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

Anca Băndoi, Claudiu George Bocean, Mara Del Baldo, Lucian Mandache, Leonardo Geo Mănescu and Catalina Soriana Sitnikov
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Anca Băndoi: Department of Finance and Economic Analysis, University of Craiova, 200585 Craiova, Romania
Claudiu George Bocean: Department of Management, Marketing and Business Administration, University of Craiova, 200585 Craiova, Romania
Lucian Mandache: Department of Electrical, Power and Aerospace Engineering, University of Craiova, 200585 Craiova, Romania
Leonardo Geo Mănescu: INCESA, University of Craiova, 200585 Craiova, Romania

Sustainability, 2021, vol. 13, issue 2, 1-20

Abstract: 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.

Keywords: sustainability; economic performance; sustainability reporting; managerial reporting; integration (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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