Putu Agus Ardiana
Stakeholder engagement in sustainability reporting by Fortune Global 500 companies: a call for embeddedness
Ardiana, Putu Agus
Authors
Abstract
Purpose: The purpose of this paper is to ascertain whether Fortune Global 500 companies embed stakeholder engagement in their sustainability reporting. Design/methodology/approach: Quantitative and qualitative content analyses were undertaken on 646 sustainability reports written in English over the period from 2015 to 2017. Findings: This research found a low level of stakeholder engagement disclosures and scant evidence that sustainability disclosures were drawn upon stakeholder engagement practices. The findings indicate that stakeholder engagement was loosely embedded in sustainability reporting. Research limitations/implications: Sustainability reports are the sole unit of analysis. Besides, this research is limited to a sample of companies and to a specific period, which limits the generalisation of the research findings. Practical implications: Embedding stakeholder engagement in sustainability reporting holds companies accountable to their stakeholders. This is because the companies’ sustainability disclosures acknowledge the stakeholders’ concerns and information about the stakeholder engagement methods deployed to address those concerns. Social implications: Stakeholder engagement promotes accountability by encouraging stakeholders to convey their opinions about corporate sustainability, participate in decision-making processes that impact them, and partake in defining the contents of sustainability reports. Originality/value: This paper provides insights into the need to link sustainability disclosures with stakeholder engagement disclosures, by articulating who the relevant stakeholders are and how they are engaged on the various sustainability topics – rather than conceiving them to be separate and independent disclosures in a sustainability report.
Citation
Ardiana, P. A. (2023). Stakeholder engagement in sustainability reporting by Fortune Global 500 companies: a call for embeddedness. Meditari Accountancy Research, 31(2), 344-365. https://doi.org/10.1108/medar-12-2019-0666
Journal Article Type | Article |
---|---|
Acceptance Date | Oct 1, 2021 |
Online Publication Date | Oct 25, 2021 |
Publication Date | Mar 21, 2023 |
Deposit Date | Jan 13, 2022 |
Publicly Available Date | Jan 13, 2022 |
Journal | Meditari Accountancy Research |
Print ISSN | 2049-372X |
Electronic ISSN | 2049-372X |
Publisher | Emerald |
Peer Reviewed | Peer Reviewed |
Volume | 31 |
Issue | 2 |
Pages | 344-365 |
DOI | https://doi.org/10.1108/medar-12-2019-0666 |
Public URL | https://durham-repository.worktribe.com/output/1217880 |
Files
Accepted Journal Article
(454 Kb)
PDF
Publisher Licence URL
http://creativecommons.org/licenses/by-nc/4.0/
Copyright Statement
This author accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY-NC) licence. This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript for commercial purposes, please contact permissions@emerald.com
You might also like
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search