| Title | What Drives the Sustainability Reporting Intentions of Firms? |
|---|---|
| ID_Doc | 76389 |
| Authors | Ofori-Owusu, C; Owusu, GMY; Agyenim-Boateng, C; Welbeck, EES |
| Title | What Drives the Sustainability Reporting Intentions of Firms? |
| Year | 2024 |
| Published | Sustainability, 16, 12 |
| Abstract | Global leaders have adopted sustainable development goals to address critical issues like climate change, biodiversity loss, and pollution from both human activities and firms. Over the years, there has been a demand for stricter regulations, accountability, and improved sustainable business practices by stakeholders. In the field of accounting, voluntary disclosure of firms' sustainability efforts has become an important component of firm reporting architecture. Despite being a voluntary practice in many jurisdictions, sustainability reporting has become essential for firms to demonstrate their commitment to meeting sustainability goals, ensuring future growth, and achieving long-term success. This study examines firms' sustainability reporting intentions and further investigates the dominant factors that drive such intentions, relying on the extended version of the Theory of Planned Behaviour. Data for the study were gathered from managers of member firms with the Association of Ghana Industries. Using a total of 518 valid responses, the study's hypotheses were tested employing the partial least square structural equation modelling technique. The results indicate that subjective norm, perceived behavioural control, dynamic capabilities, cultural tightness-looseness, sustainability commitment, and perceived benefit are good predictors of firms' sustainability reporting intentions. However, the results suggest an inverse relationship exists between attitude, perceived cost, and intention to engage in sustainability reporting. The findings highlight some of the critical factors driving sustainability reporting behaviour among firms. |
| https://www.mdpi.com/2071-1050/16/12/5052/pdf?version=1718285145 |
Similar Articles
| ID | Score | Article |
|---|---|---|
75292
|
García-Machado, JJ; Papa, M; Carrassi, M The influence of the beliefs of Italian and Spanish managers in their engagement in sustainability reporting(2023)Discover Sustainability, 4, 1 | |
| 67659
|
Appiah-Kubi, E Stakeholder pressure and SMEs sustainability information disclosures: why perceived benefits and sustainability knowledge matter(2024) | |
| 65982
|
Andersson, S; Svensson, G; Molina-Castillo, FJ; Otero-Neira, C; Lindgren, J; Karlsson, NPE; Laurell, H Sustainable development-Direct and indirect effects between economic, social, and environmental dimensions in business practices(2022)Corporate Social Responsibility And Environmental Management, 29.0, 5 | |
| 73956
|
Hamad, S; Lai, FW; Shad, MK; Shah, SQA; Jan, AA; Ali, SEA A reflection on the voluntary disclosure of sustainable development goals: The role of sustainability committee(2024)Business Strategy And Development, 7, 3 | |
| 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 | |
| 68046
|
Vigneau, L; Adams, CA The failure of transparency as self-regulation(2023)Sustainability Accounting Management And Policy Journal, 14, 4 | |
| 65769
|
Rezaee, Z; Homayoun, S; Rezaee, NJ; Poursoleyman, E Business sustainability reporting and assurance and sustainable development goals(2023)Managerial Auditing Journal, 38.0, 7 | |
| 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 | |
| 66860
|
Abela, M A new direction? The mainstreaming" of sustainability reporting"(2022)Sustainability Accounting Management And Policy Journal, 13, 6 | |
| 66071
|
Rosati, F; Faria, LGD Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting(2019)Corporate Social Responsibility And Environmental Management, 26.0, 3 |