Work

The drivers of the integration of the sustainable development goals into the non‐financial information system: Individual and joint analysis of their influence

Year: 2021

Type: article

Abstract: In response to recent calls about the need to improve the current understanding of what drives SDG reporting, this paper analyzes the individual and joint effect of a broad array of factors on the integration of the sustainable development goals (SDGs) into the non‐financial information system. Using a sample made up of 1535 international companies for the period 2015–2017, we examine the extent to which both external and internal factors affect SDG reporting as well as the role played by two influential actors in corporate decision‐making (i.e., the CEO and the board of directors) in promoting this disclosure strategy. The results indicate that institutional pressures at the country level, firm size and incentives associated with the monitoring of financial analysts and the demands of investors, together with the specialisation and size of the board of directors are, in this order, drive the level of integration of the SDGs into the non‐financial information system. In the absence of these factors, the training of the CEO in sustainability issues is the main determinant of SDG reporting.

Source: Sustainable Development

DOI: 10.1002/sd.2246

Authors: Isabel‐María García‐Sánchez, Beatriz Aibar‐Guzmán, Cristina Aibar‐Guzmán, Francisco‐Manuel Somohano‐Rodríguez

Institutions: Universidad de Salamanca, Universidade de Santiago de Compostela, Universidad de Cantabria

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,500

Funders: Ministerio de Ciencia, Innovación y Universidades, Consejería de Educación, Junta de Castilla y León, Universidad de Salamanca, European Regional Development Fund