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Integrated Reporting and Sustainable Corporate Governance from European Perspective

Author

Listed:
  • Mähönen Jukka

    (Faculty of Law, University of Oslo, Postboks 6706, St. Olavs plass, Oslo0130, Norway)

Abstract

According to the Cadbury Committee (1992) classical definition, corporate governance is ‘the system by which companies are directed and controlled.’ In the Cadbury Report and in other mainstream corporate governance codes, ‘system’ refers only to the ‘financial aspects of corporate governance’, that is, shareholder value and emphasis on the board’s and the management’s accountability to providers of financial capital only. During the last few years however, sustainability has been included through ‘integrated reporting’ in corporate governance codes especially in Africa (South Africa) and Asia (Malaysia, Philippines). For example, the South African King reports on corporate governance connect the use of integrated reporting to report on an organisation’s corporate governance practices and economic-social-environmental triple-bottom-line performance.

Suggested Citation

  • Mähönen Jukka, 2020. "Integrated Reporting and Sustainable Corporate Governance from European Perspective," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 10(2), pages 1-40, July.
    • Handle: RePEc:bpj:aelcon:v:10:y:2020:i:2:p:40:n:6
    DOI: 10.1515/ael-2018-0048
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    References listed on IDEAS

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    More about this item

    Keywords

    integrated reporting; integrated thinking; corporate governance; G3; M41; M42;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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