Factors influencing the environmental accounting disclosure practices for sustainable development: A systematic literature review

https://doi.org/10.35912/ijfam.v5i2.1365
Published: Sep 14, 2023

Abstract:

Purpose: This study aims to synthesize a testable conceptual framework that illustrates the link between various factors and environmental accounting disclosure practices.

Research methodology: A systematic review approach was used to examine publications published from 2001 to 2023. Only the referenced studies were employed as secondary data to identify the factors for synthesizing the conceptual framework.

Results: Most publications were studies on emerging nations and showed an expanding trend in disclosures. The findings showed that firm size, profitability, leverage, industry type, and ownership are critical motivators of environmental accounting disclosure (EADs). Moreover, this study summarizes the intriguing concerns not addressed through a conceptual framework. This indicates a possible hypothetical link between these factors for future studies on EADs. Future reviews could boost firms' EADs to help society achieve clean and healthy environments.

Originality: The two conceptual frameworks proposed in this study provide new insights into future research and management ramifications.

Keywords:
1. Systematic review
2. Determinants
3. Environmental accounting disclosures
4. Sustainable development
Authors:
1 . Md. Saheb Ali Mondal
School of Business, Ahsanullah University of Science and Technology and Bangladesh University of Professionals, Dhaka, Bangladesh
2 . Nazma Akter
School of Business, Ahsanullah University of Science and Technology, Dhaka, Bangladesh
3 . Mohammad Rashed Hasan Polas
Department of Business Administration, Sonargaon University (SU), Dhaka, Bangladesh
View PDF
How to Cite
Mondal, M. S. A. ., Akter, N. ., & Polas, M. R. H. (2023). Factors influencing the environmental accounting disclosure practices for sustainable development: A systematic literature review. International Journal of Financial, Accounting, and Management, 5(2), 195–213. https://doi.org/10.35912/ijfam.v5i2.1365
Download Citation
  1. Endnote/Zotero/Mendeley (RIS)
  2. BibTeX

Downloads

Download data is not yet available.
Issue & Section
Vol. 5 No. 2 (2023): September
Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

References

    Abdul Rahman, S. A., Yusoff, R., & Wan Mohamed, W. N. (2009). Environmental disclosure and financial performance: An empirical study of Malaysia, Thailand, and Singapore. Social and Environmental Accountability Journal, 29(2).

    Afrin, S., Sehreen, F., Polas, M. R. H., & Sharin, R. (2020). Corporate Social Responsibility (CSR) practices of financial institution in Bangladesh: the case of United Commercial Bank. Journal of Sustainable Tourism and Entrepreneurship, 2(2), 69-82.

    Ahmad, Z., Hassan, S., & Mohammad, J. (2003). Determinants of Environmental Reporting in Malaysia. International Journal of Business Studies, 11(1).

    Akanno, S. N., Che, F., Radda, A., & Uzodinma, I. (2015). Patterns of corporate social and environmental disclosure in Nigeria. International Journal of Business and Finance Management Research, 3(8), 71-82.

    Akrout, M. M., & Othman, H. B. (2013). A study of the determinants of corporate environmental disclosure in MENA emerging markets. Journal of Reviews on Global economics, 2, 46.

    Akrout, M. M., & Othman, H. B. (2016). Ownership structure and environmental disclosure in Mena emerging countries. Corporate Ownership & Control, 13(4), 381-388.

    Ali, W., Frynas, J. G., & Mahmood, Z. (2017). Determinants of corporate social responsibility (CSR) disclosure in developed and developing countries: A literature review. Corporate Social Responsibility and Environmental Management, 24(4), 273-294.

    Ali, W., Wilson, J., & Husnain, M. (2022). Determinants/motivations of corporate social responsibility disclosure in developing economies: A survey of the extant literature. Sustainability, 14(6), 3474.

    Alsaeed, K. (2006). The association between firm?specific characteristics and disclosure: The case of Saudi Arabia. Managerial auditing journal.

    Annumeet, & Singh, S. (2017). Corporate Environmental Disclosure Practices and Its Association with Corporate Value: A Review. International Journal of Research in Management, Economics and Commerce, 7(10), 38-44.

    Anoke, A. F., Onu, A. N., & Agagbo, O. C. (2022). Managerial Competencies and Growth of Small and Medium Enterprise (SMEs) in Abuja Metropolis, Nigeria. International Journal of Financial, Accounting, and Management, 4(3), 255-268.

    Baalouch, F., Ayadi, S. D., & Hussainey, K. (2019). A study of the determinants of environmental disclosure quality: evidence from French listed companies. Journal of Management and Governance, 23, 939-971.

    Baldini, M., Maso, L. D., Liberatore, G., Mazzi, F., & Terzani, S. (2018). Role of country-and firm-level determinants in environmental, social, and governance disclosure. Journal of Business Ethics, 150, 79-98.

    Barako, D. G. (2007). Determinants of voluntary disclosures in Kenyan companies annual reports. African journal of business management, 1(5).

    Bhatia, A., & Makkar, B. (2020). Stage of development of a country and CSR disclosure–the latent driving forces. International Journal of Law and Management, 62(5), 467-493.

    Bhuiyan, M. N. U., Hossain, S., & Akther, F. (2017). Environmental reporting practices and it's relationship with corporate characteristics: An evidence from manufacturing companies listed in Dhaka Stock exchange. The Cost and Management: The Journal of the Institute of Cost and Management Accountants of Bangladesh, 45(1), 3-11.

    Boura, M., Tsouknidis, D. A., & Lioukas, S. (2020). The role of pro?social orientation and national context in corporate environmental disclosure. European Management Review, 17(4), 1027-1040.

    Brammer, S., & Pavelin, S. (2008). Factors influencing the quality of corporate environmental disclosure. Business Strategy and the Environment, 17(2), 120-136.

    Broadstock, D. C., Collins, A., Hunt, L. C., & Vergos, K. (2018). Voluntary disclosure, greenhouse gas emissions and business performance: Assessing the first decade of reporting. The British accounting review, 50(1), 48-59.

    Buniamin, S., Alrazi, B., Johari, N. H., & Rahman, N. R. A. (2011). Corporate governance practices and environmental reporting of companies in Malaysia: Finding possibilities of double thumbs up. Jurnal Pengurusan, 32(2011), 55-71.

    Burgwal, D. v. d., & Vieira, R. J. O. (2014). Environmental disclosure determinants in Dutch listed companies. Revista Contabilidade & Finanças, 25, 60-78.

    Cacciotti, G., & Hayton, J. C. (2015). Fear and entrepreneurship: A review and research agenda. International Journal of Management Reviews, 17(2), 165-190.

    Chen, Y.-C., Hung, M., & Wang, Y. (2018). The effect of mandatory CSR disclosure on firm profitability and social externalities: Evidence from China. Journal of accounting and economics, 65(1), 169-190.

    Christensen, D. M. (2016). Corporate accountability reporting and high-profile misconduct. The accounting review, 91(2), 377-399.

    Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2008). Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis. Accounting, organizations and society, 33(4-5), 303-327.

    Cormier, D., Magnan, M., & Van Velthoven, B. (2005). Environmental disclosure quality in large German companies: economic incentives, public pressures or institutional conditions? European Accounting Review, 14(1), 3-39.

    D'Amico, E., Coluccia, D., Fontana, S., & Solimene, S. (2016). Factors influencing corporate environmental disclosure. Business Strategy and the Environment, 25(3), 178-192.

    Dal Maso, L., Mazzi, F., Soscia, M., & Terzani, S. (2018). The moderating role of stakeholder management and societal characteristics in the relationship between corporate environmental and financial performance. Journal of environmental management, 218, 322-332.

    Damak-Ayadi, S. (2009). Some determinants of social and environmental disclosures in annual reports by French firms. Accounting and management information systems, 8(3), 324-351.

    Denyer, D., Tranfield, D., Buchanan, D., & Bryman, A. (2009). The Sage handbook of organizational research methods. Reference and Research Book News, 24(3), 776.

    El Fallahi, F., Ibenrissoul, A., & Adil, E. (2022). Does Innovation Play a Role in the Relationship Between Corporate Social and Financial Performance? A Systematic Literature Review. International Journal of Financial, Accounting, and Management, 4(3), 315-334.

    Feng, S., & Gao, L. S. (2020). The verbal tone in mandatory environmental disclosures: evidence from changes in disclosures following SEC guidance. Social and Environmental Accountability Journal, 40(2), 116-139.

    Fifka, M. S. (2013). Corporate responsibility reporting and its determinants in comparative perspective–a review of the empirical literature and a meta?analysis. Business Strategy and the Environment, 22(1), 1-35.

    Fontana, S., D'Amico, E., Coluccia, D., & Solimene, S. (2015). Does environmental performance affect companies’ environmental disclosure? Measuring Business Excellence, 19(3), 42-57.

    Fortanier, F., Kolk, A., & Pinkse, J. (2011). Harmonization in CSR reporting: MNEs and global CSR standards. Management international review, 51, 665-696.

    Fuadah, L. L., Saftiana, Y., Kalsum, U., & Arisman, A. (2021). Factors Influencing Environmental Disclosure: A Case Study of Manufacturing Companies in Indonesia. Factors Influencing Environmental Disclosure: A Case Study of Manufacturing Companies in Indonesia, 8(9), 1-11.

    Geerts, M., Dooms, M., & Stas, L. (2021). Determinants of sustainability reporting in the present institutional context: The case of port managing bodies. Sustainability, 13(6), 3148.

    Gong, Y., & Ho, K.-C. (2018). Does corporate social responsibility matter for corporate stability? Evidence from China. Quality & quantity, 52, 2291-2319.

    Gray, R., Javad, M., Power, D. M., & Sinclair, C. D. (2001). Social and environmental disclosure and corporate characteristics: A research note and extension. Journal of business finance & accounting, 28(3?4), 327-356.

    Gumbo, L., Margaret, M., & Chagwesha, M. (2022). Personal Financial Management Skills Of University Students and Their Financial Experiences During The Covid-19 Pandemic. International Journal of Financial, Accounting, and Management, 4(2), 129-143.

    Hamrouni, A., Uyar, A., & Boussaada, R. (2020). Are corporate social responsibility disclosures relevant for lenders? Empirical evidence from France. Management decision, 58(2), 267-279.

    Hawlader, M. R., Rana, M. M., Kalam, A., & Polas, M. R. H. (2021). Consideration of workers’ opinion in the decision-making process in the RMG Sector: Evidence from Bangladesh. Journal of Sustainable Tourism and Entrepreneurship, 2(4), 267-282.

    Hummel, K., & Schlick, C. (2016). The relationship between sustainability performance and sustainability disclosure–Reconciling voluntary disclosure theory and legitimacy theory. Journal of accounting and public policy, 35(5), 455-476.

    Iqbal, M., Sutrisno, T., Assih, P., & Rosidi, R. (2013). Effect of environmental accounting implementation and environmental performance and environmental information disclosure as mediation on company value. International Journal of Business and Management Invention, 2(10), 55-67.

    Isaifan, R. J., & Kooli, C. (2022). Highlights on the unavoidable impact of climate change on public health policy (Vol. 2022, pp. 6): HBKU Press Qatar.

    Ismail, H., Saleem, M. A., Zahra, S., Tufail, M. S., & Ali, R. A. (2021). Application of global reporting initiative (GRI) principles for measuring quality of corporate social responsibility (CSR) disclosure: Evidence from Pakistan. Sustainability, 13(20), 11409.

    Jackson, G., Bartosch, J., Avetisyan, E., Kinderman, D., & Knudsen, J. S. (2020). Mandatory non-financial disclosure and its influence on CSR: An international comparison. Journal of Business Ethics, 162, 323-342.

    Joshi, P. L., Suwaidan, M. S., & Kumar, R. (2011). Determinants of environmental disclosures by Indian industrial listed companies: empirical Study. International Journal of Accounting and Finance, 3(2), 109-130.

    Juhmani, O. I. (2013). Ownership structure and corporate voluntary disclosure: Evidence from Bahrain. International Journal of Accounting and Financial Reporting, 3(2), 133.

    Kamal, Y., & Deegan, C. (2013). Corporate social and environment?related governance disclosure practices in the textile and garment industry: Evidence from a developing country. Australian Accounting Review, 23(2), 117-134.

    Khan, A., Muttakin, M. B., & Siddiqui, J. (2013). Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy. Journal of Business Ethics, 114, 207-223.

    Khan, I., Khan, I., & Senturk, I. (2019). Board diversity and quality of CSR disclosure: evidence from Pakistan. Corporate Governance: The International Journal of Business in Society.

    Khandelwal, A., & Chaturvedi, A. (2021). Environmental Accounting Disclosures and Financial Performance in India. Recent Advances in Fields of Accounting, Finance and Management.

    Kooli, C., lock Son, M., & Beloufa, I. (2022). Business ethics in the era of COVID 19: How to protect jobs and employment rights through innovation. Avicenna, 2022(2), 7.

    Kuncara, W. A. (2022). The influence of Whistleblowing System and internal control on fraud prevention at PT Pos Indonesia (Persero) Bandung City. International Journal of Financial, Accounting, and Management, 4(2), 101-113.

    Li, Y., Gong, M., Zhang, X.-Y., & Koh, L. (2018). The impact of environmental, social, and governance disclosure on firm value: The role of CEO power. The British accounting review, 50(1), 60-75.

    Maama, H. (2021). Institutional environment and environmental, social and governance accounting among banks in West Africa. Meditari Accountancy Research, 29(6), 1314-1336.

    Makori, D. M., & Jagongo, A. (2013). Environmental accounting and firm profitability: An empirical analysis of selected firms listed in Bombay stock exchange, India. International Journal of Humanities and Social Science, 3(18), 248-256.

    Matuszak, ?., Ró?a?ska, E., & Macuda, M. (2019). The impact of corporate governance characteristics on banks’ corporate social responsibility disclosure: Evidence from Poland. Journal of Accounting in Emerging Economies.

    Mehedy, S. R., Sajib, H. M., & Karim, R. (2018). Environmental reporting practices of listed companies in Bangladesh. International Journal of Academic Research in Accounting, Finance and Management Sciences, 8(3), 178-193.

    Mohammad, W. M. W., & Wasiuzzaman, S. (2021). Environmental, Social and Governance (ESG) disclosure, competitive advantage and performance of firms in Malaysia. Cleaner Environmental Systems, 2, 100015.

    Mondal, M. S. A. (2021). Efficiency and Productivity Measurement for Sustainability of Selected Textile Companies in Bangladesh: An Application of Data Envelopment Analysis.

    Monteiro, A., Cepêda, C., & Silva, A. (2022). EU Non-Financial Reporting Research. International Journal of Financial, Accounting, and Management, 4(3), 335-348.

    Muttakin, M. B., Khan, A., & Subramaniam, N. (2015). Firm characteristics, board diversity and corporate social responsibility: evidence from Bangladesh. Pacific Accounting Review.

    Muttanachai, S., & Stanton, P. (2012). Determinants of environmental disclosure in Corporate Annual Reports. International Journal of Accounting and Financial Reporting, 2(1), 99-115.

    Nguyen, T. D. (2020). Factors influencing environmental accounting information disclosure of listed enterprises on Vietnamese stock markets. The Journal of Asian Finance, Economics and Business, 7(11), 877-883.

    Nijmeijer, K. J., Fabbricotti, I. N., & Huijsman, R. (2014). Making franchising work: A framework based on a systematic review. International Journal of Management Reviews, 16(1), 62-83.

    O’Dwyer, B. (2011). The case of sustainability assurance: Constructing a new assurance service. Contemporary Accounting Research, 28(4), 1230-1266.

    Polas, M. R. H., Tabash, M. I., Jahanshahi, A. A., & Schmitt, V. G. H. (2022). Ethical decision-making practices in SMEs: the role of risk acceptance and confidence level. International Journal of Business Governance and Ethics, 16(4), 437-462.

    Qian, W., Tilt, C., & Belal, A. (2021). Social and environmental accounting in developing countries: Contextual challenges and insights. Accounting, auditing & accountability journal, 34(5), 1021-1050.

    Qiu, Y., Shaukat, A., & Tharyan, R. (2016). Environmental and social disclosures: Link with corporate financial performance. The British accounting review, 48(1), 102-116.

    Rahaman, A. S., Lawrence, S., & Roper, J. (2004). Social and environmental reporting at the VRA: institutionalised legitimacy or legitimation crisis? Critical Perspectives on Accounting, 15(1), 35-56.

    Rosadi, Y. M. R., & Barus, I. S. L. (2022). The Effect of Time Budget Pressure and Auditor’s Competency on Audit Quality. International Journal of Financial, Accounting, and Management, 4(3), 241-254.

    Saha, A. K., & Akter, S. (2012). Relationship between environmental reporting in corporate annual reports & corporate profitability in Bangladesh. Independent Business Review, 5(2), 91-111.

    Sekhon, A. K., & Kathuria, L. M. (2020). Analyzing the impact of corporate social responsibility on corporate financial performance: evidence from top Indian firms. Corporate Governance: The International Journal of Business in Society, 20(1), 143-157.

    Selim, S. (2018). Environmental compliance opportunities in the Bangladeshi ready made garments industry: Lessons from the green high achievers. Economic Dialogue on Green Growth Project, Adam Smith International, Dhaka.” Shahpar Selim, 7.

    Seneviratne, S. C., & Gunawardane, S. (2022). Modernization practices and Operating Models: An Empirical Study on a Retail Bank in Sri Lanka. International Journal of Financial, Accounting, and Management, 4(2), 183-198.

    Shil, N. C., & Iqbal, M. (2005). Environmental disclosure–a Bangladesh perspective.

    Sikder, S., Rana, M. M., & Polas, M. R. H. (2021). Service Quality Dimensions (SERVQUAL) and Customer Satisfaction towards Motor Ride-Sharing Services: Evidence from Bangladesh. Annals of Management and Organization Research, 3(2), 97-113.

    Sisay, A., & Liku, M. (2022). Supply Chain Management Practice and Its Impact on Performance of Humanitarian Relief Organization in Case of Gedeo Zone. International Journal of Financial, Accounting, and Management, 4(3), 269-284.

    Smith, M., Yahya, K., & Marzuki Amiruddin, A. (2007). Environmental disclosure and performance reporting in Malaysia. Asian Review of Accounting, 15(2), 185-199.

    Solikhah, B., Puteri, A. A., Sarwono, E., Ulupui, I., & Al-Faryan, M. A. S. (2021). Improving Understanding on Determinant of Environmental Disclosure and Moderating Effect of Corporate Governance. Academy of Strategic Management Journal, 20(2).

    Steinisch, M., Yusuf, R., Li, J., Rahman, O., Ashraf, H. M., Strümpell, C., . . . Loerbroks, A. (2013). Work stress: Its components and its association with self-reported health outcomes in a garment factory in Bangladesh—Findings from a cross-sectional study. Health & place, 24, 123-130.

    Stumbitz, B., Lewis, S., & Rouse, J. (2018). Maternity management in SMEs: A transdisciplinary review and research agenda. International Journal of Management Reviews, 20(2), 500-522.

    Suileek, H. A., & Alshurafat, H. (2022). The determinants of environmental accounting disclosure: a review of the literature. Explore Business, Technology Opportunities and Challenges? After the Covid-19 Pandemic, 463-477.

    Sun, N., Salama, A., Hussainey, K., & Habbash, M. (2010). Corporate environmental disclosure, corporate governance and earnings management. Managerial auditing journal, 25(7), 679-700.

    Ullah, M. H. (2014). Environmental disclosure practices in annual report of the listed textile industries in Bangladesh. Global Journal of Management And Business Research, 14(D1), 87-98.

    Ullah, M. H., Yakub, K., Hossain, M., Ullah, H., & Musharof, K. (2013). Environmental reporting practices in annual report of selected listed companies in Bangladesh. Research Journal of finance and accounting, 4(7), 45-58.

    Utomo, M. N., Rahayu, S., Kaujan, K., & Irwandi, S. A. (2020). Environmental performance, environmental disclosure, and firm value: empirical study of non-financial companies at Indonesia Stock Exchange. Green Finance, 2(1), 100-113.

    Uwuigbe, U., & Ajibolade, S. (2013). Effects of corporate governance on corporate social and environmental disclosure among listed firms in Nigeria. European Journal of Business and Social Sciences, 2(5), 76-92.

    Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of environmental disclosures of listed firms in Ghana. International journal of corporate social responsibility, 2(1), 1-12.

    Wong, J., Wong, N., Li, W. Y., & Chen, L. (2016). Sustainability assurance: an emerging market for the accounting profession. Pacific Accounting Review, 28(3), 238-259.

    Xiang, X., Liu, C., Yang, M., & Zhao, X. (2020). Confession or justification: The effects of environmental disclosure on corporate green innovation in China. Corporate Social Responsibility and Environmental Management, 27(6), 2735-2750.

    Zahoor, N., Al?Tabbaa, O., Khan, Z., & Wood, G. (2020). Collaboration and internationalization of SMEs: Insights and recommendations from a systematic review. International Journal of Management Reviews, 22(4), 427-456.

    Zamir, F., Shailer, G., & Saeed, A. (2022). Do corporate social responsibility disclosures influence investment efficiency in the emerging markets of Asia? International Journal of Managerial Finance, 18(1), 28-48.

  1. Abdul Rahman, S. A., Yusoff, R., & Wan Mohamed, W. N. (2009). Environmental disclosure and financial performance: An empirical study of Malaysia, Thailand, and Singapore. Social and Environmental Accountability Journal, 29(2).
  2. Afrin, S., Sehreen, F., Polas, M. R. H., & Sharin, R. (2020). Corporate Social Responsibility (CSR) practices of financial institution in Bangladesh: the case of United Commercial Bank. Journal of Sustainable Tourism and Entrepreneurship, 2(2), 69-82.
  3. Ahmad, Z., Hassan, S., & Mohammad, J. (2003). Determinants of Environmental Reporting in Malaysia. International Journal of Business Studies, 11(1).
  4. Akanno, S. N., Che, F., Radda, A., & Uzodinma, I. (2015). Patterns of corporate social and environmental disclosure in Nigeria. International Journal of Business and Finance Management Research, 3(8), 71-82.
  5. Akrout, M. M., & Othman, H. B. (2013). A study of the determinants of corporate environmental disclosure in MENA emerging markets. Journal of Reviews on Global economics, 2, 46.
  6. Akrout, M. M., & Othman, H. B. (2016). Ownership structure and environmental disclosure in Mena emerging countries. Corporate Ownership & Control, 13(4), 381-388.
  7. Ali, W., Frynas, J. G., & Mahmood, Z. (2017). Determinants of corporate social responsibility (CSR) disclosure in developed and developing countries: A literature review. Corporate Social Responsibility and Environmental Management, 24(4), 273-294.
  8. Ali, W., Wilson, J., & Husnain, M. (2022). Determinants/motivations of corporate social responsibility disclosure in developing economies: A survey of the extant literature. Sustainability, 14(6), 3474.
  9. Alsaeed, K. (2006). The association between firm?specific characteristics and disclosure: The case of Saudi Arabia. Managerial auditing journal.
  10. Annumeet, & Singh, S. (2017). Corporate Environmental Disclosure Practices and Its Association with Corporate Value: A Review. International Journal of Research in Management, Economics and Commerce, 7(10), 38-44.
  11. Anoke, A. F., Onu, A. N., & Agagbo, O. C. (2022). Managerial Competencies and Growth of Small and Medium Enterprise (SMEs) in Abuja Metropolis, Nigeria. International Journal of Financial, Accounting, and Management, 4(3), 255-268.
  12. Baalouch, F., Ayadi, S. D., & Hussainey, K. (2019). A study of the determinants of environmental disclosure quality: evidence from French listed companies. Journal of Management and Governance, 23, 939-971.
  13. Baldini, M., Maso, L. D., Liberatore, G., Mazzi, F., & Terzani, S. (2018). Role of country-and firm-level determinants in environmental, social, and governance disclosure. Journal of Business Ethics, 150, 79-98.
  14. Barako, D. G. (2007). Determinants of voluntary disclosures in Kenyan companies annual reports. African journal of business management, 1(5).
  15. Bhatia, A., & Makkar, B. (2020). Stage of development of a country and CSR disclosure–the latent driving forces. International Journal of Law and Management, 62(5), 467-493.
  16. Bhuiyan, M. N. U., Hossain, S., & Akther, F. (2017). Environmental reporting practices and it's relationship with corporate characteristics: An evidence from manufacturing companies listed in Dhaka Stock exchange. The Cost and Management: The Journal of the Institute of Cost and Management Accountants of Bangladesh, 45(1), 3-11.
  17. Boura, M., Tsouknidis, D. A., & Lioukas, S. (2020). The role of pro?social orientation and national context in corporate environmental disclosure. European Management Review, 17(4), 1027-1040.
  18. Brammer, S., & Pavelin, S. (2008). Factors influencing the quality of corporate environmental disclosure. Business Strategy and the Environment, 17(2), 120-136.
  19. Broadstock, D. C., Collins, A., Hunt, L. C., & Vergos, K. (2018). Voluntary disclosure, greenhouse gas emissions and business performance: Assessing the first decade of reporting. The British accounting review, 50(1), 48-59.
  20. Buniamin, S., Alrazi, B., Johari, N. H., & Rahman, N. R. A. (2011). Corporate governance practices and environmental reporting of companies in Malaysia: Finding possibilities of double thumbs up. Jurnal Pengurusan, 32(2011), 55-71.
  21. Burgwal, D. v. d., & Vieira, R. J. O. (2014). Environmental disclosure determinants in Dutch listed companies. Revista Contabilidade & Finanças, 25, 60-78.
  22. Cacciotti, G., & Hayton, J. C. (2015). Fear and entrepreneurship: A review and research agenda. International Journal of Management Reviews, 17(2), 165-190.
  23. Chen, Y.-C., Hung, M., & Wang, Y. (2018). The effect of mandatory CSR disclosure on firm profitability and social externalities: Evidence from China. Journal of accounting and economics, 65(1), 169-190.
  24. Christensen, D. M. (2016). Corporate accountability reporting and high-profile misconduct. The accounting review, 91(2), 377-399.
  25. Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2008). Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis. Accounting, organizations and society, 33(4-5), 303-327.
  26. Cormier, D., Magnan, M., & Van Velthoven, B. (2005). Environmental disclosure quality in large German companies: economic incentives, public pressures or institutional conditions? European Accounting Review, 14(1), 3-39.
  27. D'Amico, E., Coluccia, D., Fontana, S., & Solimene, S. (2016). Factors influencing corporate environmental disclosure. Business Strategy and the Environment, 25(3), 178-192.
  28. Dal Maso, L., Mazzi, F., Soscia, M., & Terzani, S. (2018). The moderating role of stakeholder management and societal characteristics in the relationship between corporate environmental and financial performance. Journal of environmental management, 218, 322-332.
  29. Damak-Ayadi, S. (2009). Some determinants of social and environmental disclosures in annual reports by French firms. Accounting and management information systems, 8(3), 324-351.
  30. Denyer, D., Tranfield, D., Buchanan, D., & Bryman, A. (2009). The Sage handbook of organizational research methods. Reference and Research Book News, 24(3), 776.
  31. El Fallahi, F., Ibenrissoul, A., & Adil, E. (2022). Does Innovation Play a Role in the Relationship Between Corporate Social and Financial Performance? A Systematic Literature Review. International Journal of Financial, Accounting, and Management, 4(3), 315-334.
  32. Feng, S., & Gao, L. S. (2020). The verbal tone in mandatory environmental disclosures: evidence from changes in disclosures following SEC guidance. Social and Environmental Accountability Journal, 40(2), 116-139.
  33. Fifka, M. S. (2013). Corporate responsibility reporting and its determinants in comparative perspective–a review of the empirical literature and a meta?analysis. Business Strategy and the Environment, 22(1), 1-35.
  34. Fontana, S., D'Amico, E., Coluccia, D., & Solimene, S. (2015). Does environmental performance affect companies’ environmental disclosure? Measuring Business Excellence, 19(3), 42-57.
  35. Fortanier, F., Kolk, A., & Pinkse, J. (2011). Harmonization in CSR reporting: MNEs and global CSR standards. Management international review, 51, 665-696.
  36. Fuadah, L. L., Saftiana, Y., Kalsum, U., & Arisman, A. (2021). Factors Influencing Environmental Disclosure: A Case Study of Manufacturing Companies in Indonesia. Factors Influencing Environmental Disclosure: A Case Study of Manufacturing Companies in Indonesia, 8(9), 1-11.
  37. Geerts, M., Dooms, M., & Stas, L. (2021). Determinants of sustainability reporting in the present institutional context: The case of port managing bodies. Sustainability, 13(6), 3148.
  38. Gong, Y., & Ho, K.-C. (2018). Does corporate social responsibility matter for corporate stability? Evidence from China. Quality & quantity, 52, 2291-2319.
  39. Gray, R., Javad, M., Power, D. M., & Sinclair, C. D. (2001). Social and environmental disclosure and corporate characteristics: A research note and extension. Journal of business finance & accounting, 28(3?4), 327-356.
  40. Gumbo, L., Margaret, M., & Chagwesha, M. (2022). Personal Financial Management Skills Of University Students and Their Financial Experiences During The Covid-19 Pandemic. International Journal of Financial, Accounting, and Management, 4(2), 129-143.
  41. Hamrouni, A., Uyar, A., & Boussaada, R. (2020). Are corporate social responsibility disclosures relevant for lenders? Empirical evidence from France. Management decision, 58(2), 267-279.
  42. Hawlader, M. R., Rana, M. M., Kalam, A., & Polas, M. R. H. (2021). Consideration of workers’ opinion in the decision-making process in the RMG Sector: Evidence from Bangladesh. Journal of Sustainable Tourism and Entrepreneurship, 2(4), 267-282.
  43. Hummel, K., & Schlick, C. (2016). The relationship between sustainability performance and sustainability disclosure–Reconciling voluntary disclosure theory and legitimacy theory. Journal of accounting and public policy, 35(5), 455-476.
  44. Iqbal, M., Sutrisno, T., Assih, P., & Rosidi, R. (2013). Effect of environmental accounting implementation and environmental performance and environmental information disclosure as mediation on company value. International Journal of Business and Management Invention, 2(10), 55-67.
  45. Isaifan, R. J., & Kooli, C. (2022). Highlights on the unavoidable impact of climate change on public health policy (Vol. 2022, pp. 6): HBKU Press Qatar.
  46. Ismail, H., Saleem, M. A., Zahra, S., Tufail, M. S., & Ali, R. A. (2021). Application of global reporting initiative (GRI) principles for measuring quality of corporate social responsibility (CSR) disclosure: Evidence from Pakistan. Sustainability, 13(20), 11409.
  47. Jackson, G., Bartosch, J., Avetisyan, E., Kinderman, D., & Knudsen, J. S. (2020). Mandatory non-financial disclosure and its influence on CSR: An international comparison. Journal of Business Ethics, 162, 323-342.
  48. Joshi, P. L., Suwaidan, M. S., & Kumar, R. (2011). Determinants of environmental disclosures by Indian industrial listed companies: empirical Study. International Journal of Accounting and Finance, 3(2), 109-130.
  49. Juhmani, O. I. (2013). Ownership structure and corporate voluntary disclosure: Evidence from Bahrain. International Journal of Accounting and Financial Reporting, 3(2), 133.
  50. Kamal, Y., & Deegan, C. (2013). Corporate social and environment?related governance disclosure practices in the textile and garment industry: Evidence from a developing country. Australian Accounting Review, 23(2), 117-134.
  51. Khan, A., Muttakin, M. B., & Siddiqui, J. (2013). Corporate governance and corporate social responsibility disclosures: Evidence from an emerging economy. Journal of Business Ethics, 114, 207-223.
  52. Khan, I., Khan, I., & Senturk, I. (2019). Board diversity and quality of CSR disclosure: evidence from Pakistan. Corporate Governance: The International Journal of Business in Society.
  53. Khandelwal, A., & Chaturvedi, A. (2021). Environmental Accounting Disclosures and Financial Performance in India. Recent Advances in Fields of Accounting, Finance and Management.
  54. Kooli, C., lock Son, M., & Beloufa, I. (2022). Business ethics in the era of COVID 19: How to protect jobs and employment rights through innovation. Avicenna, 2022(2), 7.
  55. Kuncara, W. A. (2022). The influence of Whistleblowing System and internal control on fraud prevention at PT Pos Indonesia (Persero) Bandung City. International Journal of Financial, Accounting, and Management, 4(2), 101-113.
  56. Li, Y., Gong, M., Zhang, X.-Y., & Koh, L. (2018). The impact of environmental, social, and governance disclosure on firm value: The role of CEO power. The British accounting review, 50(1), 60-75.
  57. Maama, H. (2021). Institutional environment and environmental, social and governance accounting among banks in West Africa. Meditari Accountancy Research, 29(6), 1314-1336.
  58. Makori, D. M., & Jagongo, A. (2013). Environmental accounting and firm profitability: An empirical analysis of selected firms listed in Bombay stock exchange, India. International Journal of Humanities and Social Science, 3(18), 248-256.
  59. Matuszak, ?., Ró?a?ska, E., & Macuda, M. (2019). The impact of corporate governance characteristics on banks’ corporate social responsibility disclosure: Evidence from Poland. Journal of Accounting in Emerging Economies.
  60. Mehedy, S. R., Sajib, H. M., & Karim, R. (2018). Environmental reporting practices of listed companies in Bangladesh. International Journal of Academic Research in Accounting, Finance and Management Sciences, 8(3), 178-193.
  61. Mohammad, W. M. W., & Wasiuzzaman, S. (2021). Environmental, Social and Governance (ESG) disclosure, competitive advantage and performance of firms in Malaysia. Cleaner Environmental Systems, 2, 100015.
  62. Mondal, M. S. A. (2021). Efficiency and Productivity Measurement for Sustainability of Selected Textile Companies in Bangladesh: An Application of Data Envelopment Analysis.
  63. Monteiro, A., Cepêda, C., & Silva, A. (2022). EU Non-Financial Reporting Research. International Journal of Financial, Accounting, and Management, 4(3), 335-348.
  64. Muttakin, M. B., Khan, A., & Subramaniam, N. (2015). Firm characteristics, board diversity and corporate social responsibility: evidence from Bangladesh. Pacific Accounting Review.
  65. Muttanachai, S., & Stanton, P. (2012). Determinants of environmental disclosure in Corporate Annual Reports. International Journal of Accounting and Financial Reporting, 2(1), 99-115.
  66. Nguyen, T. D. (2020). Factors influencing environmental accounting information disclosure of listed enterprises on Vietnamese stock markets. The Journal of Asian Finance, Economics and Business, 7(11), 877-883.
  67. Nijmeijer, K. J., Fabbricotti, I. N., & Huijsman, R. (2014). Making franchising work: A framework based on a systematic review. International Journal of Management Reviews, 16(1), 62-83.
  68. O’Dwyer, B. (2011). The case of sustainability assurance: Constructing a new assurance service. Contemporary Accounting Research, 28(4), 1230-1266.
  69. Polas, M. R. H., Tabash, M. I., Jahanshahi, A. A., & Schmitt, V. G. H. (2022). Ethical decision-making practices in SMEs: the role of risk acceptance and confidence level. International Journal of Business Governance and Ethics, 16(4), 437-462.
  70. Qian, W., Tilt, C., & Belal, A. (2021). Social and environmental accounting in developing countries: Contextual challenges and insights. Accounting, auditing & accountability journal, 34(5), 1021-1050.
  71. Qiu, Y., Shaukat, A., & Tharyan, R. (2016). Environmental and social disclosures: Link with corporate financial performance. The British accounting review, 48(1), 102-116.
  72. Rahaman, A. S., Lawrence, S., & Roper, J. (2004). Social and environmental reporting at the VRA: institutionalised legitimacy or legitimation crisis? Critical Perspectives on Accounting, 15(1), 35-56.
  73. Rosadi, Y. M. R., & Barus, I. S. L. (2022). The Effect of Time Budget Pressure and Auditor’s Competency on Audit Quality. International Journal of Financial, Accounting, and Management, 4(3), 241-254.
  74. Saha, A. K., & Akter, S. (2012). Relationship between environmental reporting in corporate annual reports & corporate profitability in Bangladesh. Independent Business Review, 5(2), 91-111.
  75. Sekhon, A. K., & Kathuria, L. M. (2020). Analyzing the impact of corporate social responsibility on corporate financial performance: evidence from top Indian firms. Corporate Governance: The International Journal of Business in Society, 20(1), 143-157.
  76. Selim, S. (2018). Environmental compliance opportunities in the Bangladeshi ready made garments industry: Lessons from the green high achievers. Economic Dialogue on Green Growth Project, Adam Smith International, Dhaka.” Shahpar Selim, 7.
  77. Seneviratne, S. C., & Gunawardane, S. (2022). Modernization practices and Operating Models: An Empirical Study on a Retail Bank in Sri Lanka. International Journal of Financial, Accounting, and Management, 4(2), 183-198.
  78. Shil, N. C., & Iqbal, M. (2005). Environmental disclosure–a Bangladesh perspective.
  79. Sikder, S., Rana, M. M., & Polas, M. R. H. (2021). Service Quality Dimensions (SERVQUAL) and Customer Satisfaction towards Motor Ride-Sharing Services: Evidence from Bangladesh. Annals of Management and Organization Research, 3(2), 97-113.
  80. Sisay, A., & Liku, M. (2022). Supply Chain Management Practice and Its Impact on Performance of Humanitarian Relief Organization in Case of Gedeo Zone. International Journal of Financial, Accounting, and Management, 4(3), 269-284.
  81. Smith, M., Yahya, K., & Marzuki Amiruddin, A. (2007). Environmental disclosure and performance reporting in Malaysia. Asian Review of Accounting, 15(2), 185-199.
  82. Solikhah, B., Puteri, A. A., Sarwono, E., Ulupui, I., & Al-Faryan, M. A. S. (2021). Improving Understanding on Determinant of Environmental Disclosure and Moderating Effect of Corporate Governance. Academy of Strategic Management Journal, 20(2).
  83. Steinisch, M., Yusuf, R., Li, J., Rahman, O., Ashraf, H. M., Strümpell, C., . . . Loerbroks, A. (2013). Work stress: Its components and its association with self-reported health outcomes in a garment factory in Bangladesh—Findings from a cross-sectional study. Health & place, 24, 123-130.
  84. Stumbitz, B., Lewis, S., & Rouse, J. (2018). Maternity management in SMEs: A transdisciplinary review and research agenda. International Journal of Management Reviews, 20(2), 500-522.
  85. Suileek, H. A., & Alshurafat, H. (2022). The determinants of environmental accounting disclosure: a review of the literature. Explore Business, Technology Opportunities and Challenges? After the Covid-19 Pandemic, 463-477.
  86. Sun, N., Salama, A., Hussainey, K., & Habbash, M. (2010). Corporate environmental disclosure, corporate governance and earnings management. Managerial auditing journal, 25(7), 679-700.
  87. Ullah, M. H. (2014). Environmental disclosure practices in annual report of the listed textile industries in Bangladesh. Global Journal of Management And Business Research, 14(D1), 87-98.
  88. Ullah, M. H., Yakub, K., Hossain, M., Ullah, H., & Musharof, K. (2013). Environmental reporting practices in annual report of selected listed companies in Bangladesh. Research Journal of finance and accounting, 4(7), 45-58.
  89. Utomo, M. N., Rahayu, S., Kaujan, K., & Irwandi, S. A. (2020). Environmental performance, environmental disclosure, and firm value: empirical study of non-financial companies at Indonesia Stock Exchange. Green Finance, 2(1), 100-113.
  90. Uwuigbe, U., & Ajibolade, S. (2013). Effects of corporate governance on corporate social and environmental disclosure among listed firms in Nigeria. European Journal of Business and Social Sciences, 2(5), 76-92.
  91. Welbeck, E. E., Owusu, G. M. Y., Bekoe, R. A., & Kusi, J. A. (2017). Determinants of environmental disclosures of listed firms in Ghana. International journal of corporate social responsibility, 2(1), 1-12.
  92. Wong, J., Wong, N., Li, W. Y., & Chen, L. (2016). Sustainability assurance: an emerging market for the accounting profession. Pacific Accounting Review, 28(3), 238-259.
  93. Xiang, X., Liu, C., Yang, M., & Zhao, X. (2020). Confession or justification: The effects of environmental disclosure on corporate green innovation in China. Corporate Social Responsibility and Environmental Management, 27(6), 2735-2750.
  94. Zahoor, N., Al?Tabbaa, O., Khan, Z., & Wood, G. (2020). Collaboration and internationalization of SMEs: Insights and recommendations from a systematic review. International Journal of Management Reviews, 22(4), 427-456.
  95. Zamir, F., Shailer, G., & Saeed, A. (2022). Do corporate social responsibility disclosures influence investment efficiency in the emerging markets of Asia? International Journal of Managerial Finance, 18(1), 28-48.