This empirical research is focused on a sample of large-size companies listed on the Johannesburg Stock Exchange (JSE), in order to evaluate if the adoption of King III can stimulate both some corporate governance practices and some firm social sustainability policies, with the aim to positively affect on the environmental disclosure, as a consequence of the mandatory preparation of Integrated Reporting (IR). We analyzed a period from 2010 (the first time adoption of Integrated Reporting in South Africa) to 2015 (the early year of the release process of the King III). We gained several fields about some features of the corporate governance model (i.e. business ethics policy, CEO duality etc.) and about some firm social sustainability issues (i.e. health safety policy, human rights policy etc.) by Bloomberg database (Bloomberg, 2015). The expected findings may show an intriguing relationship between the firm environmental disclosure, as a result of the preparation of IR, and some determinants closely tied to the corporate governance practices and to the compliance with some social sustainability issues. The rationale of such relationship resides in the alignment to the King III. That said, the mandatory adoption of King III therefore may represent an important turning point not only in terms of a new corporate reporting model, such as the IR, but also as a “driver” for potential improvements in firm environmental disclosure, thanks to the acknowledgment of some corporate governance practices and to the implementation of specific corporate social sustainability policies meant to promote the health safety and the safeguard of human rights.
Doni, F., Bianchi Martini, S., Corvino, A. (2019). Integrated Reporting, corporate governance practices, social sustainability policies and environmental disclosure. The case of South Africa. Intervento presentato a: Inaugural international Conference Centre for Critical Accounting and Auditing, University of Witwatersrand Johannesburg South Africa.
Integrated Reporting, corporate governance practices, social sustainability policies and environmental disclosure. The case of South Africa
Doni, F
Primo
Membro del Collaboration Group
;
2019
Abstract
This empirical research is focused on a sample of large-size companies listed on the Johannesburg Stock Exchange (JSE), in order to evaluate if the adoption of King III can stimulate both some corporate governance practices and some firm social sustainability policies, with the aim to positively affect on the environmental disclosure, as a consequence of the mandatory preparation of Integrated Reporting (IR). We analyzed a period from 2010 (the first time adoption of Integrated Reporting in South Africa) to 2015 (the early year of the release process of the King III). We gained several fields about some features of the corporate governance model (i.e. business ethics policy, CEO duality etc.) and about some firm social sustainability issues (i.e. health safety policy, human rights policy etc.) by Bloomberg database (Bloomberg, 2015). The expected findings may show an intriguing relationship between the firm environmental disclosure, as a result of the preparation of IR, and some determinants closely tied to the corporate governance practices and to the compliance with some social sustainability issues. The rationale of such relationship resides in the alignment to the King III. That said, the mandatory adoption of King III therefore may represent an important turning point not only in terms of a new corporate reporting model, such as the IR, but also as a “driver” for potential improvements in firm environmental disclosure, thanks to the acknowledgment of some corporate governance practices and to the implementation of specific corporate social sustainability policies meant to promote the health safety and the safeguard of human rights.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.