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AF3U97 - Implementation of the Environmental Disclosure

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University of New South Wales

   

Environmental Management accounting (AF3U97)

   

Added on  2020-02-24

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AF3U97 - Implementation of the Environmental Disclosure Assignment, Australian publicly listed companies need to disclose their exposure to specific economic and environmental along with social sustainability risks under the newly incorporated corporate governance guidelines. The ASX Corporate Council has undertaken the new non-financial risk disclosure norms in the first instance since the global financial crisis. The newly incorporated disclosure and guidelines are to focus on the disclosure and transparency of corporates. Earlier there have been several risks identified in the auditing process. The majority of ASX companies produce sustainability reports, which account for 95% of the top 250 listed companies.

AF3U97 - Implementation of the Environmental Disclosure

   

University of New South Wales

   

Environmental Management accounting (AF3U97)

   Added on 2020-02-24

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Implementation of the Environmental Disclosure requirement inAustralian Service IndustryResearch MethodStudent Name:Student ID:Subject Name:Subject ID:Date Due:Professor Name:1 | P a g e
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Part A1. Download 5 Recent Academic Journal where researcher used qualitative content analysis to analyze secondary data through internet sites.The following are the qualitative journal’s contents have been used for the purpose of the study. These journals have provided theoritical framework for analysis of secondary data through internet sites. S. Brammer (2008) article, Factors influencing the quality of corporate environmental disclosure. In the Business Strategy and the Environment, pages 120 to 136[ CITATION Bra081 \l 1033 ]. S. G. Cuganesan (2010) article, Examining CSR disclosure strategies within the Australian food and beverage industry. In Accounting Forum, Volume 34, Number 3, pages 169 to 183 Elsevier, 169-183[ CITATION Cug10 \l 1033 ]. G. C. Gallery (2008) article, Corporate disclosure quality: lessons from Australian companies on the impact of adopting International Financial Reporting Standards. In the Australian Accounting Review, pages 257 to 273[ CITATION Gal08 \l 1033 ]. J. Guthrie (2008) article, GRI sustainability reporting by Australian public sector organizations. In the journal of Public Money and management, pages 361 to 366[ CITATION Gut082 \l 1033 ]. S. M. Lim (2007) article, The association between board composition and different types of voluntary disclosure. In the European Accounting Review, pages 555 to 583[ CITATION Lim07 \l 1033 ].2. Describe what environmental disclosure is for Australian publicly listed companies.Australian publicly listed company’s needs to disclose their exposure to specific economic and environmental along with social sustainability risks under the newly incorporated corporate governance guidelines. The ASX Corporate Council has undertaken the new non-financial risk disclosure norms in a first instance since the global financial crisis. The newly incorporated disclosure and guidelines are to focus on disclosure and transparency of corporates. Earlier there have been several risks identified in the auditing process. Majority of ASX companies produce sustainability reports, which accounts for 95% from the top 250 listed companies. Australian corporations lag behind international best practices in Corporate Governance disclosure norms. GRI standards is the most integral form of reporting that has been included in Australia. GRI 2 | P a g e
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initiates companies to disclose corporate social responsibility endeavors along with environmental sustainability impact reporting. The Federal government at various times declinedto regulate mandatory social and environmental risks reporting, even though it was suggested at various instances by parliamentary inquiry, Corporations and Market Advisory Committee. Those items were primary treated as externalities and corporations were expected to only pursue profits. ASX listed companies needs to comply with principles and also give detailed reasons for any non-compliance, otherwise the Company might be delisted. Australia incorporated most controversial change by incorporation of environmental sustainability disclosures. Diversity in disclosure has been included to increase commitment towards equity and diversity in not only financial performances but also in board deliberations. 3. Define what is qualitative content analysis ( Use that 5 journals to describe and Justify your answer).Qualitative content analysis is diagnosing contents and matter within a journal for arriving at results for a study. It is a technique that is used widely across qualitative research techniques. It is not a single method and includes application of three distinct approaches, as conventional, summative or directed. All approaches are applied to arrive at meaning from the content of text data adhering to naturalistic paradigm. There are significant amount of differences between themas in coding schemes, threats to trustworthiness and origin of codes. A directed approach the analysis is triggered by means of research findings, which provides guiding codes. Summative content analysis on the other hand involves counting along with comparisons with content or keywords followed by interpreting underlying context.4. Describe in 5 short paragraph (one paragraph for one journal) - how they used quantitative or qualitative content analysis research method to complete their research.3 | P a g e
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