Naslov
Sustainability Reporting in Croatia: The Challenges of Sustainable Business

Autori
Osmanagić Bedenik, Nidžara ; Strugar, Ivan ; Labaš, Davor ; Kojić, Vedran

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Sustainability Reporting in Central and Eastern European Companies - International Empirical Insights

Urednik/ci
Horváth, Péter ; Pütter, Judith M.

Izdavač
Springer

Grad
Cham

Godina
2017

Raspon stranica
199-214

ISBN
978-3-319-52577-8

Ključne riječi
Nonfinancial reporting, large companies, Croatia

Sažetak
Sustainability reporting is increasingly becoming an integral part of business reports. It encompasses reporting on environmental-, social-, and employee-related matters, as well as reporting on human rights, anti-corruption, and bribery issues. Implementing the stated principles requires knowledge and poses a challenge for managers. The primary aim of this paper is to identify and present the experience and degree of preparedness for sustainability reporting in companies in Croatia. In addition, we explore the role of information and communication technology in sustainability reporting and the possibilities for its improvement. Finally, we discuss the question of the use of mathematical methods for exploring the relationship between investment in sustainability and the level of profits that companies report. With this paper, we aim to provide insights and support to domestic companies in the process of adopting and implementing sustainability reporting. The results of the empirical research conducted show that companies in Croatia have experience with sustainability reporting. However, often more adequate feedback on stakeholders’ satisfaction with their sustainability reports and further dialogue is needed. In addition, the results show that there is significant room for improvements regarding IT support’s role in sustainability reporting in all key segments. Based on the findings, we anticipate further development and adoption of sustainability reporting in the following directions: education, discussion about priority motives and stakeholders, and in the use of information and communication technology. Accordingly, every company can build a responsible approach for its processes and improve its results, creating not only economic but social and ecological advantages as well.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA