IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2021-06-24.html

Model on Stakeholder Risks Disclosure in Corporate Reporting for Oil and Gas Companies in the Republic of Vietnam

Author

Listed:
  • Nataliya A. Kazakova

    (Basic Department of Financial and Economic Security, Plekhanov Russian University of Economics, Moscow, Russia.)

  • Thi L. Doan

    (Basic Department of Financial and Economic Security, Plekhanov Russian University of Economics, Moscow, Russia.)

Abstract

The purpose of this study was to develop a draft standard model of corporate social reporting, which ensures the disclosure of risks in the activities of oil and gas companies, considering the interests of various groups of stakeholders. The current study covered a retrospective of many studies conducted by international and public organizations for the period from 2015 to 2020, which made it possible to identify issues and trends in disclosure, the relevance of the information for stakeholders, and prospects for standardizing approaches. Taking these results into account, the study developed an approach that considers the level of influence and interests of different stakeholders, based on the proven postulates that shareholders and investors have the greatest influence and interests in the company; state and local authorities have the strongest influence on the company but have low interests in its business activities; residents and society have high interests, but the least impact on the company. The finding of this study is a developed risk-oriented model for disclosing sustainable development indicators in corporate reporting of the oil and gas industry which is proposed for further adaptation and implementation at Petrolimex in Vietnam.

Suggested Citation

  • Nataliya A. Kazakova & Thi L. Doan, 2021. "Model on Stakeholder Risks Disclosure in Corporate Reporting for Oil and Gas Companies in the Republic of Vietnam," International Journal of Energy Economics and Policy, Econjournals, vol. 11(6), pages 206-211.
    • Handle: RePEc:eco:journ2:2021-06-24
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/11781/6118
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/11781/6118
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Grewal, Jody & Serafeim, George, 2020. "Research on Corporate Sustainability: Review and Directions for Future Research," Foundations and Trends(R) in Accounting, now publishers, vol. 14(2), pages 73-127, September.
    2. Yuanyuan Hu & Shouming Chen & Yuexin Shao & Su Gao, 2018. "CSR and Firm Value: Evidence from China," Sustainability, MDPI, vol. 10(12), pages 1-18, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jen-Sin Lee & Xiao-Yan Deng & Chih-Hsiung Chang, 2023. "Examining the Interactive Effect of Advertising Investment and Corporate Social Responsibility on Financial Performance," JRFM, MDPI, vol. 16(8), pages 1-21, August.
    2. Massimiliano Celli & Simona Arduini & Tommaso Beck, 2024. "Corporate Sustainability Reporting Directive (CSRD) and His Future Application Scenario for Italian SMEs," International Journal of Business and Management, Canadian Center of Science and Education, vol. 19(4), pages 1-44, July.
    3. Lu Xu & Li Xie & Shengjun Mei & Jianli Hao & Yuqian Zhang & Yu Song, 2024. "Corporate Sustainability Reporting and Stakeholders’ Interests: Evidence from China," Sustainability, MDPI, vol. 16(8), pages 1-19, April.
    4. Sanctuary, Mark & Lavenius, Axel & Parlato, Giorgio & Plue, Jan & Crona, Beatrice, 2024. "A study of green European equity fund portfolio allocations," Working Paper Series in Economics and Institutions of Innovation 499, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    5. Jing Deng & Yun Zhang & Xiaoyun Xing & Cheng Liu, 2022. "Can Carbon Neutrality Commitment Contribute to the Sustainable Development of China’s New Energy Companies?," Sustainability, MDPI, vol. 14(18), pages 1-20, September.
    6. Shiyu Wu & Xinyi Li & Xiaosen Du & Zexin Li, 2022. "The Impact of ESG Performance on Firm Value: The Moderating Role of Ownership Structure," Sustainability, MDPI, vol. 14(21), pages 1-22, November.
    7. María Consuelo Pucheta‐Martínez & Inmaculada Bel‐Oms & Isabel Gallego‐Álvarez, 2023. "Corporate social responsibility reporting and capital structure: Does board gender diversity mind in such association?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 1588-1600, July.
    8. Hans B. Christensen & Luzi Hail & Christian Leuz, 2021. "Mandatory CSR and sustainability reporting: economic analysis and literature review," Review of Accounting Studies, Springer, vol. 26(3), pages 1176-1248, September.
    9. Lu Qiao & Jianfeng Wu, 2019. "Pay for Being Responsible: The Effect of Target Firm’s Corporate Social Responsibility on Cross-Border Acquisition Premiums," Sustainability, MDPI, vol. 11(5), pages 1-21, March.
    10. Ahmet Jeyhunov & Jong Dae Kim & Seong Mi Bae, 2025. "The Effects of Board Diversity on Korean Companies’ ESG Performance," Sustainability, MDPI, vol. 17(2), pages 1-26, January.
    11. Madhavan Vishnu Nampoothiri & Oliver Entrop & Thillai Rajan Annamalai, 2024. "Effect of mandatory sustainability performance disclosures on firm value: Evidence from listed European firms," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(6), pages 5220-5235, November.
    12. Andrea Stübner & Svenja Jarchow, 2023. "Family oblige: the link between CSR and succession intention in small and medium family firms," Journal of Business Economics, Springer, vol. 93(3), pages 389-431, April.
    13. Narula, Radhika & Rao, Purnima & Kumar, Satish & Matta, Rahul, 2024. "ESG scores and firm performance- evidence from emerging market," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1170-1184.
    14. R. Benkraiem & M. Qureshi & A. Saeed & C. Zopounidis, 2024. "Corporate Social Responsibility, Carbon Footprints and Stock Market Valuation," Post-Print hal-04679536, HAL.
    15. S. Taniguchi, Kazuhiro, 2022. "Why Fukushima? A diachronic and multilevel comparative institutional analysis of a nuclear disaster," Energy Policy, Elsevier, vol. 167(C).
    16. Chun Jiang & Qiang Fu, 2019. "A Win-Win Outcome between Corporate Environmental Performance and Corporate Value: From the Perspective of Stakeholders," Sustainability, MDPI, vol. 11(3), pages 1-18, February.
    17. Lufeng Gou & Xiaoxiao Li, 2025. "Why Do ESG Rating Differences Affect Audit Fees?—Dual Intermediary Path Analysis Based on Operating Risk and Analyst Earnings Forecast Error," Sustainability, MDPI, vol. 17(2), pages 1-17, January.
    18. John Xuefeng Jiang & Jing Kong, 2024. "Green dies in darkness? environmental externalities of newspaper closures," Review of Accounting Studies, Springer, vol. 29(4), pages 3564-3599, December.
    19. Edilson Bacinello & Gérson Tontini & Anete Alberton, 2021. "Influence of corporate social responsibility on sustainable practices of small and medium‐sized enterprises: Implications on business performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 776-785, March.
    20. Andreas Altendorfer & Brigitte Eierle & Stephan Küster, 2026. "Investor‐ versus Multi‐stakeholder Orientation: The Influence of CSR Framework Adoption on Information Asymmetry," Abacus, Accounting Foundation, University of Sydney, vol. 62(2), pages 469-507, June.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2021-06-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.