The Governance of Corporate Sustainability in the Middle East: Preliminary Insights
This paper explores the extent to which companies incorporate best practices for the governance of sustainability in the Middle East. The empirical content in this paper is based on the analysis of company’s disclosures in the annual and sustainability reports of fifteen companies from the Middle Ea...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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CSRC Publishing
2020-06-01
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| Series: | Journal of Business and Social Review in Emerging Economies |
| Subjects: | |
| Online Access: | http://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1219 |
| _version_ | 1811278391490379776 |
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| author | Zeeshan Mahmood Maha Faisal Alsayegh |
| author_facet | Zeeshan Mahmood Maha Faisal Alsayegh |
| author_sort | Zeeshan Mahmood |
| collection | DOAJ |
| description | This paper explores the extent to which companies incorporate best practices for the governance of sustainability in the Middle East. The empirical content in this paper is based on the analysis of company’s disclosures in the annual and sustainability reports of fifteen companies from the Middle East that are listed in the S&P/Hawkamah Pan Arab ESG Index. The research presented in this paper shed the light on some of the practices currently being employed in Middle Eastern companies to govern and manage their sustainability strategies. This study found that top Middle Eastern companies are catching up the global best practices in incorporating sustainability into some structures and processes. However, sustainability governance structures and processes where middle eastern companies are lagging include sustainability committee at board-level, sustainability related mission, vision and values, sustainability assurance, sustainability related trainings and separate sustainability department. In addition, this paper provide several illustrations of how top middle eastern companies are exhibiting sustainability governance structures and processes in their sustainability reports. This information can be used to better understand the state of play of sustainability governance in the middle east and can inform the policy makers for the possibility of regulation in this area. This research is equally beneficial for companies and managers in benchmarking their practices against sustainability leaders and to learn how to embed sustainability into their business practices. |
| first_indexed | 2024-04-13T00:34:55Z |
| format | Article |
| id | doaj.art-d4fdfcf6c99e48e89a6f7698b9d19cd3 |
| institution | Directory Open Access Journal |
| issn | 2519-089X 2519-0326 |
| language | English |
| last_indexed | 2024-04-13T00:34:55Z |
| publishDate | 2020-06-01 |
| publisher | CSRC Publishing |
| record_format | Article |
| series | Journal of Business and Social Review in Emerging Economies |
| spelling | doaj.art-d4fdfcf6c99e48e89a6f7698b9d19cd32022-12-22T03:10:22ZengCSRC PublishingJournal of Business and Social Review in Emerging Economies2519-089X2519-03262020-06-0162The Governance of Corporate Sustainability in the Middle East: Preliminary InsightsZeeshan Mahmood0Maha Faisal Alsayegh1Assistant Professor, Department of Commerce, Bahauddin Zakariya University,Multan, Pakistan,Department of Accounting, Faculty of Economics and Administration,King Abdulaziz University, Jeddah 21589, Saudi ArabiaThis paper explores the extent to which companies incorporate best practices for the governance of sustainability in the Middle East. The empirical content in this paper is based on the analysis of company’s disclosures in the annual and sustainability reports of fifteen companies from the Middle East that are listed in the S&P/Hawkamah Pan Arab ESG Index. The research presented in this paper shed the light on some of the practices currently being employed in Middle Eastern companies to govern and manage their sustainability strategies. This study found that top Middle Eastern companies are catching up the global best practices in incorporating sustainability into some structures and processes. However, sustainability governance structures and processes where middle eastern companies are lagging include sustainability committee at board-level, sustainability related mission, vision and values, sustainability assurance, sustainability related trainings and separate sustainability department. In addition, this paper provide several illustrations of how top middle eastern companies are exhibiting sustainability governance structures and processes in their sustainability reports. This information can be used to better understand the state of play of sustainability governance in the middle east and can inform the policy makers for the possibility of regulation in this area. This research is equally beneficial for companies and managers in benchmarking their practices against sustainability leaders and to learn how to embed sustainability into their business practices.http://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1219Sustainability Governance, Corporate Governance, Corporate Sustainability, S&P/Hawkamah Pan Arab ESG Index, Content Analysis, Middle East |
| spellingShingle | Zeeshan Mahmood Maha Faisal Alsayegh The Governance of Corporate Sustainability in the Middle East: Preliminary Insights Journal of Business and Social Review in Emerging Economies Sustainability Governance, Corporate Governance, Corporate Sustainability, S&P/Hawkamah Pan Arab ESG Index, Content Analysis, Middle East |
| title | The Governance of Corporate Sustainability in the Middle East: Preliminary Insights |
| title_full | The Governance of Corporate Sustainability in the Middle East: Preliminary Insights |
| title_fullStr | The Governance of Corporate Sustainability in the Middle East: Preliminary Insights |
| title_full_unstemmed | The Governance of Corporate Sustainability in the Middle East: Preliminary Insights |
| title_short | The Governance of Corporate Sustainability in the Middle East: Preliminary Insights |
| title_sort | governance of corporate sustainability in the middle east preliminary insights |
| topic | Sustainability Governance, Corporate Governance, Corporate Sustainability, S&P/Hawkamah Pan Arab ESG Index, Content Analysis, Middle East |
| url | http://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/1219 |
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