Business Sustainability in Asia: Compliance, Performance, and Integrated Reporting and Assurance

ISBN-13: 9781119502319 / Angielski / Twarda / 2019 / 432 str.

Zabihollah Rezaee; Judy Tsui; Peter Cheng

Spis treści

Foreword xixPreface xxiAcknowledgments xxvList of Abbreviations xxviiChapter 1 Introduction to Business Sustainability 11 Executive Summary 12 Introduction 13 Definition 24 Themes of this Book 35 Attributes 56 Principles 57 Dimensions of Sustainability Performance 68 Value Relevance of Sustainability Performance 99 Emergence of Business Sustainability in Asia 1010 Sustainability Reporting and Assurance 1211 Professional Organizations Influencing Sustainability 1412 Best Practices of Sustainability Performance, Reporting and Assurance 1613 Managerial Implications of Sustainability Programs and Activities 1714 Conclusions 1815 Chapter Takeaway 18Endnotes 19Chapter 2 Sustainability Principles, Theories, Research and Education 231 Executive Summary 232 Introduction 233 Institutional Background 244 Sustainability Principles 255 Sustainability Theories 286 Sustainability Standards 347 Global Implications of Sustainability Principles, Theories and Standards 368 Sustainability Research 389 Business Sustainability Education 4610 Conclusions 4711 Chapter Takeaway 48Endnotes 49Chapter 3 Institutional Settings in Asia Relevant to Business Sustainability 531 Executive Summary 532 Introduction 533 Global Move Toward Sustainability Performance, Reporting and Assurance 534 Institutional Settings in Asia 545 Institutional Settings in Asia Relevant for Business Sustainability 686 Conclusions 697 Chapter Takeaway 70Endnotes 70Chapter 4 Drivers and Sources of Business Sustainability Initiatives in the World Including Asia 751 Executive Summary 752 Introduction 753 Global Mandatory Business Sustainability Initiatives 764 Global Voluntary Business Sustainability Initiatives 775 Drivers and Sources of Business Sustainability Initiatives in Asia 886 Analysis of Drivers and Sources of Business Sustainability in Asia 1177 Conclusions 1188 Chapter Takeaway 118Endnotes 118Chapter 5 Financial Economic Dimension of Sustainability 1271 Executive Summary 1272 Introduction 1273 Shared Value Creation 1284 Financial Economic Sustainability Performance 1295 Forward-Looking Financial Reports 1306 Value Relevance of Financial Economic Sustainability 1317 Financial Economic Sustainability Reporting in Asia 1328 Conclusions 1549 Chapter Takeaway 155Endnotes 155Chapter 6 Governance Dimension of Sustainability 1631 Executive Summary 1632 Introduction 1633 Governance Dimension of Sustainability Performance 1644 New Paradigm for Corporate Governance 1655 Drivers of Corporate Governance 1666 Corporate Governance Functions 1717 Emerging Issues in Global Corporate Governance 1798 Global Convergence in Corporate Governance 1809 Corporate Governance in Asia 18210 Corporate Governance Reporting and Assurance 22011 Conclusion 22112 Chapter Takeaway 222Endnotes 223Chapter 7 Social Dimension of Sustainability 2331 Executive Summary 2332 Introduction 2333 Social Performance Dimension of Sustainability 2334 Corporate Social Responsibility in Asia 2365 Best Practices of CSR 2506 CSR Issues 2537 CSR Reporting and Assurance 2568 Conclusions 2579 Chapter Takeaway 257Endnotes 258Chapter 8 Ethical Dimension of Sustainability 2631 Executive Summary 2632 Introduction 2633 Business Ethics 2644 Professional Codes of Conduct 2665 Workplace Ethics 2676 Corporate Culture 2697 Business Ethics in Asia 2708 Ethics Reporting and Assurance 2849 Conclusions 28710 Chapter Takeaway 287Endnotes 288Chapter 9 Environmental Dimension of Sustainability 2931 Executive Summary 2932 Introduction 2933 Global Environmental Initiatives 2944 Environmental Initiatives in Asia 2985 Environmental Key Performance Indicators 3066 Environmental Management Systems 3067 Environmental Reporting and Disclosure 3078 Environmental Assurance and Auditing 3099 Environmental Best Practices 30910 Conclusions 31211 Chapter Takeaway 313Endnotes 313Chapter 10 Business Sustainability Performance Reporting and Assurance 3171 Executive Summary 3172 Introduction 3173 Financial and Non-Financial Key Performance Indicators 3184 Sustainability Reporting 3235 Sustainability Assurance 3256 Global Status of Sustainability Performance Reporting and Assurance 3277 Sustainability Reporting and Assurance in Asia 3298 Best Practices of Sustainability Reporting and Assurance 3399 Relevance of Sustainability Information 34510 Conclusions 34611 Chapter Takeaway 347Endnotes 347Chapter 11 Emerging Issues in Sustainability Performance, Reporting And Assurance 3531 Executive Summary 3532 Introduction 3533 Sustainability Reporting Guidelines 3544 Effective Implementation of Sustainability 3565 Sustainability Risk Assessment and Management 3576 Future Trends in Sustainability Performance 3627 Future Trends in Sustainability Reporting 3638 Future Trends in Sustainability Assurance 3719 Emergence of Benefit Corporations in the United States 37310 Emergence of Profit-With-Purpose Companies and the Shared Value Concept 37611 Challenges and Opportunities in Business Sustainability in Asia 37712 Planning for Business Sustainability 37913 Management Accountants' Role in Sustainability 38414 Global Collaboration and Leadership for Sustainability 38615 Conclusions 38716 Chapter Takeaway 387Endnotes 388Index 393

O autorze

ZABIHOLLAH REZAEE is the Thompson-Hill Chair of Excellence, PhD coordinator, and Professor of Accountancy at the University of Memphis and has published more than 225 articles and 10 books.JUDY TSUI, FCA (Canada), FCPA (HKICPA), FCPA (Australia), FCA (ICAEW), is Senior Advisor of the Institute for New Economic Thinking and Board Director and Chair of Education Strategy Committee of Wuhan College in China. In addition, she is a Fellow member of the Institute of Chartered Accountants in England and Wales and serves as the Vice Chair of the China Committee.PETER CHENG is the former Dean and Professor of the Faculty of Management and Hospitality at the Technological and Higher Education Institute of Hong Kong. He previously taught at The University of British Columbia, University of Chicago, Purdue University, and the Hong Kong Polytechnic University.GAOGUANG ZHOU is an assistant professor of Accounting at Hong Kong Baptist University. His research interests include auditing, corporate finance, and corporate social responsibility.