Abstract
This chapter tries to delineate the institutional external disclosure for every kind of concerns, including information beyond the strict financial domain.
It deals with social disclosure (variables of human and social nature), and with environmental disclosure (variables of physical-natural nature). The theme of integrated disclosure is dealt with as well. A basic choice is the privileged reference to the entity and not to the firm or corporate. Thus, it is chosen a ‘generalistic’ approach, according whom the common characters for every kind of entity will be exposed at the beginning, afterwards the variance between public and private ‘world’, and between no profit and for profit organisations.
The core idea of the chapter is that all sustainability performances are to be summarised, finally, in a ‘single’ bottom line, expressed in conventional monetary terms, and not only in the customary three bottom lines without such a comprehensive synthesis.
Although the chapter is the result of a common effort and understanding, for legal purposes Sections on ‘Background’ and on ‘Future Research Directions’ are to be attributed to Patrizia Torrecchia, while the others, out of the Conclusion, are to be attributed to Massimo Costa. Abstract, Conclusion and References are the outcome of a strictly joint production.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Just the Italian literature—for an instance—is immense. In the following sections there are just specific references to different authors, from the classical to the most recent ones, who dealt with this topic. Here it seems necessary to mention, at least, the following authors (of which we do not provide their single contributions as they often intervened about this topic with different works): M. Bartolomeo, B. Campedelli, P.E. Cassandro, E. Cavalieri, M. Cisi, F. Donato, G. Farneti, M.E. Di Giandomenico, L. Hinna, F. Manni, S. Marchetti, A. Matacena, C. Mio, D. Nicolò, M. Pavan, L. Pulejo, G. Rusconi, F. Superti Furga, F. Vermiglio. Moreover, we recall the documents of Gruppo di Studio sul Bilancio Sociale. Some of the mentioned authors were interested also—or only—in Environmental Statement.
About the international literature, it seems not even possible to attempt an indication of some of the major authors. It seems appropriate just to refer to the birth of specialized journals, including, at least, International Journal of Corporate Social Responsibility , Social and Environmental Accounting Review, Social and Environmental Accountability Journal, Social Responsibility Journal, Corporate Social Responsibility and Environmental Management.
References
Bowen, H. R. (1953). Social responsibilities of the businessman. New York: Harper & Brothers.
Burritt, R. L., & Schaltegger, S. (2010). Sustainability accounting and reporting: Fad or trend? Accounting, Auditing & Accountability Journal, 23(7), 829–846.
Carroll, A. B., & Shabana, K. M. (2010). The business case for corporate social responsibility: A review of concepts, research and practice. International Journal of Management Reviews, 12(1), 85–105.
Corrocher, A. (2005). Il bilancio sociale. Come realizzarlo nelle aziende profit, nelle organizzazioni non profit, negli enti pubblici. Milan: Franco Angeli.
Crowther, D., & Aras, G. (2008). Corporate social responsibility. David Crowther and Güler Aras & Ventus Publishing ApS.
Crowther, D., & Caliyurt, K. T. (2008). Globalization and social responsibility. Newcastle upon Tyne: Cambridge Scholars Publishing.
Di Giandomenico, M. E. (2008). Il bilancio sociale e il modulo aziendale etico. Milan: Giuffrè.
Elkington, J. (1997). Cannibals with forks: The triple bottom line of twenty-first century business. Oxford: Capstone.
Falcioni, F., & Testai, P. (2004). La comunicazione con gli stakeholder e il bilancio ambientale: un nuovo modello di governance degli enti locali. Rome: APAT.
Friedman, M. (1962). Capitalism and freedom. Chicago: University of Chicago Press.
Gabrovec Mei, O. (1990). Il linguaggio contabile – Itinerario storico e metodologico. Turin: Giappichelli.
Idowu, S. O., Capaldi, N., Zu, L., & Das Gupta, A. (Eds.). (2013). Encyclopedia of CSR. New York: Springer.
Ioannou, I., & Serafeim, G. (2016). The consequences of mandatory corporate sustainability reporting: Evidence from four countries. Harvard Business School Research Working Paper no. 11-100.
Kolc, A., & Perego, P. (2010). Determinants of the adoption of sustainability assurance statements: An international investigation. Business Strategies and the Environment, 19(3), 182–198.
Lovelock, J. (1979). Gaia. Oxford: The Oxford University Press.
Milne, M. J., & Gray, R. (2013). W(h)ither ecology? The triple bottom line, the global reporting initiative, and corporate sustainability reporting. Journal of Business Ethics, 118(1), 13–29.
Mintz, S. (Ed.). (2014). Accounting for the public interest – perspectives on accountability, professionalism and role in society. Dordrecht: Springer.
Moore, M. H. (1997). Creating public value: Strategic management in government. Cambridge: Harvard University Press.
Nicolò, D. (2000). Il bilancio sociale come strumento di governo delle relazioni con gli stakeholder. In F. Vermiglio (Ed.), Atti del Seminario Internazionale sul tema: Nuovi strumenti di comunicazione aziendale. Confronto di esperienze in tema di bilancio sociale. Taormina 27-28 giugno 1997. Turin: Giappichelli.
Scerri, A., & James, P. (2009). Accounting for sustainability: Combining qualitative and quantitative research in developing ‘indicators’ of sustainability. International Journal of Social Research Methodology, 13(1), 41–53.
Sheate, W. R. (2012). Purposes, paradigms and pressure groups: Accountability and sustainability in EU environmental assessment, 1985–2010. Environmental Impact Assessment Review, 33(1), 91–102.
Solomons, D. (1974). Corporate social performance: A new dimension in accounting reports? In H. Edey & B. S. Yamey (Eds.), Debits credits, finance and profits (pp. 131–141). London: Sweet & Maxwell.
Tinker, T. (Ed.). (1984). Social accounting for corporations. Private enterprises versus public interest. Manchester: Manchester University Press.
Torrecchia, P., & Gulluscio, C. (2014a). Social responsibility: The Italian case within public administration. In A. Y. Mermod & S. O. Idowu (Eds.), Corporate social responsibility in the global business world. Berlin: Springer.
Torrecchia, P., & Gulluscio, C. (2014b). Social responsibility and health care public sector: Some notes on the concept of “value”. In A. Y. Mermod & S. O. Idowu (Eds.), Corporate social responsibility in the global business world. Berlin: Springer.
United Nations, European Commission, International Monetary Fund, Organization for Economic Cooperation and Development, & World Bank. (2003). The handbook of national integrated environmental and economic accounting. New York: ONU.
Vermiglio, F. (Ed.). (2000). Atti del Seminario Internazionale sul tema: Nuovi strumenti di comunicazione aziendale. Confronto di esperienze in tema di bilancio sociale. Taormina 27-28 giugno 1997. Turin: Giappichelli.
Working Group on Environmental Auditing. (2010). Environmental accounting: Current status and options for SAIs. INTOSAI.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG
About this chapter
Cite this chapter
Costa, M., Torrecchia, P. (2018). Social, Environmental and Financial Information. In: Idowu, S., Sitnikov, C., Simion, D., Bocean, C. (eds) Current Issues in Corporate Social Responsibility. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-70449-4_3
Download citation
DOI: https://doi.org/10.1007/978-3-319-70449-4_3
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-70448-7
Online ISBN: 978-3-319-70449-4
eBook Packages: Business and ManagementBusiness and Management (R0)