Issues in Social and Environmental Accounting (ISEA)
type: channel
description: About ICSEARD The International Center for Social and Environmental Accounting Research and Development (ICSEARD) focuses on research, rating, training, and publication activities in social and environmental accounting. The center supports scientific development, practical application, and the dissemination of research related to sustainability, accountability, and corporate social responsibility. Issues in Social and Environmental Accounting (ISEA) Issues in Social and Environmental Accounting (ISEA) is an international peer-reviewed journal published by the International Center for Social and Environmental Accounting Research and Development (ICSEARD). The journal welcomes empirical and theoretical papers in the field of social and environmental accounting, including corporate social responsibility, sustainability reporting, corporate governance, accountability, and ethical issues in financial and managerial practices. ISEA serves academics, researchers, practitioners, and policy makers concerned with sustainability and social responsibility.
publisher: International Center for Social and Environmental Accounting Research and Development (ICSEARD)
language: en
publication name: Issues in Social and Environmental Accounting (ISEA)
items: Governance Meets the Global Goals: Board Characteristics and SDG Reporting
items: Data Visualization: The Impact on The Communication of Financial and Non-Financial Information to Stakeholders
items: Sustainability Reporting Practices of Corporations in African Countries (Nigeria and Rwanda)
items: Governance and Waqf Institutional Effectiveness: A Systematic Review and Conceptual Framework
items: Advancing Sustainability, Governance, and Accountability in Contemporary Accounting Research
items: Corporate Environmental Responsibility: Capitalism, Legitimacy, and Ecological Harm Through the Lens of Green Criminology
items: The Role of Corporate Social Responsibility (CSR) in Mitigating Tax Evasion: A Comparative Study of Multinational Corporations
items: The Role of Social Entrepreneurship in Addressing Climate Change: An Analysis of Innovative Business Models
items: Value Relevance of Climate Change Risks: A Canadian Study
items: Analyzing Risk: Developing Resilience and Adaptability in The Dynamic Business Environment
items: The Evolving Landscape of Corporate Environmental and Social Responsibility: A Critical Examination
items: Board Structures and Financial Performance of UK Top Firms: An Investigation of the Moderating Role of the Directors’ Compensation
items: Eco-Efficiency and Sustainable Development as Efforts to Produce Environmentally Friendly Product: An Exploratory Case Study
items: A Critical Analysis of Social Responsibility Practices in Alcohol Advertising Campaigns
items: The Relation between Sustainable Innovation Strategy and Financial Performance Mediated By Environmental Performance
items: Accountability and Control: Canada’s First Nations Reporting Requirements
items: The Effects of Boards Composition, Rewards and Ownerships on Intellectual Capital Efficiency of Banks in Nigeria
items: The Influence of Talent Factors on Business Performance
items: Competitive Strategy and Sustainable Performance: The Application of Sustainable Balanced Scorecard
items: The Association between Organisational Commitment And Corporate Social Responsibility-Environmental Performance Within an Integrated Sustainability Balanced Scorecard Framework
items: Environmental Management Systems (EMS) ISO 14001 Implementation in Construction Industry: A Malaysian Case Study
items: Proposed Model ForIndustrial Waste Management Practices and Its Impact on Organisational Performance
items: Environmental and Sustainability Management Accounting (EMA) for The Development of Sustainability Management and Accountability
items: The Indonesian Executives Perspective of CSR Practices
items: Contribution of Marine Protected Areas in Fisheries Governance in South Mediterranean
items: Exploring Environmental Disclosure in Selected Australian Multinationals under the GRI Guidelines
items: Corporate Social Responsibility and Environmental Concerns in Nigeria: A Critical Focus on Oil Producing Communities
items: Are Non-Financial (CSR) Reports Trustworthy? A Study of The Extent to Which Non-Financial Reports Reflect the Media’ Perception of The Company’s Behaviour
items: The Association Between Corporate Social Responsibility And Corporate Financial Performance
items: The Impact of Corporate Social Responsibility Information Richness on Trust

Governance Meets the Global Goals: Board Characteristics and SDG Reporting
type: item
description: As sustainability gains prominence in corporate reporting, attention has turned to how governance structures influence such disclosures. Despite this, the extent and determinants of Sustainable Development Goals (SDG) disclosure in emerging markets remain underexplored. This study investigates the influence of board characteristics on SDG disclosure among companies listed on Bursa Malaysia, using the Upper Echelons Theory (UET) as a theoretical foundation. It specifically examines the role of board size, directors’ age, and educational background. Data were collected through content analysis of annual, sustainability, and integrated reports from 145 consumer product and service companies listed on the Main Market, covering the period from 2018 to 2022. Regression analysis was conducted using the Statistical Package for the Social Sciences (SPSS). The results reveal that board size and age have a significant positive impact on SDG disclosure, suggesting that larger and older boards may contribute to greater sustainability engagement due to broader perspectives and experience. However, educational background does not show a significant effect, implying that formal qualifications alone may not drive sustainability practices. This study contributes to the growing literature on corporate sustainability and governance by offering empirical evidence on how board-level attributes influence strategic SDG reporting and by extending the application of UET to the context of SGDs disclosure. The findings also offer practical insights for regulators and listed companies in strengthening board governance to support more effective sustainability reporting and greater alignment with the SDGs.
subject: Articles
  topic: section
subject: Board Characteristics, SDG Disclosure, Upper Echelons Theory, Corporate Governance, Sustainability use
  topic: keywords
creator: Allezawati binti Ismail
creator: Aida Maria binti Ismail2
creator: Rizwana binti Md Yusof
rights: Copyright (c) 2026
date: 2026-03-31
publication date: 2026-03-31
starting page: 54
ending page: 66

Data Visualization: The Impact on The Communication of Financial and Non-Financial Information to Stakeholders
type: item
description: This article aims to discuss the impact of data visualization on the communication of financial and non-financial information to stakeholders. Data visualization plays a crucial role ineffectively communicating both financial and non-financial information. This article review will explore on the benefits as well as some of the imperfections of data visualization. By reviewing some of the existing literature, research, and articles, this article review can provide a foundation for understanding the theoretical underpinnings of data visualization and its application in stakeholder communication. The findings were that information, when presented visually, is much more effective in communicating certain data as compared to traditional reporting. Stakeholders are found out to be much more engaged, leading to better decision making towards the organizational success. However, there are also challenges of the presentations that affected the stakeholder’s information acquisition such as framing effect. The article review found out that stakeholders that are utilizing data visualizations such as charts, dashboard and heatmaps indicate a high perceived ease of use. Therefore, organizations should offer trainings as well as tech-support to bolster the level of adoption. This article review provide insight that data visualization can present good value towards stakeholders’communication. Stakeholders are able to appreciate organizations, turning complex data to be much more accessible and easier to digest. Thus increased the level of understanding of the organization’s performance holistically.
subject: Articles
  topic: section
subject: Data Visualization, Stakeholder Communication, Financial Information, Non Financial Information, Decision Making and Organizational Performance
  topic: keywords
creator: Vani Tanggamani
creator: Azlina Rahimi, Muhammad Faris Hidayat , Adibah Jamaluddin
rights: Copyright (c) 2026
date: 2026-03-31
publication date: 2026-03-31
starting page: 48
ending page: 53

Sustainability Reporting Practices of Corporations in African Countries (Nigeria and Rwanda)
type: item
description: This study examined the level of awareness, adoption, and compliance with InternationalFinancial Reporting Standards (IFRS) Sustainability Disclosure Standards—specifically IFRS S1 and IFRS S2—among corporations in Africa, with evidence from Nigeria and Rwanda. Using cross-sectional survey research techniques, data were collected from stakeholders across the financial reporting value chain. A total of 134 valid responses were analysed using descriptive statistics and Partial Least Squares Structural Equation Modelling (PLS-SEM). The findings reveal a high level of general compliance with IFRS standards, reflecting the formal adoption of IFRS in both countries. The results further indicate that African companies are fairly compliant with IFRS sustainability standards, although sustainability reporting (IFRS S1) practices are more established than climate-specific disclosures (IFRS S2). Structural model results show that both sustainability reporting compliance and climate reporting compliance have significant positive effects on overall IFRS compliance, with sustainability reporting compliance exerting the stronger influence. The study also identifies several challenges to effective implementation, including reporting complexity, high compliance costs, data and information management issues among others. The study concludes that while IFRS sustainability standards adoption in Africa is progressing, targeted capacity-building initiatives, regulatory support, and infrastructural development are required to enhance compliance, particularly with climate-related disclosures.
subject: Articles
  topic: section
subject: africa; climate reporting; IFRS compliance; nigeria; rwanda sustainability reporting
  topic: keywords
creator: Abubakar S. Kasum
creator: Desmond Mwangi, Segun Abogun, Abdulrafiu O. Aliu, Adeyemi S. Sopekan
rights: Copyright (c) 2026
date: 2026-03-31
publication date: 2026-03-31
starting page: 19
ending page: 47

Governance and Waqf Institutional Effectiveness: A Systematic Review and Conceptual Framework
type: item
description: Waqf institutions are increasingly expected to contribute to social welfare, economic development, education, healthcare, and community wellbeing. However, the institutional value of waqf depends not only on the existence of endowed assets, but also on whether those assets are governed through clear, accountable, and effective institutional arrangements. Existing waqf governance studies have examined issues such as regulation, accountability, management, and digitalization, yet these dimensions are often discussed separately, leaving limited synthesis on how governance collectively explains waqf institutional effectiveness. This study addresses the gap by conducting a systematic literature review of Scopus-indexed journal articles published between 2019 and 2025. Using a structured title-based search and PRISMA-guided screening process, 108 initial records were identified, 54 articles were retained after filtering, and 21 articles were included in the final review. The review shows that waqf governance is shaped by four interconnected dimensions: regulation, accountability, management, and digitalization. Regulation provides legal and institutional clarity, management reflects operational execution capacity, digitalization supports traceability and administrative visibility, while accountability converts governance arrangements into stakeholder trust, transparency, and institutional credibility. The study contributes by reframing waqf governance as an integrated governanceeffectiveness framework rather than a set of isolated administrative concerns. It further proposes accountability as a connecting mechanism through which regulation, management, and digitalization become meaningful for waqf institutional effectiveness. The findings provide a con ceptual foundation for future empirical testing and offer practical guidance for waqf regulators, mutawalli, nazhir, and policymakers seeking to strengthen waqf governance and institutional performance.
subject: Articles
  topic: section
subject: Accountability; Digital waqf; Systematic literature review; Waqf governance; Waqf institutional effectiveness
  topic: keywords
creator: Abd Hadi Mustaffa
creator: Roslina Abdul Rahim
rights: Copyright (c) 2026
date: 2026-03-31
publication date: 2026-03-31
starting page: 1
ending page: 18

Advancing Sustainability, Governance, and Accountability in Contemporary Accounting Research
type: item
description: This editorial introduces Volume 20, Issue 1 (2026) of Issues in Social and Environmental Accounting (ISEA), highlighting recent developments in sustainability, governance, accountability, and corporate reporting. The issue presents five scholarly contributions examining the implementation of IFRS Sustainability Disclosure Standards in emerging economies, the role of data visualization in enhancing financial and sustainability reporting, the influence of board characteristics on Sustainable Development Goal (SDG) disclosure, the relationship between CEO leadership, internal audit, and real earnings management, and governance effectiveness within waqf institutions. Collectively, these studies demonstrate the growing integration of sustainability into accounting, corporate governance, financial transparency, technological innovation, and institutional accountability. The editorial emphasizes that addressing contemporary environmental, social, and governance (ESG) challenges requires interdisciplinary perspectives that combine accounting, governance, information systems, and public policy. It concludes by reaffirming the journal's commitment to advancing high-quality research that supports responsible decision-making, sustainable development, and improved governance practices across diverse organizational and institutional contexts.
subject: Articles
  topic: section
creator: Hasan Fauzi
rights: Copyright (c) 2026
date: 2026-03-31
publication date: 2026-03-31

Corporate Environmental Responsibility: Capitalism, Legitimacy, and Ecological Harm Through the Lens of Green Criminology
type: item
description: This paper explores Corporate Environmental Responsibility (CER) through the lens of green criminology, offering a novel perspective on how capitalist-driven industrial activities contrib ute to environmental degradation. Integrating insights from the Treadmill of Production (ToP) and Legitimacy theories, it argues that the relentless pursuit of profit accelerates ecological harm through resource extraction (ecological withdrawal) and pollution (ecological addition). These activities heighten global sustainability challenges, including climate change, biodiversi ty loss, and resource scarcity. Companies increasingly adopt CER practices not merely as vol untary environmental stewardship but as a strategic response to legitimacy risks arising from these ecological impacts. By positioning themselves as environmentally responsible, organiza tions aim to maintain public trust, reduce regulatory scrutiny, and align with stakeholder expec tations. This paper contributes to the literature by offering a theoretical understanding of CER's origin, situating it within broader global environmental concerns, and emphasizing CER's role in mitigating ecological and reputational risks in energy-intensive sectors.
subject: Articles
  topic: section
subject: corporate environmental responsibility, green criminology, treadmill of production, capitalism, legitimacy, ecological harm
  topic: keywords
creator: Redvin Bilu, Haslinda Yusoff, Intan Salwani Mohamed
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04
starting page: 87
ending page: 97

The Role of Corporate Social Responsibility (CSR) in Mitigating Tax Evasion: A Comparative Study of Multinational Corporations
type: item
description: Corporate Social Responsibility (CSR) has become a central concept in the corporate sector, particularly for multinational corporations (MNCs). As global business operations have become more complex, scrutiny of corporate practices, especially regarding tax obligations, has intensified. This study examines the role of CSR in mitigating tax evasion among MNCs, focusing on how various CSR practices influence tax compliance behaviour. Although extensive research has addressed CSR's impact on corporate reputation, there is a notable gap in understanding how CSR specifically addresses tax evasion, particularly within diverse regulatory environments. Employing a qualitative methodology that includes case studies, interviews, and document analysis, this study provides comprehensive insights into the motivations and outcomes of CSR initiatives related to tax evasion. A comparative analysis of selected MNCs indicates that those with robust CSR frameworks tend to demonstrate lower instances of tax evasion, suggesting that CSR can deter unethical tax practices. These findings underscore the importance of transparency in CSR reporting, stakeholder engagement, and the integration of tax strategies within CSR frameworks. This study further highlights the significance of regulatory frameworks in enhancing CSR effectiveness and considers the potential impact of technological advancements on the future of CSR and tax compliance. The implications for theory, policy, and practice are discussed, emphasising the necessity for MNCs to prioritise ethical tax behaviour as part of their CSR commitments. Future research directions include longitudinal studies, cross-industry and cross-regional comparative analyses, and investigations of emerging technologies to promote transparency and accountability in tax practices.
subject: Articles
  topic: section
subject: Corporate Social Responsibility (CSR); Multinational corporations (MNCs); Tax evasion; socially responsible companies; Tax compliance
  topic: keywords
creator: Gadang Setyardi
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04
starting page: 61
ending page: 86

The Role of Social Entrepreneurship in Addressing Climate Change: An Analysis of Innovative Business Models
type: item
description: Social entrepreneurship plays a significant role in addressing climate change by integrating innovative business models with social objectives. This study investigates the contributions of social entrepreneurship to climate change mitigation through case studies and diverse business model examples. It identifies the factors that contribute to social enterprises' success in overcoming environmental challenges and examines the obstacles they encounter. The research further evaluates the impact of social entrepreneurship on communities and ecosystems, utilising empirical data and illustrative examples to demonstrate its potential for positive transformation. The research design incorporates a mixed-methods approach, utilising both qualitative and quantitative data sources, including interviews, surveys, and secondary data analysis. Key findings indicate that social enterprises effectively engage communities, employ innovative financing mechanisms, and leverage technology to enhance their impact. The study highlights the importance of supportive policies, stakeholder collaboration, and skill development for social entrepreneurs. Recommendations for future research include conducting longitudinal studies, cross-regional comparisons, examining the role of technology, and integrating interdisciplinary perspectives. By elucidating the role of social entrepreneurship in combating climate change, this study advances the understanding of sustainable business and offers valuable insights for practitioners, policymakers, and researchers.
subject: Articles
  topic: section
subject: Climate change;Collaborative approach; Community impact; Environmental sus tainability; Innovative business models; Social entrepreneurship; Sustainable solutions.
  topic: keywords
creator: Halim Shuhaimi Yeop Johari, Syed Iskandar Zulkarnain Sayd Idris, Hasan Fauzi
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04
starting page: 34
ending page: 60

Value Relevance of Climate Change Risks: A Canadian Study
type: item
description: The objective of this study is to examine whether shareholders value the climate change risk disclosures firms communicate in their annual reports. The risks associated with climate change voluntarily disclosed by companies were identified based on the annual reports of 210 firms included in the S&P/TSX Composite Index. The value relevance of this information was then examined with a regression model founded on Ohlson’s model (1995). The results of the analyses tend to show that, with the exception of market risks, very few of the disclosed risks appear to be relevant to shareholders. This may possibly be explained by the very generic information content of these disclosures. These results enable us to conclude that Canadian companies’ voluntary disclosures on climate change in their current state contain very little informational content and appear to be more symbolic in nature. The study’s findings raise doubts and questions about the informational contributions of these disclosures in their current format. Since they focus on the impact that climate change may have on the company (i.e., financial materiality), there is reason to question their informational contributions in relation to the information that shareholders can obtain from the media, government institu tions or other sources of external information.
subject: Articles
  topic: section
subject: Climate change; Informational content; Risks, Disclosures; Value-relevance
  topic: keywords
creator: Sylvie Berthelot, Michel Coulmont, Anne Marie Gosselin
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04
starting page: 13
ending page: 33

Analyzing Risk: Developing Resilience and Adaptability in The Dynamic Business Environment
type: item
description: This study explores the critical role of understanding risk and defining it as the process of identifying, assessing, and evaluating potential risks. Resilience and adaptability, characterized by absorptive, adaptive, and restorative capacities, are discussed as interconnected concepts. The coal-based electricity generation company, Kapar Energy Ventures Sdn Bhd, is used to illustrate the practical implementation of risk analysis, particularly in light of environmental, social, and governance (ESG) challenges to enhance decision-making, competitive advantages, sustainable business practices, increase stakeholder confidence and business continuity. Sustainability is explored in the context of risk management, emphasizing the link between risk management and sustainable practices. The challenges faced by KEVSB in transitioning from coal-based energy to renewable sources are acknowledged, with a recognition that extensive investments are required for full sustainability. Business continuity is presented as closely related to risk analysis, with both complementing each other in ensuring organizational resilience. However, organizational resilience and adaptability go beyond risk analysis and encompass organizational culture, leadership, planning, and change management. Building resilience requires a comprehensive approach that considers investing in employees, fostering innovation, building relationships, and maintaining financial flexibility contribute to organizational resilience and adaptability.
subject: Articles
  topic: section
subject: adaptability; building resilience; environmental,risk analysis; governance (ESG); sustainability social, and
  topic: keywords
creator: Abdul Raof Basir, Adibah Jamaluddin, Vani Tanggamani
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04
starting page: 1
ending page: 12

The Evolving Landscape of Corporate Environmental and Social Responsibility: A Critical Examination
type: item
description: Climate change is no longer a distant threat; it is an immediate reality that poses significant risks to economies, ecosystems, and societies worldwide. In Canada, the implications of climate change are particularly pronounced, with rising temperatures and extreme weather events affecting everything from agriculture to urban infrastructure. A study published by the Canadian Institute for Climate Choices (2021) highlights that climate-related risks could cost the Canadian economy between CAD 21 billion to CAD 43 billion annually by 2050 if no action is taken. These figures underscore the urgency for businesses and policymakers to incorporate climate risk assessments into their strategic planning. Furthermore, the role of financial markets in reflecting these risks is crucial; as investors increasingly seek to understand the long-term viability of their portfolios, companies that fail to address climate risks may find themselves at a competitive disadvantage. This editorial note serves as a call to action for stakeholders to recognise the value relevance of climate change risks in their decision-making processes, thereby fostering a more resilient and sustainable future for all Canadians.
subject: Articles
  topic: section
creator: Hasan Fauzi
rights: Copyright (c) 2026 ICSEARD
date: 2026-01-04
publication date: 2026-01-04

Board Structures and Financial Performance of UK Top Firms: An Investigation of the Moderating Role of the Directors’ Compensation
type: item
description: Although several studies have empirically investigated the connection between corporate governance structures and financial performance, evidence from the literature indicates that findings from these studies are inconsistent, hence inconclusive. In this light, some scholars suggest that the inconsistency in the findings could be an indication that there is factor(s) moderating the relationship between the two variables. For this reason, we investigate how corporate board structures relate to financial performance and the effect of directors’ financial compensation on such relationship using samples of the UK top firms. The findings of the study suggest that board composition is positively associated with financial performance (Tobin q). Other than that, the study also indicates that the effect of directors’ financial compensation interacts positively with board composition to influence financial performance. By implication, this finding demonstrates that financial rewards to the outside directors play an inevitable role in influencing the relationship between corporate board and financial performance.
subject: Articles
  topic: section
subject: Board composition, board leadership, corporate governance, directors’ financial compensation, tobin q, United Kingdom.
  topic: keywords
creator: James O. Alabede, Tony Muff
rights: Copyright (c) 2015 ICSEARD
date: 2015-12-12
publication date: 2015-12-12
starting page: 219
ending page: 234

Eco-Efficiency and Sustainable Development as Efforts to Produce Environmentally Friendly Product: An Exploratory Case Study
type: item
description: The issue of climate change, global warming and environmental damage caused by the production process lead to many changes in manufacturing technology, in the understanding of environmental concern or environmental awareness. Eco-efficiency is a concept that requires companies to concern the environment, and is then forwarded to the concept of sustainable development which requires current generations think and act for not passing the environmental damage to future generations. This study was aimed to answer whether a go-international company has environmental awareness, how they understand, interpreted, and applied these eco efficiency and sustainable development concepts. The research methodology used is Yin’s non positivist exploratory case study research in PT. Semen Indonesia. The results showed that although the company has already understood and implemented eco-efficiency, and other environmental friendly program, such as Japanese 5’ S (Seiri, Seiton, Seiso, Seiketsu, and Shitsuke mean Tidiness, Orderliness, Cleanliness, Standardization, and Discipline); Triple Bottom Line (Profit, People and Planet), and other programs. The implementation of such programs leads to the application of sustainable development concept. The research’s implications is academically it will enrich management accounting literature by introducing environmental-based management accounting, and push academicians to restructure the content of management accounting subject as well as it will inform companies to aware to possible environmental problem in their production process.
subject: Articles
  topic: section
subject: eco-efficiency, environmental accounting, sustainable development.
  topic: keywords
creator: B. Basuki
rights: Copyright (c) 2015 ICSEARD
date: 2015-12-06
publication date: 2015-12-06
starting page: 199
ending page: 218

A Critical Analysis of Social Responsibility Practices in Alcohol Advertising Campaigns
type: item
description: Culture plays a role in creating young alcoholics and has been at the center of debates about the impact of alcohol advertising on patterns of consumption. This research addressed the impact of alcohol advertising on local culture and its social implications in a developing economy. Stakeholders, including young people and marketing representatives from an alcohol producer in Country X, were examined to determine their perspectives of the use of alcohol advertising strategies. The findings were consistent with previous academic research and expectancy theory that indicate alcohol advertising can influence the normative behavior of young persons and their attitudes toward the use of alcohol. That is, alcohol producers can only claim to be socially responsible if their marketing strategies considers the concerns of the wider community. The Country X alcohol producer in this study, this claim requires organizational change to make the company more closely aligned to industry best practices.
subject: Articles
  topic: section
subject: Advertising, alcohol, expectancy theory, normative behavior, social responsibility.
  topic: keywords
creator: Sue-Ann Best
rights: Copyright (c) 2015 ICSEARD
date: 2015-12-02
publication date: 2015-12-02
starting page: 184
ending page: 198

The Relation between Sustainable Innovation Strategy and Financial Performance Mediated By Environmental Performance
type: item
description: This study aims to examine the relationship of sustainable innovation strategy and financial performance through the mediation environmental performance. The hypothesis in this study is sustainable innovation strategy affect the financial performance which is mediated by environ mental performance. This study is quantitative research in the explanatory level. The population of this study is all the manufacturer companies in East Java. The data is collected through ques tionnaire. The unit of analysis is a business unit. The respondent of this study is the manager of a business unit manufacturing company in East Java. The results showed that the environmental performance mediates partially the relation between sustainable innovation strategy and finan cial performance.
subject: Articles
  topic: section
subject: sustainable innovation strategy, financial performance, environmental perfor mance.
  topic: keywords
creator: Hariyati , Bambang Tjahjadi
rights: Copyright (c) 2015 ICSEARD
date: 2015-08-12
publication date: 2015-08-12
starting page: 146
ending page: 180

Accountability and Control: Canada’s First Nations Reporting Requirements
type: item
description: This paper explores the accountability relationship between the Government of Canada and First Nations Bands arising from Program Devolution. Reporting requirements associated with this relationship have been characterized in a 2002 Report of the Auditor General of Canada as burdensome and of little use to many of the First Nations communities that are compelled to meet them. This study examines the reporting requirements used in the Auditor General’s re port and drawing on institutional theory and accountability literature develops a theoretically informed argument positioning Program Devolution, as it was practiced, as a colonizing under taking that undermines self-government.
subject: Articles
  topic: section
subject: First Nations, Accountability, Reporting, Institutional Theory, Aboriginal, Indige nous, Self-government.
  topic: keywords
creator: Ron Baker, Bettina Schneider
rights: Copyright (c) 2015 ICSEARD
date: 2015-08-08
publication date: 2015-08-08
starting page: 117
ending page: 145

The Effects of Boards Composition, Rewards and Ownerships on Intellectual Capital Efficiency of Banks in Nigeria
type: item
description: This paper examines the impact of corporate governance mechanisms on intellectual capital efficiency (ICE) of Nigerian Banks. The data for the study were generated from the audited financial statements of the sample banks for the period of 11 year (2003 - 2013). The study adopted Value Added Intellectual Co-Efficient (VAIC) methodology which includes three ICE components: human capital efficiency, structural capital efficiency and capital employed effi ciency. Corporate governance mechanisms considered in this study are Boards Composition, Managerial Rewards, and Ownership Structure. The study controls for the return on equity and leverage of banks. The regression results show that the corporate governance attributes consid ered in this study are good indicators of (ICE) because their impact are positively and signifi cantly at less than 1% with R-square of 58% and adj R-square of 55%. Also the two control variables are significantly related with intellectual capital efficiency. This implies that corpo rate governance have significant impact on ICE of firms in the Nigerian banking industry. Therefore, the study recommends that board should acquire political skills which are necessary to effective governance. In order to improve ICE, board should make it as their responsibility to develop and sustain healthy relationships and maintain open, two-way communication with all constituencies of staff in order to incite their IC towards organization’s success.
subject: Articles
  topic: section
subject: Banks, Corporate Governance mechanisms, Intellectual Capital efficiency, Nigeria.
  topic: keywords
creator: Muhammad Aminu Isa, C
rights: Copyright (c) 2015 ICSEARD
date: 2015-08-03
publication date: 2015-08-03
starting page: 103
ending page: 116

The Influence of Talent Factors on Business Performance
type: item
description: To contribute to the debate concerning performance measurement, this study investigated some talent factors that can influence business performance of Indonesian finance industry and to provide a framework by which business leaders could assess their current management capa bilities. Using purposive sampling, 56 finance companies listed on Indonesia Stock Exchange in 2012 were selected. Corporate governance aspects were measured by employing 12 talent factors and business performance was measured using profit per employee, revenue per em ployee, and market capitalization per employee. 12 hypotheses were tested using multiple re gression analysis. The authors concluded on 2 things. Firstly, the greater the number of audit committee members, the higher the profit per employee and secondly, higher remuneration for directors and commissioners induced better business performance, as measured by three indi cators. However, larger number of employees worsens profit per employee, revenue per em ployee, and market capitalization per employee.
subject: Articles
  topic: section
subject: Business performance, corporate governance, market capitalization per em ployee, profit per employee, revenue per employee, talent factors.
  topic: keywords
creator: Fanny Soewignyo, Tonny Irianto Soewignyo
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-20
publication date: 2015-04-20
starting page: 76
ending page: 99

Competitive Strategy and Sustainable Performance: The Application of Sustainable Balanced Scorecard
type: item
description: To survive in such a highly competitive market, hotels have to sustain better-than-average per formance over time. However, the empirical research on the ways and means of improving sustainable hotel performance, specifically in developing countries like Indonesia, is scant. This study aims to help fill the knowledge gap of Indonesian hotel managers by providing em pirical evidence on how competitive strategy could play a role in improving hotel sustainable performance (HSP). The Sustainable Balanced Scorecard (SBSC) approach was used to meas ure HSP based on financial, customer, internal business process, learning and growth, and so cial and environmental perspectives. A mixed methods research approach was used to test the relationships among the above mentioned variables. Online survey and in-depth interviews were used to collect data. The quantitative data were analysed using Partial Least Square (PLS). The results revealed that competitive strategy, particularly in the form of differentiation, had a significant influence on HSP
subject: Articles
  topic: section
subject: competitive strategy, sustainable performance, Sustainable Balanced Scorecard
  topic: keywords
creator: Riana Sitawati , Lanita Winata, Lokman Mia
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-16
publication date: 2015-04-16
starting page: 51
ending page: 75

The Association between Organisational Commitment And Corporate Social Responsibility-Environmental Performance Within an Integrated Sustainability Balanced Scorecard Framework
type: item
description: This study investigates whether organisational commitment is associated with organisation s‘CSR performance within sustainability aspects of their internal process. A structural equation model (SEM) tested two sequential direct associations between: (1) senior management em ployees‘ affective and continuance organisational commitment and organisations‘ conventional value-creating internal processes; (2) conventional value-creating internal processes and or ganisations‘ CSR performance within sustainability value-creating internal process. The SEM results show an indirect association between affective commitment and CSR performance within sustainability value-creating internal process, which is mediated by the conventional value-creating internal processes. The findings support an integrated sustainability internal process within a sustainability balanced scorecard (SBSC) as depicted in Kaplan and Norton‘s strategy map. Organisations may develop internal processes that promote CSR outcome char acteristics when employees possess higher levels of affective organisational commitment. Fu ture research could investigate a broader range of environmental outcomes within CSR per formance.
subject: Articles
  topic: section
subject: organisational commitment, strategy map, corporate social responsibility, sustain ability balanced scorecard
  topic: keywords
creator: Kirsten Rae, John Sand, David Gadenne
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-12
publication date: 2015-04-12
starting page: 32
ending page: 50

Environmental Management Systems (EMS) ISO 14001 Implementation in Construction Industry: A Malaysian Case Study
type: item
description: This study seeks to explore the crucial part in EMS implementation; i.e. environmental aspects and impacts, Good Environmental Practice to be developed in construction site, as well as the level of awareness or understanding amongst site staffs on ISO 14001 EMS implementation in their organizations. Data were collected via interviews, surveys and site visits. A number of environmental aspects and impacts, and Good Environmental Practices based on ISO 14001:2004 have been identified. The level of understanding of the site staffs on ISO 14001 EMS requirements has been found to be good except for matters concerning Schedule Waste Management. In conclusion, the successful implementation of ISO 14001 EMS mainly de pends on staffs‘ understanding.
subject: Articles
  topic: section
subject: ISO 14001, EMS, Environment, Construction
  topic: keywords
creator: Sumiani Yusoff, Ridwan Nordin, Haslinda Yusoff
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-08
publication date: 2015-04-08
starting page: 18
ending page: 31

Proposed Model ForIndustrial Waste Management Practices and Its Impact on Organisational Performance
type: item
description: Due to environment protection issue, waste management becomes one of important factors in maintaining organization sustainability. In developed country, a growing number of companies began to integrate the pro environment practices, such as waste management practices, into their business strategy. In contrast, the implementation of waste management practices by business organizations in developing country, like Indonesia, is still rare. Waste generated by industries is greater than the capacity to manage this volume of waste. This poses a problem that leads to improper disposal of waste and pollution. This study aims to design a research model which investigates the relation of institutional environment including cognitive, regula tory, and normative element; manager environmental attitudes, worker environmental attitudes, environmental policy, strategic waste management practices, and financial performance.
subject: Articles
  topic: section
subject: Awareness, compliance, organizational commitment, waste management
  topic: keywords
creator: Suzy Noviyanti, Yefta Andi Kus Noegroho, Jony Oktavian Haryanto, Lanita Winata
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-06
publication date: 2015-04-06
starting page: 5
ending page: 17

Environmental and Sustainability Management Accounting (EMA) for The Development of Sustainability Management and Accountability
type: item
description: This guest editorial provides an overview of the key themes and contributions presented in a special issue on Environmental and Sustainability Management Accounting (EMA). The authors highlight the role of EMA and Environmental Management Systems (EMS) in supporting organisations—both in developed and developing countries—to improve sustainability performance through measuring environmental impacts, increasing awareness, enhancing internal processes, and informing strategic decision-making. The editorial summarises five studies that collectively explore how internal and external organisational factors influence environmental practices, CSR performance, and financial outcomes. These studies employ a variety of theoretical frameworks—including sustainability balanced scorecards, strategy orientation models, and corporate governance perspectives—and use different methodologies across diverse national contexts. The editors conclude that EMA and EMS provide valuable tools for advancing sustainability management, and the insights from these papers contribute to expanding theoretical understanding and identifying future research opportunities in environmental and sustainability accounting.
subject: Articles
  topic: section
subject:
  topic: keywords
  value: Environmental Management Accounting (EMA) Sustainability Management Environmental Management Systems (EMS) Corporate Social Responsibility (CSR) Sustainability Balanced Scorecard (SBSC) Environmental Performance Organisational Performance Sustainability Reportin
creator: John Sands , Ki-Hoon Lee
rights: Copyright (c) 2015 ICSEARD
date: 2015-04-02
publication date: 2015-04-02
starting page: 1
ending page: 4

The Indonesian Executives Perspective of CSR Practices
type: item
description: The objective of this study is to investigate the CSR (Corporate Social Responsibility) practices after the issuance of the government regulation as the implementation guideline of the CSR as stipulated in the law no.40/2007 through business players’ interviews. Using the semi structured interviews with Indonesian executives/informants of Indonesian companies, this study found that CSR practices have been viewed as philanthropic activities of companies with all the consequences that follow: shareholder as the most important stakeholder, reporting CSR practice as means to have public image and no need to have any standard to prepare CSR prac tice reporting. Given the findings, there is a need to redefine CSR based on the intention to maintain good relationship with stakeholders and to have the integrated management system to help management well interact with them in market and non-market mechanism.
subject: Articles
  topic: section
subject: CSR practice, informants, executives, Indonesia.
  topic: keywords
creator: Hasan Fauzi
rights: Copyright (c) 2014 ICSEARD
date: 2014-12-12
publication date: 2014-12-12
starting page: 171
ending page: 181

Contribution of Marine Protected Areas in Fisheries Governance in South Mediterranean
type: item
description: When studying fishing activities in south Mediterranean, particularly in Algeria, we face the particular case of coastal territory. The high dependence of human activities on marine territo ries and their resources is always related to the high level of conflicts, between fishing actors and other stakeholders, generated by some conservation projects. The aim of this paper is to highlight and illustrate the approach of MPAs (Marine Protected Areas) governance and their role in conserving biodiversity, in order to clarify their economic, social and environmental impacts on human activities such as fishing. This paper defends the flowing thesis: in the long term, protection could reduce conflicts, contribute to sustainable management of fisheries and improve the welfare of fishers’ community.
subject: Articles
  topic: section
subject: Governance, MPA, Fisheries, Conservation, Sustainable management, South Medi terranean, Algeria, Taza.
  topic: keywords
creator: Said Chaouki CHAKOUR, Asma CHAKER
rights: Copyright (c) 2014 ICSEARD
date: 2014-12-08
publication date: 2014-12-08
starting page: 156
ending page: 170

Exploring Environmental Disclosure in Selected Australian Multinationals under the GRI Guidelines
type: item
description: This paper explores changes in environmental reporting among Australian MNEs between 2004 and 2007, using the GRI guidelines, and explains how GRI transformation (from G2 to G3) leads to changes in environmental disclosure aspects along with their association with company size, profitability, industry sector. Applying Wilcoxon matched pair signed ranked and Spearman rank correlation tests, twenty companies from the Australian SAM Sustainability Index (AuSSI) are examined to identify the extent of changes on specific aspects of environ mental disclosure. The findings of the paper document a significant increase in environmental reporting in Australian companies. In particular, reporting has increased for energy, emissions and environmental management followed by water, overall, materials, transport and product/ services aspects. However, a shift in emphasis from compliance and biodiversity aspects asso ciated with climate changes and resource preservation is also evident. Again, the majority of changes occurred in companies operating in environmentally sensitive industries with industry sector having significant relationship with a few environmental disclosure aspects, the study shows no significant effect of company size and profitability on different environmental disclo sure aspects. These evidences indicate that external forces (such as, legislation, industry sensi tiveness to environment, and stakeholder awareness and pressure) rather than internal factors are more effective to influence and determine environmental disclosure in Australian compa nies
subject: Articles
  topic: section
subject: Australian MNEs; environmental reporting; GRI guidelines; legislation and eco nomic benefits, sustainability
  topic: keywords
creator: Omar Al Farooque, Bernice Kotey, Helena Ahulu
rights: Copyright (c) 2014 ICSEARD
date: 2014-12-03
publication date: 2014-12-03
starting page: 137
ending page: 156

Corporate Social Responsibility and Environmental Concerns in Nigeria: A Critical Focus on Oil Producing Communities
type: item
description: A well-known fact about the Nigerian Niger Delta region is incessant conflicts between the Oil Transnational Corporations and the oil producing communities. This could be attributed to the fact that the activities of Oil TNCs have continued to unleash untold devastation on the envi ronment of the oil producing communities and its consequences on the local economy and by extension the total obliteration of the livelihood of the inhabitants of the area. Therefore, the Oil TNCs are increasingly becoming conscious of their devastating impact on the ecology of the area and their blatant disregard for the socio-economic development of the host communi ties. Consequently, the Oil TNCs have come to embrace the idea of executing Corporate Social Responsibility (CSR) projects as a vehicle to intervene meaningfully in order to mitigate the adverse effects of their operations on the environments of the host communities. This paper attempts to review and analyze CSR practices of the two major Oil TNCs in Bayelsa State: Shell and Agip in six host communities: Olugboboro, Olugbobiri, Ikebiri 1, Oporoma, An giama, and Peremabiri in Southern Ijaw local government area. The key question explored in this study is: has the practice of CSR in the Nigerian Niger Delta region by Oil TNCs brought about socio-economic development and drastic reduction in conflict between the host commu nities and the Oil TNCs? The paper argues that CSR projects of transnational oil corporations in Nigeria are driven by short-term expediency rather than the long term environmental devel opmental needs of host communities through the provision of poor quality social amenities to these communities in order to secure social license to operate. For transnational oil corpora tions to make positive impact in the Nigerian Niger Delta Region, their CSR projects should be long tern in nature, taking into consideration the sustainable development needs of the local communities. The CSR projects should be in the form o…
subject: Articles
  topic: section
subject: Transnational Oil Corporation, Corporate Social Responsibility, Niger Delta Re gion, Oil Producing Communities, Sustainable Development, Environmental De velopment
  topic: keywords
creator: Kabiru Isa Dandago , Love Obiani Arugu
rights: Copyright (c) 2014 ICSEARD
date: 2014-08-13
publication date: 2014-08-13
starting page: 104
ending page: 115

Are Non-Financial (CSR) Reports Trustworthy? A Study of The Extent to Which Non-Financial Reports Reflect the Media’ Perception of The Company’s Behaviour
type: item
description: This study examines the strategies companies have adopted in their CSR or non-financial re porting when responding to media criticism related to poor CSR performance. Seven compa nies operation internationally and which have been criticized for irresponsible behavior (like environmental spills, child labor, poor working conditions, corruption, etc.) are identified. The Wilson response model, "Philosophy of Social Responsiveness," which suggests four distinct corporate responses to criticism (Reaction, Defense, Accommodation and Proaction), is ap plied. These four responses occupy a continuum with ‘low response’ on one end and ‘encompassing response’ on the other end. The findings reveal that, in contrast to the Wilson model, which proposes various degrees of response engagement, companies adopted an either/ or response strategy (0-1). They either ignore the criticism (0) or, if they recognize the criti cism (1), they respond in all four of the categories suggested by Wilson. Six of the companies chose the 1 approach. The remaining company chose the 0 response; ignoring the criticism. The 0 response strategy is not presented as an option in the Wilson model, but it is clearly an alternative that companies can take into consideration when evaluating and choosing strategies for non-financial reporting.
subject: Articles
  topic: section
subject: Criticism, CSR, media, non-financial reporting, responsiveness, scandal, Wilson model
  topic: keywords
creator: Caroline D Ditlev-Simonsen
rights: Copyright (c) 2014 ICSEARD
date: 2014-08-15
publication date: 2014-08-15
starting page: 116
ending page: 133

The Association Between Corporate Social Responsibility And Corporate Financial Performance
type: item
description: The objectives of this study is to investigate the association between CSR and Corporate Fi nancial Performance (CFP). This study investigates 800 firms listed on Indonesian Stock Ex change in 2010 - 2012. Financial performance is measured by accounting-based approach and stock-market-based approach. While, CSR practices is measured by Corporate Social Disclo sure Index (CSRDI). Thus, the association was analyzed under multivariate linear regression by considering time difference. Firm size, growth, and risk are included as control variables. This study finds: (1) CSR provides positive impact on the financial performance until one next period; (2) financial performance measured by ROA influence positively CSR only the next two years; (3) there is significant positive relationship between firm size and CSR. The paper has implications in enhancing the understanding of company performance through understand ing the association between CSR and CFP.This may increase the understanding of the associa tion between CSR and CFP. The findings of this study contribute to the literature and regulator on CSR.
subject: Articles
  topic: section
subject: Corporate Social Responsibility, corporate financial performance, sustainability
  topic: keywords
creator: Adrian Himawan Santoso, Yie Ke Feliana
rights: Copyright (c) 2014 ICSEARD
date: 2014-08-06
publication date: 2014-08-06
starting page: 82
ending page: 103

The Impact of Corporate Social Responsibility Information Richness on Trust
type: item
description: Corporate Social Responsibility (CSR) is a concept that describes the relationship between company and society. The way a company portrays corporate ethics and social initiatives can evoke strong positive reactions among consumers. The emergence of Internet creates a new communicating culture and gives an idea for a company to deliver their CSR message. Apply ing Media Richness Theory (MRT) in CSR message is believed could facilitate trust among consumer. Thus, this study aims to examine the impact of different level of CSR information richness with consumers trust towards the company. This study divides trust into three compo nents that are competence, benevolence and integrity. An experimental design consisting of different levels of CSR information is selected (rich CSR information, lean CSR information and no CSR information as a control condition). The finding shows that rich CSR information has impacted on competence and integrity but not on benevolence. Result from this study is believed can assist companies in setting up their CSR communicating strategy in engaging con sumers’ trust.
subject: Articles
  topic: section
subject: corporate social responsibility, trust, media richness theory, competence, benevo lence, integrity
  topic: keywords
creator: Rafeah Mat Saat, Mohamad Hisyam Selamat
rights: Copyright (c) 2014 ICSEARD
date: 2014-08-02
publication date: 2014-08-02
starting page: 67
ending page: 81