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Accounting, Financing and Governing Global Sustainability for Businesses and Societies

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (31 August 2021) | Viewed by 8435

Special Issue Editors


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Guest Editor
Centre for Research in Accounting, Accountability and Governance (CRAAG), University of Southampton, Southampton SO17 1BJ, UK
Interests: accounting, finance, governance, development and sustainability; accounting and governance (corporate governance and financial reporting, market-based accounting research); accountability, ethics, and sustainability (social and environmental accounting, corporate social responsibility, and sustainability accounting and reporting); finance and development (corporate finance, market-based finance research and financial economics, development finance)
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
School of Accountancy, Massey Business School, Massey University, 11 222 Palmerston North, New Zealand
Interests: financial accounting and reporting; accounting standards setting; public sector accounting; accounting in emerging markets

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Guest Editor
College of Business Administration, Zayed University, , P.O. Box 144534 Abu Dhabi, United Arab Emirates
Interests: corporate governance; international accounting; microfinance

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Guest Editor
Centre for Research in Accounting, Accountability and Governance (CRAAG), Department of Accounting, Southampton Business School, University of Southampton, SO17 1BJ Southampton, UK
Interests: market-based accounting research; financial reporting/disclosure and auditing; corporate governance; accountability; social and environmental responsibility; public sector accounting, auditing and accountability; and critical perspectives on accounting and finance

Special Issue Information

Dear Colleagues, 

Ensuring sustainable use and management of the globe’s rapidly reducing social, economic and environmental resources has, and continues to be, one of the most pressing issues of the 21st century. In particular, the need for businesses and organisations to engage with global and national sustainable initiatives and reforms, ranging from the 1997 Kyoto protocol to the 2016 Paris Climate Change Agreement have become increasingly paramount. However, whilst literature relating to some aspects of sustainability, such as corporate social responsibility has been developed, studies addressing broader sustainability issues encompassing environment, including climate change, social, governance, economic, and finance ones, especially within the accounting and finance research context have yet to emerge. Therefore, this special issue seeks to extend, as well as offer new insights relating to global sustainability within an Accounting, Finance and Governance (AFG) disciplinary research context. Specifically, the special issue seeks to elicit all types of sustainability research, including, but not limited to:     

  • Accounting, financing and governing sustainability
  • Accounting, financing and governing sustainable supply chains
  • Accounting, financing and governing modern slavery
  • Sustainable executive compensation mechanisms and practices
  • Climate change, climate finance, climate bonds, green bonds, green finance
  • Climate change accounting, carbon accounting, greenhouse gas (GHG) accounting, reporting and disclosures
  • Corporate boards, gender and sustainability
  • Sustainability performance, reporting/reports and disclosures
  • Corporate social responsibility
  • Financial technology (fintech) and sustainability. In particular, crypto currencies and bitcoin mining, water consumption, energy consumption and carbon or GHG emissions
  • Social and environmental accounting
  • Interactions among governance, sustainability and development
  • Interactions among corporate governance, sustainability and performance or firm value
  • Concepts, ethics and theories of sustainability
  • Conceptual, ethical and theoretical frameworks of sustainability
  • All types of review studies relating to sustainability, including critical literature reviews, metanalyses, normative literature reviews, and systematic literature reviews, amongst others.

Prof. Dr. Collins Ntim
Dr. Dimu Ehalaiye
Dr. Ernest Gyapong
Dr. John Kalimilo Malagila
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Accounting
  • Finance
  • Governance
  • Sustainability

Published Papers (1 paper)

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Research

17 pages, 2000 KiB  
Article
Mandatory ESG Reporting and XBRL Taxonomies Combination: ESG Ratings and Income Statement, a Sustainable Value-Added Disclosure
by Alessio Faccia, Francesco Manni and Fabian Capitanio
Sustainability 2021, 13(16), 8876; https://0-doi-org.brum.beds.ac.uk/10.3390/su13168876 - 09 Aug 2021
Cited by 14 | Viewed by 6821
Abstract
Corporate financial statements address multiple stakeholders’ needs. International Financial Reporting Standards (IFRSs), among others, allow two different classifications, “by function of expense” and “by nature of expense”, for the statement of profit and loss and other comprehensive income for the period (from now [...] Read more.
Corporate financial statements address multiple stakeholders’ needs. International Financial Reporting Standards (IFRSs), among others, allow two different classifications, “by function of expense” and “by nature of expense”, for the statement of profit and loss and other comprehensive income for the period (from now on, also identified in short as “Income Statement”, or “IS”). XBRL standards ensure compliance and consistency in financial statements’ drafting and filing. XBRL taxonomies reflect the Income Statement IFRS disclosure requirement in the {310000} and {320000} codifications, respectively. Given the recent EU enhanced regulations that proposed extend mandatory ESG reporting to SMEs, this study aims to design and recommend an additional Income Statement to embed structured Environmental, Social, and Governance (ESG) disclosure. A restatement of the IS is organised following an adjusted Value-Added perspective to fit the purpose of sustainability disclosure. The above-mentioned Income Statement should be suitable and adaptable for entities of any size and operating in any industry. This goal can be achieved through customised input weighting. Therefore, this applied research can fill a current financial ESG disclosure gap, ensuring financial statements’ comparability and encouraging additional mandatory disclosures through standardisation. Two more items in the XBRL (IFRS-based) structure are suggested, leading to the introduction of one fully structured statement “{330000}—Statement of comprehensive income, profit or loss, by Added Value, ESG based” and a semi-structured “{814000}—Notes—ESG Ratings and Reporting” to better discuss and disclose the assumptions and results of the ESG Statement. Full article
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