The influence of non-governmental organizations (NGOs) on the development of voluntary sustainability accounting reporting rules

Seleshi Sisaye

Journal of Business and Socio-economic Development, 2021, vol. 1, issue 1, 5-23

Abstract: Purpose - The purpose of this paper is to show the impact that non-governmental organizations (NGOs) have on the evolution of Global Reporting Initiative (GRI). GRI is a sustainability report disclosed by business organizations to meet the demands and interests of various stakeholders. These stakeholders’ needs have influenced GRI and its guidelines. Design/methodology/approach - The methodology for this paper is library-based archival research. It is qualitatively and analytically descriptive of prior academic research and published literature on the subject. Findings - Sustainability accounting rulemaking has evolved overtime resulting in proliferation of reporting rules. These rules have improved the extent and scope of environmental and economic performances that businesses disclose in GRI. Originality/value - GRI has provided the foundation for integrated reporting (IR). Both GRI and IR have ecological and functional dimensions. Sustainability is functionally inherent in the accounting principle of materiality, when disclosed in external reporting. The ongoing concern of business assumes an organization is systemic and operates as a living entity only when it can provide sustainable performance that benefits stakeholders and society.

Keywords: IR; GRI; CSR; Sustainability accounting; NGOs; Environmental management; Socio-economic development (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jbsedp:jbsed-02-2021-0017

DOI: 10.1108/JBSED-02-2021-0017

Access Statistics for this article

Journal of Business and Socio-economic Development is currently edited by Professor Allam Hamdan

More articles in Journal of Business and Socio-economic Development from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().