scholarly journals Including Sustainable Reporting Practices in Corporate Management Reports: Assessing the Impact of Transparency on Economic Performance

2021 ◽  
Vol 13 (2) ◽  
pp. 940 ◽  
Author(s):  
Anca Băndoi ◽  
Claudiu George Bocean ◽  
Mara Del Baldo ◽  
Lucian Mandache ◽  
Leonardo Geo Mănescu ◽  
...  
Keyword(s):  
Economic Performance ◽  
Management Practices ◽  
Environmental Issues ◽  
Corporate Management ◽  
Economic Data ◽  
Integrated Reporting ◽  
Reporting Practices ◽  
Sustainability Reports ◽  
Process Compatibility ◽  
The Impact

In terms of sustainability, traditional disclosure does not provide the necessary information to all stakeholders, mainly addressing the company’s shareholders’ expectations. As a result, organisations need to disclose more non-financial information, which implies social and environmental issues. Many organisations currently provide sustainability reports in addition to the annual management reports containing financial and economic data. Several studies have focused on adopting practices and tools in the sustainability area and their overlap with traditional managerial techniques and tools. Nevertheless, integration involves a harmonising process, compatibility and alignment between different management practices. This study aims to assess the impact that the inclusion of sustainable reporting practices in corporate management reports has on economic performance, and to support filling the gap in the specific literature by proposing an integrated reporting model achieved through a harmonising process, compatibility and alignment.

Societal impact of university innovation

2018 ◽  
Vol 41 (11) ◽  
pp. 1309-1335 ◽  
Author(s):  
Benjamin Yeo
Keyword(s):  
Economic Performance ◽  
Significant Proportion ◽  
Economic Data ◽  
Regional Economic ◽  
Content Type ◽  
Economic Productivity ◽  
Multiple Variables ◽  
Regional Economic Performance ◽  
The Impact ◽  
University Patent

PurposeThis study aims to use university patent and regional economic data to investigate the current and future impact of university innovation, measured using multiple variables, on real economic productivity.Design/methodology/approachUsing university patent and regional economic data, regression models are built to determine the impact of university innovation on current and future regional economic performance.FindingsThe findings demonstrate that university innovation generates sustained impact on economic performance, but by itself, is insufficient in driving economic performance; and different measures of university innovation have different degrees of impact. University innovation makes up a small, albeit significant, proportion of the drivers of economic performance.Research limitations/implicationsThere are four implications. First, developing countries can leverage university–industry collaborations for economic growth. Second, innovation management must encourage continuous university innovation for sustainable economic productivity. Third, Science, Technology, Engineering and Mathematics (STEM) and non-STEM innovation warrant attention. Fourth, successful innovation policies should be tailored to their unique societal contexts.Originality/valueAlthough innovation is a driver of economic performance, there is a lack of studies that focus specifically on universities, operationalize performance using gross domestic product measures and take into account impact lags by exploring universities’ current and future impacts.

scholarly journals Sustainability Reporting and Firms’ Economic Performance: Evidence from Asia and Africa

2020 ◽  
Author(s):  
Alicia Girón ◽  
Amirreza Kazemikhasragh ◽  
Antonella Francesca Cicchiello ◽  
Eva Panetti
Keyword(s):  
Economic Performance ◽  
Developing Economies ◽  
Manufacturing Sector ◽  
Sustainability Reporting ◽  
Environmental Issues ◽  
Women Directors ◽  
Reporting Practices ◽  
Global Environmental ◽  
Sustainability Disclosure ◽  
The Relationship

Abstract Given the increasing concern for the global environmental issues and the relating need for preservation of the ecosystem, sustainability reporting has become more and more important, to both developed and developing economies, sparking the interest of the literature. This study primarily aims to investigate the factors that influence the adoption of new sustainability reporting practices and external assurance. Also, this paper examines the relationship between the reporting activity and firms’ economic performance. The paper combines data from the Global Reporting Initiative’s (GRI) Sustainability Disclosure Database and the Orbis database, from Bureau van Dijk. More specifically, the study uses two logit models and one regression model based on a sample of 366 large Asian and African companies which have addressed the SDGs in their sustainability reports published in 2017. The results reveal that operating in the manufacturing sector and having a higher percentage of women directors in the company’s management structure are positively related to the adoption of sustainability reporting and external assurance. Also, operating in the manufacturing sector leads to better firms’ economic performance. Contrarily from previous studies, the age of the company’s board of directors does not have influences on the use of sustainability reporting. This research contributes to the sustainability issues in the context of emerging markets by explaining the driving factors behind it and its linkage with firms’ performance.

Investigating the role of national culture on integrated report assurance: international evidence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ali Uyar ◽  
Merve Kilic ◽  
Cemil Kuzey
Keyword(s):  
Cultural Values ◽  
Multinational Corporations ◽  
National Culture ◽  
Service Providers ◽  
Integrated Reporting ◽  
Content Type ◽  
Reporting Practices ◽  
Corporate Strategies ◽  
Corporate Reporting ◽  
The Impact

PurposeDrawing on neo-institutional, stakeholder, social contract and contingency theories, the objective of this study is to examine whether cultural values across countries may influence decisions to assure integrated reports.Design/methodology/approachFor this purpose, the authors have collected integrated reporting assurance, national culture and firm-specific data from several sources for the years ranging between 2011 and 2016 and have performed pooled and panel logistic regression analyses.FindingsThe authors found that corporations established in countries where the following characteristics prevail have higher tendencies to assure integrated reports: high collectivism among people, low power distance, strong feminine values rather than masculine values, high uncertainty avoidance, pursuance of short-term goals rather than long-term and a low level of indulgence.Research limitations/implicationsThe study is not free from limitations. First, the authors were only able to obtain assurance data for the years between 2011 and 2016 since 2011 was the initial year in which integrated reporting was adopted. Second, culture variables used throughout the study remained the same for each year due to the unavailability of differing data. This was noted in prior studies as well; thus, this is not an exception. Third, the assumption that all companies in a country have the same culture score is inherent in the scoring system of countries (Orij, 2010).Practical implicationsBased on the results, the authors drew implications for organizations, policymakers and assurance service providers. Multinational corporations can benefit from the outcome of this study by considering national cultures in formulating their corporate strategies. Finally, assurance service providers can position themselves in the marketplace by the findings of this study.Originality/valueThis paper aims to enhance the comprehension of corporate reporting practices by companies that operate in different countries, with necessarily varying cultural values. To the best knowledge of the authors, no prior study has yet examined the impact of national culture on the assurance of integrated reports.

Revisiting the International integrated reporting framework: What's new in the version (January 2021)?

2021 ◽  
Vol 22 (7) ◽  
pp. 728-739
Author(s):  
Natal'ya V. MALINOVSKAYA
Keyword(s):  
Corporate Governance ◽  
Business Model ◽  
Corporate Disclosure ◽  
Integrated Reporting ◽  
Reporting Practices ◽  
Reporting Framework ◽  
Different Types ◽  
Analysis And Synthesis ◽  
The Impact

Subject. This article discusses the innovations of the revised International Integrated Reporting Framework. Objectives. The article aims to highlight the major changes made to the International Integrated Reporting Framework in relation to their revision and assess their impact on integrated reporting practices. Methods. The study relies upon analysis and synthesis, comparison, generalization, and abstraction. Results. The article gives the reasons for the need to revise the International Integrated Reporting Framework and explains the essence of the major changes. Conclusions. The major changes relate to the responsibility for the integrated reporting of corporate governance, the explanation of the term Outcomes when describing the business model, and approaches to disclosure in an integrated report of results information in terms of the impact (positive and negative) on different types of capital. The revised International Integrated Reporting Framework (January 2021) does not contain fundamental changes, while at the same time addressing the urgent terminology and practical problems identified in their application. Their application can improve corporate disclosure practices.

Effluent irrigation—an environmental challenge for soil science

Soil Research ◽  
1998 ◽  
Vol 36 (4) ◽  
pp. 543 ◽  
Author(s):  
W. J. Bond
Keyword(s):  
Management Practices ◽  
Environmental Issues ◽  
Land Application ◽  
Soil Science ◽  
Land Uses ◽  
Policy Debate ◽  
Effluent Irrigation ◽  
The Impact ◽  
Environmental Challenge

With the growth of concern for the impact of humankind on the environment, soil scientists have increasingly shifted the emphasis of their work towards the effect of agricultural and other land management practices on the environment. This shift has required some changes to the way soil science is practised. The example of land application of wastes, an increasingly popular practice, is used to illustrate the role of soil science in the complex web of scientific, social, and economic aspects of environmental issues, and the need to influence community thinking and the policy debate. The issues often most likely to be limiting to effluent irrigation are excessive nitrate leaching, poor salt management, and the effects of increasing soil sodicity on current and future land uses. The scientific challenges that these pose are discussed, together with some broader issues including those associated with implementation of effluent irrigation, and socioeconomic and environmental considerations that should influence the decision to select effluent irrigation as the means for disposal or reuse.

Sustainability reporting or integrated reporting: Which one is valuable for investors?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ika Permatasari ◽  
Ika Permatasari ◽  
I Made Narsa
Keyword(s):  
Value Relevance ◽  
Accounting Information ◽  
Sustainability Reporting ◽  
Financial Information ◽  
Integrated Reporting ◽  
Content Type ◽  
Reporting Practices ◽  
Corporate Reporting ◽  
Sustainability Reports ◽  
International Integrated Reporting Council

Purpose This research is motivated by the development of dialogue and debate regarding company reporting in the form of sustainability reporting (SR) – which is separate from the annual report (AR) – or integrated reporting (IR). Research into SR and IR is still fascinating, and this study addresses the debate about them. This study aims to examine which of the two reports is more valuable for investors, and also examine whether IR has value relevance because the information in the IR could reinforce the importance of the accounting information. Design/methodology/approach As with previous studies, we adopted a valuation approach – the Ohlson model – to assess the value relevance of non-financial information (in the form of SR/IR) and financial information. As a preliminary study, we used non-financial information as a binary variable, i.e. a group of companies that issue sustainability reports and a group of companies that issue integrated reports. Therefore, they complement and interact with the financial statements’ information. This paper used panel data consisting of 931 firm-years of SR issuers and 922 firm-years of IR issuers in Europe and Africa in the period from 2005 to 2019. Findings The results showed that SR had a higher value relevance than IR. However, when the authors interact the corporate reporting form with the accounting information, IR had value relevance because the information contained in the IR could reinforce the importance of the accounting information. Practical implications This study will support regulators in various countries to monitor the reporting practices of companies in those countries. The results of this study provide evidence that sustainability reports get a higher response than integrated reports. However, when interacted with the accounting variables, information in the IR is considered to be more relevant than that found in the SR. Therefore, it is hoped that the results of this study will help the International Integrated Reporting Council (IIRC) in reviewing IR practices around the world so that the implementation of IR practices can be realized in accordance with the mission that the IIRC wants to achieve. Originality/value Research into the value relevance of SR and IR has been carried out by several previous researchers separately, but to the best of the author’s knowledge, there are no studies comparing the value relevance of the two.

Airline Effective Waste Management Strategies

2020 ◽  
pp. 87-109
Keyword(s):  
Waste Management ◽  
Management Practices ◽  
Management Strategies ◽  
Decision Makers ◽  
Published Data ◽  
Hybrid Strategy ◽  
Sustainability Reports ◽  
Waste Management Practices ◽  
The Impact ◽  
Action Category

This chapter reports the effective wastes management strategies. To achieve this aim, the waste management practices of 14 airlines from four regions were investigated. The data used in this chapter was a secondary published data in the annual sustainability reports. The data was retrieved from GRI (Global Reporting Initiatives) website. The special tailored data analysis techniques were used for this purpose. The chapter reported four on-board and ground strategy patterns and three hybrid patterns. Hybrid strategy patterns were better ranked than the most of on-board and ground strategy patterns. This chapter helps the decision makers and the academics alike, since the impact of each action under each action category of each pattern on wastes reduction was reported.

A Waqf-Integrated Reporting (WAQIR) Model

2020 ◽  
pp. 281-300
Author(s):  
Rosnia Masruki ◽  
Mustafa Mohd Hanefah ◽  
Muhammad Iqmal Hisham Kamaruddin
Keyword(s):  
Economic Impact ◽  
Information Disclosure ◽  
Management Practices ◽  
Integrated Reporting ◽  
Reporting Practices ◽  
For Profit ◽  
Faith Based ◽  
Not For Profit ◽  
Reporting Tool ◽  
Socio Economic Impact

This chapter proposes the best reporting practices for waqf institutions, concerning information disclosure on performance, governance, and socio-economic impact using the waqf integrated reporting (WAQIR) model. The WAQIR model is viewed as a comprehensive reporting tool for waqf institutions. This study reviewed previous literature and reporting guidelines for waqf and similar organisations, such as not-for-profit and faith-based organisations, to identify the appropriate measurements for disclosure, limited not only to the input and output of the waqf project, but also its governance and socio-economic impact. Based on the review, the WAQIR model is explicated with four pillars of disclosure: (i) waqf financial and non-financial; (ii) waqf governance; (iii) waqf performance; and (iv) waqf socio-economic impact. The proposed WAQIR model would be useful for waqf institutions in implementing best waqf reporting practices. This could help them to enhance their accountability and to promote transparency, enabling the sustainability of the entire waqf management practices.

scholarly journals How Does Integrated Reporting Change in Light of COVID-19? A Revisiting of the Content of the Integrated Reports

2020 ◽  
Vol 12 (18) ◽  
pp. 7605 ◽  
Author(s):  
Isabel-María García-Sánchez ◽  
Nicola Raimo ◽  
Arcangelo Marrone ◽  
Filippo Vitolla
Keyword(s):  
Business Models ◽  
Social Consequences ◽  
Legitimacy Theory ◽  
Future Prospects ◽  
Integrated Reporting ◽  
Holistic View ◽  
Reporting Practices ◽  
The Future ◽  
Ideal Tool ◽  
The Impact

The crisis connected to the spread of the COVID-19 pandemic represents an epochal event destined to generate strong economic and social consequences. The impact of the pandemic on business activities and business models also entails rethinking reporting practices. The pandemic has, in fact, created an enormous need for investors and stakeholders in general for future-oriented information relating to the impacts of this event on organizations. Integrated reporting is an ideal tool to provide information related to the effects of the pandemic and provide a holistic view of the future prospects of organizations. This study, using legitimacy theory and based on a two-step methodology, highlighted a series of information that companies will need to have to include in integrated reports to maintain and defend legitimacy. The results provide a double perspective: the first based on content elements and the second based on capitals. The results represent an important guideline for companies for the preparation of future integrated reports.

scholarly journals The impact of workplaces and self-management practices on the productivity of knowledge workers

2017 ◽  
Vol 15 (4) ◽  
pp. 423-438 ◽  
Author(s):  
Miikka Palvalin ◽  
Theo van der Voordt ◽  
Tuuli Jylhä
Keyword(s):  
Management Practices ◽  
Knowledge Workers ◽  
Two Dimensions ◽  
Self Management ◽  
Corporate Management ◽  
Management Skills ◽  
Content Type ◽  
Team Productivity ◽  
The Impact

Purpose This paper aims to explore the impact of workplaces, which support concentration and communication, and self-management practices on individual and team productivity. The underlying hypothesis is that the impact of these variables on the two levels of productivity (individual and team) and the two dimensions of productivity (quantity and quality) may be different. Design/methodology/approach The paper is based on survey data from 998 Finnish knowledge workers. Factor analysis was used to test the dimensions of the conceptual model. Insights into the impact of workplaces for concentration and communications and self-management practices on productivity were obtained by multiple-regression analyses. Findings The findings show that self-management practices have a larger impact on the quality and quantity of individual output and the quantity of team output than workplaces for communication and concentration. Improving self-management skills is key to increase all productivity dimensions and in particular the quality of the output. Practical implications This paper contributes to a better understanding of the impact of workplace characteristics and self-management practices on different levels and dimensions of productivity. It offers valuable lessons for managers, as they are able to recognize how productivity can be approached from several perspectives. Different dimensions can be enhanced using different workplace settings. For example, the quantitative output of employees can be increased by adding more space for concentration, while quantitative team productivity can be increased by providing appropriate space for collaboration. An important means to enhance a higher quality of the output is to improve self-management skills. The findings also suggest that collaboration between different disciplines – corporate management, corporate real estate management, human resource management and IT – is needed to optimize individual and team productivity. Originality/value This paper explores work environment experiences of Finnish office workers and connects both workplace appraisal and work practices to perceived productivity support, on individual level and team level. It also adds insights into the different impacts on quantity and quality.

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