Evaluating Environmental Accounting and Reporting: The Case of Croatian Listed Manufacturing Companies

Zrnić, Ana; Starčević, Dubravka Pekanov; Mijoč, Ivo

doi:10.25234/pv/8089

Cited by 9 publications

(5 citation statements)

References 8 publications

(8 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…To answer the research questions, this paper presents the content and nature of publicly available non-financial information in the Croatian hospitality industry and provides comments to suggest improvements in content and make it clearer and more understandable for stakeholders. The content and type of non-financial information were selected based on the methodology used in previous research [56][57][58] which was additionally developed with the category and variables related to the requirements of the EU Directive.…”

Section: Methodsmentioning

confidence: 99%

See 1 more Smart Citation

Non-Financial Information in Hotel Companies

Vlašić

Poldrugovac

2022

Sustainability

View full text Add to dashboard Cite

The enactment of EU Directive 2014/95/EU and EU Guidelines 2017/C215/01 for large European public interest entities with more than 500 employees recognised the importance of non-financial information and made its disclosure mandatory. The importance of disclosing non-financial information for the hospitality industry is significant, as it is an industry that is highly sensitive and connected to the environment and social interactions. The aim of this paper is to investigate the content of non-financial information disclosed by Croatian hotel companies that list their shares on the financial market since this became mandatory. For this reason, the following research questions were posed: Is the non-financial information presented in the reports of Croatian hotel companies sufficient? If this information is insufficient, how can its content be improved? To answer these research questions, a content analysis of non-financial information in relation to general information, emissions and pollution prevention, sustainability, other environmental information, and EU Directive requirements from publicly available sources of hotel companies was conducted. The research results show that Croatian hotel companies mainly publish satisfactory levels of non-financial information related to waste management and recycling, as well as energy and water consumption, while the content of other non-financial information should be improved. The research results will be used in defining and improving the content of non-financial information for hotel companies as guidelines for publishing non-financial information specifically tailored to the hospitality industry.

show abstract

Section: Methodsmentioning

confidence: 99%

“…In answering the research questions, non-financial information was examined following previous research [56][57][58] and codes were given as follows: 0 if the information is not available (missing), 1 if the information is only mentioned, 2 if information is described, 3 if information is available in units of measurement.…”

Section: Methodsmentioning

confidence: 99%

Non-Financial Information in Hotel Companies

Vlašić

Poldrugovac

2022

Sustainability

View full text Add to dashboard Cite

show abstract

“…This study also explained that sustainability practices are ordered to enhance the firm reputation and organizational commitment. Some authors have also suggested that environmental reporting has become a constituent part in the non-financial reporting into the company's all-inclusive businesses (Zrnić et al, 2020).…”

Section: Environmental Accounting Practicesmentioning

confidence: 99%

Corporate Governance and Carbon Emission Disclosures: Evidence from Sri Lanka

Randunu

Herath

Wijekoon

2022

Int. J. Acct. Bus. Fin.

View full text Add to dashboard Cite

The purpose of this study is to investigate whether corporate governance attributes such as Board Size, Board Independence, Audit Committee Independence, and ESG Committee impact carbon emission voluntary disclosures of environmentally sensitive listed companies in Sri Lanka. The sample of the study consists of 29 listed companies of CSE industry groups over the 2016 to 2020 period. Carbon emission disclosures were measured using the carbon disclosure project index checklist developed by Choi et al. (2013). Later, the corporate governance attributes that influence carbon disclosures were examined using panel data regression models. The findings of the study suggested that entities with higher number of directors on their boards were more likely to disclose carbon emission information and Board Independence and Audit committee Independence did not have a significant impact on reporting carbon emission information. Additionally, existence of the ESG Committee in companies had a strong positive impact on the carbon emission reporting and the extent of such disclosures. This study provides valuable insight which would be useful for organizations and regulatory bodies. Such an understanding is crucial for specifying necessary policies that will provide emission reduction practices and policies for entities.

show abstract

“…The main purpose of green accounting in companies is reflected in the possibilities of better planning and better business decision-making. Namely, green accounting is primarily internally oriented and generates environmental information "to help management make decisions referring to prices, cost control, capital budgeting, and external use, thus revealing information about the environment that is of interest to the public and the financial community" (Zrnić et al, 2020, p. 49, quoted from Yakhou & Dorweiler, 2004. According to Rewadikar (2014), the benefits of implementing green accounting within an economic entity are: 1) provision of useful information regarding decision making for level and structure of production, value of investment and environmental costs;…”

Section: Figure 12 the Subsets Of Green (Environmental) Accountingmentioning

confidence: 99%

Sustainability and Corporate Social Responsibility in accounting

Dečman¹,

Remlein²,

Rep³

2021

Accounting Challenges for Sustainability and Innovations

View full text Add to dashboard Cite

The term sustainable development is understood as such socio-economic development in which the process of integrating political, economic and social activities takes place, while maintain-ing natural balance and the durability of basic natural processes, in order to ensure the possibility of satisfying the basic needs of individual communities or citizens of both the modern generation, and future generations. Sustainable development has three dimensions: ecological, economic and social. A consequence of the growing importance of social and ecological aspects of business operations is the increased interest and requirements for reporting, understood as a set of reports containing both financial and non-financial information. This chapter covers the concept of sustainable development, CSR and explains the role, goals and challenges of social responsibility accounting.CSR reporting has become some kind of a trend in non-financial reporting. Many large interna-tional companies make great efforts to prepare CSR reports in order to transparently communicate with their stakeholders as well as strive to achieve established social and environmental goals. CSR covers different aspects of business, with, among other things, environmental issues being highlighted. The importance of green accounting has been recognized globally where the adoption of the 2014/95/EU Directive has just further raised awareness of the importance of reporting on the environment and environmental activities. This chapter covers the basic concept and development phases of sustainable and environmental accounting, explains the role of green accounting in modern business conditions and discusses the benefits and opportunities it provides to interested users.

show abstract

Evaluating Environmental Accounting and Reporting: The Case of Croatian Listed Manufacturing Companies

Cited by 9 publications

References 8 publications

Non-Financial Information in Hotel Companies

Non-Financial Information in Hotel Companies

Corporate Governance and Carbon Emission Disclosures: Evidence from Sri Lanka

Sustainability and Corporate Social Responsibility in accounting

Contact Info

Product

Resources

About