Recent ethical lapses by business organizations and their management suggest that traditional governance requirements have had less than the desired effect. Legislated disclosure alone is insufficient as it provides reactionary guidance that fails to address performance issues since rules can be circumvented and financial data can be tweaked to reflect its most favorable presentation. The research evaluated sustainability reporting as an additional resource for reporting on ethical performance and addressed the question of whether companies that demonstrate ethical leadership through best in class sustainability reporting performed better than their peers in terms of value creation.2006). The result is a coherent system for reporting economic, social and environmental performance that is consistent with existing financial reporting guidelines (Gauthier, 2005). While the AA1000S standards are reflected within the GRIanbsp;...
|Title||:||A Study of the Market's Reaction to Superior Sustainability Reporting as Demonstrated by the Financial Performance of Publicly Traded Companies|
|Author||:||Derek A. D'Angela|
|Publisher||:||ProQuest - 2008|