Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework
Non-financial reporting has become a concern of managers because companies are evaluated financially, but also social. The objective of this paper is to show the degree of observance of the items within the Global Reporting Initiative (GRI), the understanding of the ESG dimension (environmental, soc...
| Format: | Article |
|---|---|
| Language: | English |
| Published: |
Chamber of Financial Auditors of Romania
2020-04-01
|
| Series: | Audit Financiar |
| Subjects: | |
| Online Access: |
http://revista.cafr.ro/temp/Article_9639.pdf
|
| _version_ | 1818126623803703296 |
|---|---|
| collection | DOAJ |
| description | Non-financial reporting has become a concern of managers because companies are evaluated financially, but also social. The objective of this paper is to show the degree of observance of the items within the Global Reporting Initiative (GRI), the understanding of the ESG dimension (environmental, social and governance) and the conformity of the sustainability reports with G4 GRI Standards, of the Romanian companies indexed on the official website of the Global Reporting Initiative (GRI). Thus, to achieve this objective, were analysed the companies indexed on the official website of the Global Reporting Initiative (GRI). The research method used is based on awarding scores for the level of compliance of the reports with a rating grid developed from the literature review. The case study highlighted three types of isomorphisation mechanisms: coercive, normative and the mimetic isomorphism mechanism, in order to produce sustainability reports. The study demonstrates the growing tendency of companies to publish sustainability reports in line with GRI Standards every year. |
| first_indexed | 2024-12-11T07:04:25Z |
| format | Article |
| id | doaj.art-61be5614a3ec46dd9b7a65e98d24b22f |
| institution | Directory Open Access Journal |
| issn | 1844-8801 |
| language | English |
| last_indexed | 2024-12-11T07:04:25Z |
| publishDate | 2020-04-01 |
| publisher | Chamber of Financial Auditors of Romania |
| record_format | Article |
| series | Audit Financiar |
| spelling | doaj.art-61be5614a3ec46dd9b7a65e98d24b22f2022-12-22T01:16:31ZengChamber of Financial Auditors of RomaniaAudit Financiar1844-88012020-04-011815836137510.20869/AUDITF/2020/158/3619639Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual FrameworkNon-financial reporting has become a concern of managers because companies are evaluated financially, but also social. The objective of this paper is to show the degree of observance of the items within the Global Reporting Initiative (GRI), the understanding of the ESG dimension (environmental, social and governance) and the conformity of the sustainability reports with G4 GRI Standards, of the Romanian companies indexed on the official website of the Global Reporting Initiative (GRI). Thus, to achieve this objective, were analysed the companies indexed on the official website of the Global Reporting Initiative (GRI). The research method used is based on awarding scores for the level of compliance of the reports with a rating grid developed from the literature review. The case study highlighted three types of isomorphisation mechanisms: coercive, normative and the mimetic isomorphism mechanism, in order to produce sustainability reports. The study demonstrates the growing tendency of companies to publish sustainability reports in line with GRI Standards every year. http://revista.cafr.ro/temp/Article_9639.pdf esg; gri; isomorphism; non-financial reporting; romania |
| spellingShingle | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework Audit Financiar esg; gri; isomorphism; non-financial reporting; romania |
| title | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework |
| title_full | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework |
| title_fullStr | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework |
| title_full_unstemmed | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework |
| title_short | Analysis on the Compliance of Sustainability Reports of Romanian Companies with GRI Conceptual Framework |
| title_sort | analysis on the compliance of sustainability reports of romanian companies with gri conceptual framework |
| topic | esg; gri; isomorphism; non-financial reporting; romania |
| url |
http://revista.cafr.ro/temp/Article_9639.pdf
|