Sustainability reporting: An overview of the recent development
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Author(s)Inten MeutiaLink to ORCID Index: http://orcid.org/0000-0002-2418-0283
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Zulnaidi YaacobLink to ORCID Index: http://orcid.org/0000-0002-1222-1949
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Shelly F. KartasariLink to ORCID Index: http://orcid.org/0000-0001-9572-6573
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DOIhttp://dx.doi.org/10.21511/afc.03(1).2020.03
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Article InfoVolume 3 2020-2021, Issue #1, pp. 23-39
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Creative Commons Attribution 4.0 International License
This study aims to provide an extensive overview of the current state of sustainability reporting through the review studies on sustainability reports (SR) in the accounting literature for the period 2015–2020. A structured literature review (SLR) methodology is used to investigate how the SR literature develops and focuses. The study uses keywords such as “sustainability report” and “sustainability reporting” to identify studies that are relevant to a given topic. A total of 44 published studies were found. This study identifies the main directions of SR research in the 2015–2020 period and discusses several important aspects of research, namely methodology, research methods, and the theory used. To enrich the results, this study defines the scope, country of research, topics and sectors studied. The study provides insight into future SR research used by researchers to develop SR research. Several things are proposed that can be used as a guide for future SR research, such as sustainability in SMEs and the public sector. Ensuring sustainability is one of the research topics that can be a direction for researchers in the future. Theories such as contingency and source credibility can be an alternative to explaining the reality of sustainability reporting.
- Keywords
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JEL Classification (Paper profile tab)Q56, M40
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References73
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Tables4
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Figures9
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- Figure 1. Literature review research methodology
- Figure 2. Year of publication
- Figure 3. Research methodology
- Figure 4. Research method
- Figure 5. Research theories
- Figure 6. The scope of studies
- Figure 7. Country category
- Figure 8. Country of origin
- Figure 9. Research sector
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- Table 1. Number of sustainability studies in each journal
- Table 2. Methodology and research method in studies
- Table 3. Theories in studies
- Table 4. Research topics
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The role of accounting in sustainable development
Inna Makarenko 
,
Alex Plastun
doi: http://dx.doi.org/10.21511/afc.01(2).2017.01
Accounting and Financial Control Volume 1, 2017 Issue #2 pp. 4-12 Views: 7573 Downloads: 4708 TO CITEIdeology of Sustainable Development and Sustainable Development Goals influence the transformation of business processes in the companies. Professional accountants are important part of this transformation. In this paper the role of accounting in Sustainable Development Goals achievement is discussed. Different approaches to structuring the role of professional accountants in Sustainable Development are investigated. Among them are types of roles that perform accountants, their professional functions, skills and competencies in the corporate environment. As the result a holistic vision of the role of accounting in sustainable development in the new economic conditions is provided.
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Standardization of sustainability reporting: rationale for better investment decision-making
Henry Mynhardt , Inna Makarenko ,
Alex Plastun
doi: http://dx.doi.org/10.21511/pmf.06(2).2017.01
Public and Municipal Finance Volume 6, 2017 Issue #2 pp. 7-15 Views: 2307 Downloads: 342 TO CITE АНОТАЦІЯThe role of sustainability reporting in investment decision-making is not clear and obvious. Despite the steady increase of such statements in corporate annual reports, the relationship between the sustainability reporting and the financial performance of companies is not always positive. The main problems of sustainability reporting nowadays are insufficient comparability of reporting, accuracy (lack of materiality, reliability and validity of indicators), lack of common approaches for its verification.
Synthesis of standardization and regulation features of sustainability reporting, which is provided in this paper in different dimensions (countries, regulators standards), allows to identify long-term trends of this reporting to ensure its quality during investment decision-making in traditional and responsible financial markets.
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Sustainability reporting in the light of corporate social responsibility development: economic and legal issues
Victor Sukhonos ,
Inna Makarenko
doi: http://dx.doi.org/10.21511/ppm.15(1-1).2017.03
Problems and Perspectives in Management Volume 15, 2017 Issue #1 (cont.) pp. 166-174 Views: 1702 Downloads: 719 TO CITE АНОТАЦІЯIndependent audit assurance of sustainability reporting is the basis for increasing the credibility of the stakeholders, its transparency and reliability; it is a means of implementing legal liability of the company and the evidence of achievement of its legitimacy to the public. The bases for providing such assurance are the standards of implementation of audit tasks in the sphere of sustainable development. Comparative analysis of international practice as for assurance regarding the SR with local realities, based on the reporting database of Ukrainian GRI companies for the 2005-2014 years, witnessed the initial phase of such practices among Ukrainian companies, and the need to strengthen regulatory efforts to determine the legal status of SR auditing standards in Ukraine, ensuring a legal environment and the development of corporate social responsibility initiatives.
