Naslov
Nonfinancial Reporting: Theoretical and Empirical Evidence

Autori
Osmanagić Bedenik, Nidžara ; Barišić, Petra

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, ostalo

Knjiga
Sustainable Management Practices

Urednik/ci
Sarfraz, Muddassar ; Abdullah, Muhammad Ibrahim ; Rauf, Abdul ; Meran Shah, Syed Ghulam

Izdavač
IntechOpen

Grad
London : Delhi

Godina
2019

Raspon stranica
93-114

ISBN
978-1-78985-154-0

Ključne riječi
business value creation, shareholder, stakeholder, business reporting, green and sustainable business, contingency approach

Sažetak
Nonfinancial reporting (NFR) is a relatively new topic in the business practice ; it evolved a couple of decades ago. Initially, NFR was mostly disclosed on a voluntary basis. Because of deeper awareness regarding climate change and environmental challenges, as well as pressure from investors, customers, and competition, nonfinancial reporting developed from a voluntary to a mandatory highly standardized practice. This research sought to address the following questions: How understanding of business value creation determines business reporting? How sustainability approach manifests on the company level? What is nonfinancial reporting and why should companies care about it? What are the motivations and benefits for companies and for whom do they publish sustainability reports? What about experiences in public sector? How contemporary concepts of green, circular, and zero-waste economy influence business reporting? Which open questions do organizations face on the path of sustainability reporting? This study contributes to the discussion on NFR and stimulates paradigm shift from profitability toward sustainability as adopting a holistic perspective, respecting people and the planet. This research stimulates business community to invest time and energy into sustainability reporting and encourages scholars to explore new ways of business reporting and therefore contributes to our knowledge and well-being.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA