Analyzing Corporate Governance and Environmental Reporting in Mining

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Added on  2022/11/18

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This report delves into the intersection of corporate governance and environmental reporting within the mining industry, using case studies to illustrate key concepts. It analyzes the relationship between corporate governance measures and environmental disclosure, particularly focusing on the Australian context. The report examines the impact of mining activities, specifically addressing the risks associated with tailings storage facilities. The research explores factors that contribute to disasters and assesses the importance of technical and political influences in these incidents. The findings highlight the need for enhanced accountability and transparency in corporate governance, promoting environmentally sustainable practices. The report uses both quantitative and qualitative research methods to analyze the environmental impact of mining and offers insights into the factors influencing these outcomes. It also suggests the importance of considering engineering aspects in social scientific analyses of environmental issues, with references to relevant research papers.
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Running head: FINANACIAL ACCOUNTING
FINANACIAL ACCOUNTING
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1FINANCIAL ACCOUNTING
Corporate Governance and Environmental Reporting
This particular article discusses and tries to examine and explore the relationship between
corporate governance and environmental reporting within the various companies which are
located in Australia. It tries to analyze the attributes from the various annual reports of the
companies which are listed in the Australian Stock Exchange and tries to examine the amount
that determines the environmental reporting which are applied on different measures including
corporate governance. The research is conducted in a quantitative analysis method where the
annual reports have been used and studied in order to conduct the research. There was a positive
finding after conducting this research which helped them to find the positive relationship
between independent directors who were women in the board along with environmental
reporting. It also provides a discussion on the regulators along with the strategists of a company.
This paper states that the corporate governance measures should be used in order to enhance the
accountability, transparency in a company which would assist the company with more
disclosure. The purpose of this research is to find the usefulness and helpfulness in corporate
governance through voluntary disclosures which would specifically focus on or concentrate on
the environmental disclosure. In conclusion, this paper conducts a research and finds that the
reasons which support as well as contradict the conformist knowledge which provides the
amount of environmental reporting within the various companies which are in Australia ( Rao,
Tilt & Lester, 2012).
A Case on Tailing Storage
The issue that has been discussed and addressed in this paper is whether the impact of
mining can be less on the environment and tries to find out ways and techniques that would
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2FINANCIAL ACCOUNTING
ensure safety towards the environment along with the people who reside nearby. This research is
mainly concentrated on the source of most of the disasters which happen through mining which
is through the tailing of the storage facilities. It tries to determine the factors which are
considered to cause an effect and hence are the reasons for disasters and the various measures or
the outcomes of those incidents. Mining is considered to hamper and cause an impact in the
environment which is harmful. The materials which are not used in the mining process or it is not
used and left over are considered to be tailings which have been produced in a large quantity per
year. The disruption which has been caused to the environment through mining is considered to
be inevitable as it cannot be stopped or prevented. This paper has conducted its research on the
basis of qualitative basis where the paper has reviewed various published and unpublished
information or data in order to find certain reasons for the causes which disrupts the
environment. In conclusion the paper finds that the disruptiveness which is caused and the failure
of the due to tailing of these left over substances are caused due to various political factors and it
also analyses that the engineering projects needs to be paid attention to and concentrated on
(Schoenberger, 2016).
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3FINANCIAL ACCOUNTING
References
Kathy Rao, K., Tilt, C. A., & Lester, L. H. (2012). Corporate governance and environmental
reporting: an Australian study. Corporate Governance: The international journal of
business in society, 12(2), 143-163.
Schoenberger, E. (2016). Environmentally sustainable mining: The case of tailings storage
facilities. Resources Policy, 49, 119-128.
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