| Title | Corporate Governance, Integrated Reporting and Environmental Disclosure: Evidence from the South African Context |
|---|---|
| ID_Doc | 68517 |
| Authors | Corvino, A; Doni, F; Martini, SB |
| Title | Corporate Governance, Integrated Reporting and Environmental Disclosure: Evidence from the South African Context |
| Year | 2020 |
| Published | Sustainability, 12, 12 |
| Abstract | This research aims to investigate how the adoption of King III can affect the corporate governance model of a sample of South African listed companies on the Johannesburg Stock Exchange (JSE). Particularly, we analyzed the influence of sustainability-related issues of the board of directors (BDs) on firm environmental disclosure, after the mandatory preparation of integrated reporting (IR). In addition, we also examined indepth whether some corporate social policies are able to condition the foregoing disclosure. The empirical study covers the period from 2010 (the first-time adoption of IR in South Africa) to 2015 (the earliest year of the release process regarding King Code of Governance Principles for South Africa 2009 (i.e., King III)). Data were collected by the Bloomberg database. With reference to the BDs features, great attention was paid to both business ethics policy and CEO duality. Instead, with regard to corporate social issues, we looked into the adoption of the policies pertaining to health and safety and the respect for human rights. Following the mandatory preparation of IR, our findings show a positive relationship between business ethics policy and firm environmental disclosure. Contrarily, CEO duality does not exert any effect over the earlier type of corporate reporting. Furthermore, empirical evidence substantiates the association between health safety and human rights policies that are very crucial in an emerging economy, such as South Africa, and firm environmental disclosure. The rationale of such results arguably resides in compliance with King III. Therefore, this study can provide interesting insights, given that its mandatory adoption might reveal an important turning point in the development of corporate governance codes, as well as being a "driver" for potential enhancements of firm environmental disclosure, inter alia, in line with the Sustainable Development Goal (SDG) 12.6. |
| https://www.mdpi.com/2071-1050/12/12/4820/pdf?version=1592200466 |
Similar Articles
| ID | Score | Article |
|---|---|---|
67921
|
Ahmed, MMA The relationship between corporate governance mechanisms and integrated reporting practices and their impact on sustainable development goals: evidence from South Africa(2023)Meditari Accountancy Research, 31, 6 | |
| 70986
|
Mähönen, J Integrated Reporting and Sustainable Corporate Governance from European Perspective(2020)Accounting Economics And Law-A Convivium, 10.0, 2 | |
| 68691
|
Frias-Aceituno, JV; Rodriguez-Ariza, L; Garcia-Sanchez, IM The Role of the Board in the Dissemination of Integrated Corporate Social Reporting(2013)Corporate Social Responsibility And Environmental Management, 20, 4 | |
| 77505
|
Yadav, P; Jain, A Sustainability disclosures and corporate boards: a stakeholder approach to decision-making(2023)Journal Of Applied Accounting Research, 24, 5 | |
| 71568
|
Steyn, M Organisational benefits and implementation challenges of mandatory integrated reporting Perspectives of senior executives at South African listed companies(2014)Sustainability Accounting Management And Policy Journal, 5.0, 4 | |
| 73268
|
Campanella, F; Serino, L; Crisci, A; D'Ambra, A The role of corporate governance in environmental policy disclosure and sustainable development(2021)Corporate Social Responsibility And Environmental Management, 28, 1 | |
| 76071
|
Manning, B; Braam, G; Reimsbach, D Corporate governance and sustainable business conduct-Effects of board monitoring effectiveness and stakeholder engagement on corporate sustainability performance and disclosure choices(2019)Corporate Social Responsibility And Environmental Management, 26, 2 | |
| 73076
|
Jibril, RS Women on board, institutional ownership and emissions disclosure practices as tools for attaining sustainable development goals in Nigeria(2024)International Journal Of Disaster Resilience In The Built Environment, 15, 4 | |
| 68218
|
Ngelo, AA; Permatasari, Y; Rasid, SZA; Harymawan, I; Ekasari, WF Ex-Auditor CEOs and Corporate Social Responsibility (CSR) Disclosure: Evidence from a Voluntary Period of Sustainability Report in Indonesia(2022)Sustainability, 14, 18 | |
| 77696
|
Erin, OA; Bamigboye, OA; Oyewo, B Sustainable development goals (SDG) reporting: an analysis of disclosure(2022)Journal Of Accounting In Emerging Economies, 12, 5 |