social, eco-nomic, environmental and governmental issues. Corporate Social Responsibility (CSR) reporting is still predominantly voluntary, and it is not standardized. However, there are various international organizations which have been developing frameworks and voluntary standards for non-financial reporting. Those organizations have been putting a sizable amount of effort, time, and knowledge in order to offer some specific solutions to interested organizations preparing CSR reports. Pro-posed standards, guidelines, and frameworks serve as tools for simplifying CSR reporting. In that sense, the most important providers of sustainability reporting guidance, such as GRI, OECD, United Nations Global Compact, International Organization for Standardization, certainly stand out. A significant contribution to promoting the importance of sustainability reporting was also made by the Non-Financial Reporting Directive (2014/95/EU) which obliged large public interest companies with over 500 employees to disclose certain non-financial information. According to the analysis of the content and scope of the most important frameworks and standards of sustain-ability reporting, it can be confirmed that they have certainly contributed to improving the quality of non-financial reporting.

CSR and corporate governance in Austria

2008 ◽  
Vol 14 (1) ◽  
pp. 77-92
Author(s):  
Eva Angerler ◽  
Barbara Liegl
Keyword(s):  
Sustainable Development ◽  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Political Discourse ◽  
Significant Degree ◽  
The Political ◽  
Social Partner ◽  
Corporate Social

This article deals with the political discourse on corporate social responsibility in Austria and presents two organisations that represent social partner organisations and NGOs promoting CSR, although they focus on different topics and elements of CSR. Standardisation, transparency and credibility are important aspects in a broad range of CSR initiatives. Codes of corporate governance are cited as an example of the problems faced when introducing voluntary instruments in the CSR context. Although many different organisations are participating in the CSR debate and have launched various initiatives, companies have not implemented holistic CSR measures aiming at sustainable development to a significant degree.

Effect of target-and-incentive-consistency of unexpected positive earnings news on investors’ responses to corporate social responsibility performance

2019 ◽  
Vol 31 (1) ◽  
pp. 63-83 ◽  
Author(s):  
Lei Wang
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Investment Strategy ◽  
Financial Information ◽  
Information Support ◽  
Policy Makers ◽  
Content Type ◽  
Nonfinancial Information ◽  
Pricing Decisions ◽  
Corporate Social

Purpose This study examines the effect of target-and-incentive-consistency of unexpected positive earnings news on investors’ use of corporate social responsibility (CSR) performance information in their pricing decisions. Design/methodology/approach A 2 × 2 full factorial between-participants experiment is conducted. Findings Target-and-incentive-consistency of unexpected positive earnings news moderates the effect of CSR performance on investors’ pricing decisions. Research limitations/implications Its findings shed insights on investors’ use of a mix of CSR, financial and governance information, support the financial information elasticity effect and add to the effect of financial information on investors’ use of nonfinancial information. Practical implications The effect of inelastic financial information in mitigating the CSR information effect can benefit investors who do not plan to use a CSR investment strategy. Knowledge of investors’ conditional use of CSR information can benefit firm managers and policy makers. Originality/value Its findings support a heretofore unexamined theoretical underpinning for the effect of financial information on investors’ use of nonfinancial information.

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