scholarly journals Further Thoughts on Mega-Accounting and the Need for Standards

2008 ◽  
Vol 2 (2) ◽  
pp. 158 ◽  
Author(s):  
M. R. Mathews
Keyword(s):  
Conceptual Framework ◽  
Business Case ◽  
Environmental Accounting ◽  
Bottom Line ◽  
Economic Dimension ◽  
Research Perspective ◽  
The Social ◽  
Social Environmental ◽  
Accounting Reports ◽  
Comprehensive Framework

This paper continues previous research (Mathews 1984, 1997b, 2000a, 2000b, 2003) into developing a proposal for a system of comprehensive<br />reporting based on a concept called megaaccounting. The ideas in mega- accounting are similar to those behind GRI (2002) and triple bottom line (TBL) reporting (Elkington 1997), but with a different underlying  philosophy, a social contract approach compared to one based on organisational legitimacy or the need for management to drive sustainability and sustainable capitalism which is sometimes called ‗the<br />business case‘. The paper attempts to develop the concept of mega- accounting by identifying the purpose underlying the reports, identifying the basis of a conceptual framework and providing an indication<br />of the content that social and environmental accounting reports may include in the future. Of necessity the research perspective is normative<br />and deductive, as is much of the process of developing accounting standards, the model upon which it is argued social and environmental<br />accounting should be based. The paper concludes by reiterating that the way forward for social and environmental accounting and reporting is for a conceptual framework to be agreed and standards developed via a normative-pragmatic process that will provide the basis for comprehensive, audited, corporate reports encompassing the social, environmental and economic dimension.  Furthermore, additional work is needed on the areas of macro-social accounting and externalities in order to develop a comprehensive framework.<br /><br />

scholarly journals Transformative service research: a conceptual framework based on consumer's perspective

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Veronica Ungaro ◽  
Laura Di Pietro ◽  
Maria Francesca Renzi ◽  
Roberta Guglielmetti Mugion ◽  
Maria Giovina Pasca
Keyword(s):  
Conceptual Framework ◽  
Well Being ◽  
Service Research ◽  
Future Research ◽  
Bottom Line ◽  
Content Type ◽  
Consumer Perspective ◽  
Social Environmental ◽  
The Relationship ◽  
Depth Interviews

PurposeThis study aims to investigate the consumer's perspective regarding the relationship between services and well-being, contributing to the knowledge base in transformative service research (TSR). More specifically the aim was to understand consumers' perceptions of the relationship between services and well-being and their views about how companies can contribute (directly and/or indirectly) to achieve the well-being.Design/methodology/approachTo reach the research aim, the study adopts an explorative inductive design, carried out through a qualitative approach and grounded in 30 in-depth interviews with consumers.FindingsService sustainability represents the fundamental characteristic that determines the service ability to be transformative, requiring the implementation of the triple bottom line dimensions: social, environmental and economic. It emerged that, in the consumer's mind, the service categories that present a stronger relationship between service and well-being are as follows: healthcare, financial and transport.Originality/valueThe paper proposes a conceptual framework to describe the consumer perspective of the services' transformative role in promoting well-being, providing a theoretical lens for conducting future research and continuing to expand transformative service research (TSR).

scholarly journals Addressing sustainable food management in hotels: proposing a framework and examining hotel groups

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
María Eugenia Ruiz Molina ◽  
Sergio Belda-Miquel ◽  
Anni Hytti ◽  
Irene Gil-Saura
Keyword(s):  
Food Supply ◽  
Sustainability Assessment ◽  
Corporate Sustainability ◽  
Sustainable Food ◽  
Content Type ◽  
Food Supply Chains ◽  
Food Management ◽  
The Social ◽  
Social Environmental ◽  
Comprehensive Framework

Purpose Sustainable food practices have been recognised as a key issue in efforts to improve and report sustainable tourism practices, given the importance of the social, environmental and economic impacts of the food industry throughout its entire chain of production – from farm to fork. From this standpoint, the aim of the present paper is to propose a comprehensive framework for reporting or making decisions concerning sustainable food management in hotels, taking into account the various facets of the food supply chain.Design/methodology/approach Several dimensions are proposed for dealing with sustainable food management, involving all aspects of food supply chains that may be relevant for hotel decision-making. Furthermore, some key criteria for creating and using indicators of different types (qualitative and quantitative) to address these various dimensions of sustainable food management are suggested. Subsequently, the proposed framework is validated with the sustainability criteria and indicators provided by the top eight hotel groups, according to the 2019 SAM Annual Corporate Sustainability Assessment.Findings Hotels neglect a number of aspects of sustainable food management identified in the framework. The quality and the quantity of the information provided by hotels are limited.Practical implications There is a need to improve sustainability in food management in the hotels under analysis in several areas. A comprehensive framework such as that proposed in this paper may be of great value in seeking to remedy this situation. It may also assist users of hotel services and communities in making more informed decisions.Originality/value The proposed framework may be beneficial in advancing academic debate towards a more embracing and relevant understanding of sustainable food management in hotels and on the indicators required in this regard.

The Social, Economic, and Environmental Dimensions of Hotel Sustainability

2020 ◽  
pp. 187-204
Author(s):  
Jorge Julião ◽  
Marcelo Calvete Gaspar ◽  
Benny Tjahjono
Keyword(s):  
Corporate Social Responsibility ◽  
Focal Point ◽  
Social Sustainability ◽  
Economic Aspects ◽  
Bottom Line ◽  
The Social ◽  
The World ◽  
Sustainability Initiatives ◽  
Social Environmental ◽  
Corporate Social

Hotel sustainability has become a focal point for companies all around the world with a dual focus on attracting customers to their business and capitalizing from sustainability measures and practices. Such sustainability initiatives allow for increasing economic efficiency and reducing energetic and environmental impacts. Based on the triple bottom line, social sustainability is also key to promote and implement efficient corporate social responsibility practices. This study reports on a survey carried out to address the customers perceptions regarding the influence of sustainability on their choice of hotel. This survey was conducted in Oporto city (Portugal) to domestic and foreign tourists in 2018/2019 with a valid sample size of more than 370 respondents. This research concludes that, even though customers show to be sensitive to social, environmental, and economic aspects, these issues do not exhibit a significant influence on their hotel selection based only on sustainability claims.

Engagement research in social and environmental accounting

2015 ◽  
Vol 6 (1) ◽  
pp. 5-28 ◽  
Author(s):  
Carmen Correa ◽  
Carlos Larrinaga
Keyword(s):  
Design Methodology ◽  
Environmental Accounting ◽  
Methodological Issues ◽  
Organizational Fields ◽  
Content Type ◽  
Research Engagement ◽  
The Social ◽  
Social Environmental ◽  
Cross Fertilization ◽  
Research Studies

Purpose – The purpose of this paper is to consider the potential of engagement research by exploring the literature on engagement research. Engagement research in social and environmental accounting (SEA) aims to enhance the social, environmental and ethical accountability of organizations and conceives that understanding SEA demands engaging with the (social and organizational) fields in which SEA is envisaged and practiced. Design/methodology/approach – In this respect, the paper suggests a dialogue between the expectations about engagement research and what has been delivered in the literature. This paper reviews 32 articles publishing engagement research studies to explore the methodology of engagement research. Findings – The paper concludes that this methodology is consistent with notions of research in the context of application and extended peer-review communities. Further, this study shows a promising cross-fertilization between interpretive insight and critical enlightenment in engagement research. The paper also explores in more depth three methodological issues: what is specific about engagement research, particularly compared to stakeholder engagement; that the decision about the locus of engagement research does not seem to be driven by the characteristics of organizations, but by the potential insight and enlightenment that the empirical setting can yield; and, finally, that engagement research requires more space for reflexivity. Originality/value – This paper provides a reference for the methodological design of engagement research studies.

scholarly journals Triple Bottom Line and Sustainability: A Literature Review

2015 ◽  
Vol 1 (2) ◽  
pp. 6 ◽  
Author(s):  
Hanan Alhaddi
Keyword(s):  
Literature Review ◽  
Relevant Literature ◽  
Business Management ◽  
Triple Bottom Line ◽  
The Other ◽  
Bottom Line ◽  
Comprehensive Review ◽  
Other Hand ◽  
The Social ◽  
Social Environmental

Triple bottom line (TBL) and sustainability are two related constructs that are used interchangeably in the literature.  A comprehensive review of the relevant literature was conducted and revealed an inconsistent use of the term sustainability.  On the other hand, consistency in terms of referring to the three lines simultaneously is built into the structure of TBL as the construct is explicitly based on the integration of the social, environmental, and economic lines.  The purpose of this paper is not to support an argument that favors the use of one term over the other, but to provide an overview of the presence of both terms in the literature. In light of that, researchers in the business, management, and sustainability fields are encouraged to pay particular attention to how they use these terms in their studies.

scholarly journals Circle bottom line: mengkonstruksi akuntansi sosial-lingkungan dalam bingkai spiritualitas

2020 ◽  
Vol 5 (1) ◽  
pp. 17-24
Author(s):  
Febrina Nur Ramadhani ◽  
Dessy Ekaviana
Keyword(s):  
Environmental Accounting ◽  
Three Dimensions ◽  
Triple P ◽  
Bottom Line ◽  
Social Environmental ◽  
Relationship Of

Abstrak Tulisan ini mencoba untuk menyempurnakan konsep triple bottem line dengan menyusun kembali relasi antara dimensi   triple P dan spiritualitas, yang kemudian dinamakan circle bottom line. Circle bottom line mencakup tiga dimensi yakni people (sosial), planet (lingkungan), profit (ekonomi) yang dilandasi dimensi spiritualitas dalam pengukurannya. Dimensi spiritualitas yang digunakan yakni spirit religius. Dalam hal ini adalah konsep Eco-Theology Islam yang mencakup tiga prinsip, yakni tawhīd (kesatuan seluruh makhluk), amānah-khalīfah (kejujuran-kepemimpinan), dan ākhirah (tanggung jawab). Relasi antar dimensi circle bottom line yang berbasis prinsip-prinsip Islam pada Eco-Theology Islam kemudian dijadikan sebagai dasar penerapan akuntansi sosial-lingkungan. Abstract This paper tries to refine triple bottem line concept by rearranging the relations between triple P dimensions and spirituality, which is then called circle bottom line. Circle bottom line includes three dimensions, namely people (social), planet (environment), profit (economy) based on the dimensions of spirituality in measurement. The dimension of spirituality used is religious spirit. In this case the concept of Eco-Theology of Islam includes three principles, namely tawhīd (unity of all beings), amānah-khalīfah (honesty-leadership), and ākhirah (responsibility). The inter-dimensional relationship of circle bottom line based on Islamic principles in the Eco-Theology of Islam is then used as the basis for the application of social-environmental accounting.

Developing a comprehensive business case for sustainability: an inductive study

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Neetu Yadav ◽  
Nandakumar Mankavil Kovil Veettil
Keyword(s):  
Competitive Advantage ◽  
Conceptual Framework ◽  
Management Practices ◽  
Business Case ◽  
Content Type ◽  
Success Stories ◽  
Sustainability Strategies ◽  
Sustainable Value ◽  
Sustainability Initiatives ◽  
Comprehensive Framework

Purpose In this paper, the authors argue that there is a flip side to the business-and-sustainability relationship, which deals with how sustainability affects management practices. The so-called first-class leading companies in sustainability have put sustainability at the centre of strategic planning and defined their business case for sustainability. This paper aims to analyse these companies on sustainability imperatives and propose a comprehensive framework for developing a business case for sustainability. Design/methodology/approach This paper investigates the sustainability strategies and initiatives of six leading global firms (Nike, Unilever, Siemens AG, General Electric, Interface and Walmart). It provides insights into how leading firms have developed a comprehensive business case for their sustainability initiatives and are enjoying a competitive advantage. The inductive approach, using the case method and interpretive structural modelling, is used to propose a comprehensive framework for defining the business case for sustainability that might help other organisations do well by doing good and create sustainable value. Findings The success stories of the chosen organisations reaffirm that there is a business case for sustainability initiatives and efforts, as companies derive long-term benefits and also enjoy a competitive advantage. Other firms, which are yet to pave their paths towards sustainability, have a lot to learn from these successes. Practical implications The conceptual framework proposed in this paper will be very useful for organisations that are still on the path to establishing a business case for sustainability as there is a lot to learn from the first-class companies practising sustainability and learn from their reflection and experience. Originality/value The study in this paper contributes to the existing knowledge base by presenting a comprehensive list of sustainability imperatives that helps an organisation define the business case for sustainability and proposes a conceptual framework in this direction.

scholarly journals BRAZILIAN ECOVILLAGES AND IBGE SUSTAINABLE DEVELOPMENT INDICATORS: A COMPARATIVE ANALYSIS

2017 ◽  
Vol 20 (1) ◽  
pp. 223-238
Author(s):  
GABRIELA BELLEZE ◽  
MARCOS EDUARDO CORDEIRO BERNARDES ◽  
CARLOS ALBERTO MÁXIMO PIMENTA ◽  
PAULO CEZAR NUNES JÚNIOR
Keyword(s):  
Sustainable Development ◽  
Social Dimension ◽  
Economic Aspects ◽  
Economic Dimension ◽  
Development Indicators ◽  
Sustainable Development Indicators ◽  
Contemporary World ◽  
The Social ◽  
Institutional Contexts ◽  
Social Environmental

Abstract Ecovillages have been highlighted among the initiatives that promote sustainable development in the contemporary world. However, little is known about their effectiveness in the economic, social, environmental, and institutional contexts, in relation to society in general. This study compared, quali-quantitatively, 11 IBGE (Brazilian Institute of Geography and Statistics) Sustainable Development Indicators (SDIs) in the country with the respective data for the participating ecovillages. Of these indicators, five were related to the environmental dimension; four others to the social dimension; and two to the economic dimension. Questionnaires were used with 52 ecovillages, with open and closed questions, resulting in 32 responses with different degrees of detail. The results suggest that ecovillages outperform those described by IBGE, for the population as a whole, in all indicators that were analyzed. However, there are still challenges to be overcome, such as the difficulty of these groups in dealing with social and economic aspects.

scholarly journals Corporate Social/Environmental Responsibility and Value Creation: Reflections on a Modern Business Management Paradigm

2020 ◽  
Vol 4 (4) ◽  
pp. 123-131
Author(s):  
Marco Taliento ◽  
Antonio Netti
Keyword(s):  
Stakeholder Theory ◽  
Value Creation ◽  
Dynamic Capabilities ◽  
Business Management ◽  
Environmental Responsibility ◽  
Bottom Line ◽  
Sustainability Disclosure ◽  
The Social ◽  
Modern Business ◽  
Social Environmental

The present article deals with a new, modern business management paradigm founded on both the social and the environmental responsibility of firms intended as powerful instruments to match the issue of sustainability with corporate performance and value creation (thus evolving from the classical shareholder value to a new, more comprehensive, shared value view). The Directive 2013/34/EU required the disclosure of large enterprises and groups’ non-financial and diversity information. At the same time, a growing number of proactive companies that behave with real initiatives more compliant to the so-called Stakeholder Theory have become quite familiar to produce CSR and sustainability reports periodically to share with the community their relevant responsibility actions and achievements (3 P results or triple-bottom-line performance, as a for-profit, people, planet). Such a complex, behavioral, and informative approach follows the corporate governance setting and management strategy within the ethical domain (business ethics). In this perspective, we conduct a systematic research study on the economic literature that showed a focus on the possible relation between the responsible behavior/information and the economic/financial performance of firms, analyzing both the empirical findings and theoretical works significantly investigating the effect of sustainability indicators on financial and market results. According to the general studies, socially responsible policies can produce a positive impact on company performance by many advantages such as the reduction of operating costs and financial risks, an increase of efficiency and competitiveness, the improvement of the company’s reputation, and a related increase in consumer confidence; despite preceding studies pointed out that CSR investments and responsibility policies (representing the result of an agency conflict between managers and shareholders) would generate just an increase in costs and a consequent decline in the performance of companies. The consideration of the ESG (environmental, social, and governance) – which completes the CSR issue – and its new goals in the long run, even as a component of the holistic enterprise risk management system, finally enables us to reinterpret the fundamental competitive advantage of firms in a sustainability key. In particular, the environmental, social, and governance extra-performance over the industry may show to be more ‘value-relevant’ than the absolute ESG ratings itself. In conclusion, the social, environmental, and governance responsibilities (to all stakeholders) are building a set of dynamic capabilities and actions which reveal a new competitive (X) Factor of the modern corporation. Keywords: CSR, Environmental-Social-Governance, Economic Performance, Value Creation; Stakeholder Theory, Sustainability Disclosure.

scholarly journals Sustainability in Fleet Management

2021 ◽  
Vol 2 (3) ◽  
pp. 13-39
Author(s):  
Erkut Akkartal ◽  
G. Yiğit Aras
Keyword(s):  
Well Being ◽  
Social Dimension ◽  
Three Dimensions ◽  
Fleet Management ◽  
Social Dimensions ◽  
Bottom Line ◽  
Economic Dimension ◽  
Road Map ◽  
The Social ◽  
Business Requirements

Purpose: This paper aims to discuss sustainability in fleet management at companies considering simultaneously the three dimensions of sustainability, which are economic, environmental, and social, corresponding to the Triple Bottom Line (TBL) approach. Approach/Methodology/Design: This paper examines the subject and employs a theory-building-descriptive design. Three key themes in the aspect of sustainability and in terms of fleet management were examined: economic, environmental, and social. Findings: In today’s world, almost every company operates vehicle fleets to perform business requirements and irrespective of the size of vehicles, these companies need to execute some certain fleet operations under the phenomenon of fleet management. Fleet management entails a transition to a more sustainable model which should try to adopt economic, environmental, social dimensions. While the economic dimension of sustainability brings about a new model called the TCM, the environmental dimension constructs a road map to greener fleets and delivers quick wins that companies can easily implement in their agendas. The social dimension concerns the well-being of people and society which seeks to find a balance between their needs and the requirements of fleet management. Practical Implications: The paper recommends a subsequent study through an empirical way that would investigate the actual sustainability behaviours and initiatives of companies present in Turkey. Originality/value: In recent years, sustainability has become an interesting topic for scholars in many areas of research. However, the literature is lacking ample studies concerning sustainability in corporate fleet management. Therefore, the main contribution and novelty of this paper is to provide companies with policy advice regarding the three pillars of sustainability for their applications to vehicle fleet management.

Sign in / Sign up

Export Citation Format

Share Document