IDEAS home Printed from https://ideas.repec.org/a/spr/manrev/v74y2024i1d10.1007_s11301-022-00292-7.html
   My bibliography  Save this article

The potential bias for sustainability reporting of global upstream oil and gas companies: a systematic literature review of the evidence

Author

Listed:
  • Febrian Kwarto

    (Universitas Mercu Buana Jakarta Indonesia, Universitas Padjadjaran Bandung)

  • Nunuy Nurafiah

    (Universitas Padjadjaran Bandung Indonesia)

  • Harry Suharman

    (Universitas Padjadjaran Bandung Indonesia)

  • Muhammad Dahlan

    (Universitas Padjadjaran Bandung Indonesia)

Abstract

Sustainability reporting is very important for upstream oil and gas companies. The characteristics of industrial operations require direct involvement in environmental management, which causes better policies. Therefore, it is important to explain that these companies are motivated by ecological awareness or a specific purpose. This research conducts critical discourse analysis with a systematic literature review (SLR) approach of the last eleven years related to the sustainability reporting of the oil and gas industry. Various factors influence companies when implementing sustainability reporting, such as increasing credibility, maintaining reputation, transparency, and avoiding legal sanctions. The results showed several global upstream oil and gas companies still have the potential bias for sustainability reporting because they have not implemented the triple bottom line concept. This potential bias is related to irregularities and fraud in Corporate Social Responsibility (CSR) practice. However, the organization as a ruling group can still carry out its mission of hegemony in the environment and the surrounding community. This research contributes academically and practically because it discusses various studies that used several methods, including surveys, case studies, experiments, and literature to form its conclusions.

Suggested Citation

  • Febrian Kwarto & Nunuy Nurafiah & Harry Suharman & Muhammad Dahlan, 2024. "The potential bias for sustainability reporting of global upstream oil and gas companies: a systematic literature review of the evidence," Management Review Quarterly, Springer, vol. 74(1), pages 35-64, February.
    • Handle: RePEc:spr:manrev:v:74:y:2024:i:1:d:10.1007_s11301-022-00292-7
    DOI: 10.1007/s11301-022-00292-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11301-022-00292-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11301-022-00292-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. E.W.T. Ngai & Chuck C.H. Law & Carlos W.H. Lo & J.K.L. Poon & Shanshan Peng, 2018. "Business sustainability and corporate social responsibility: case studies of three gas operators in China," International Journal of Production Research, Taylor & Francis Journals, vol. 56(1-2), pages 660-676, January.
    2. Anna Zueva & Jenny Fairbrass, 2021. "Politicising Government Engagement with Corporate Social Responsibility: “CSR” as an Empty Signifier," Journal of Business Ethics, Springer, vol. 170(4), pages 635-655, May.
    3. Maria Sandberg & Maria Holmlund, 2015. "Impression management tactics in sustainability reporting," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 11(4), pages 677-689, October.
    4. Hadrian Gery Djajadikerta & Terri Trireksani, 2012. "Corporate social and environmental disclosure by Indonesian listed companies on their corporate web sites," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 13(1), pages 21-36, May.
    5. 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.
    6. Lydia Lamorgese & Davide Geneletti & Maria Rosario Partidario, 2015. "Reviewing Strategic Environmental Assessment Practice in the Oil and Gas Sector," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-26.
    7. Matthias S. Fifka & Maria Drabble, 2012. "Focus and Standardization of Sustainability Reporting – A Comparative Study of the United Kingdom and Finland," Business Strategy and the Environment, Wiley Blackwell, vol. 21(7), pages 455-474, November.
    8. Sergiy D. Dmytriyev & R. Edward Freeman & Jacob Hörisch, 2021. "The Relationship between Stakeholder Theory and Corporate Social Responsibility: Differences, Similarities, and Implications for Social Issues in Management," Journal of Management Studies, Wiley Blackwell, vol. 58(6), pages 1441-1470, September.
    9. Kenneth Roeck & Nathalie Delobbe, 2012. "Do Environmental CSR Initiatives Serve Organizations’ Legitimacy in the Oil Industry? Exploring Employees’ Reactions Through Organizational Identification Theory," Journal of Business Ethics, Springer, vol. 110(4), pages 397-412, November.
    10. Christian Fisch & Joern Block, 2018. "Six tips for your (systematic) literature review in business and management research," Management Review Quarterly, Springer, vol. 68(2), pages 103-106, April.
    11. Alicia Girón & Amirreza Kazemikhasragh & Antonella Francesca Cicchiello & Eva Panetti, 2021. "Sustainability Reporting and Firms’ Economic Performance: Evidence from Asia and Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1741-1759, December.
    12. Laura A. Henry & Soili Nysten-Haarala & Svetlana Tulaeva & Maria Tysiachniouk, 2016. "Corporate Social Responsibility and the Oil Industry in the Russian Arctic: Global Norms and Neo-Paternalism," Europe-Asia Studies, Taylor & Francis Journals, vol. 68(8), pages 1340-1368, September.
    13. Dellaportas, Steven, 2014. "The effect of a custodial sentence and professional disqualification on reintegration," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(8), pages 671-682.
    14. Federica Doni & Antonio Corvino & Silvio Bianchi Martini, 2021. "Corporate governance model, stakeholder engagement and social issues evidence from European oil and gas industry," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 18(3), pages 636-662, September.
    15. Paun, Dorothy, 2018. "Corporate sustainability reporting: An innovative tool for the greater good of all," Business Horizons, Elsevier, vol. 61(6), pages 925-935.
    16. Patrycja Hąbek & Radosław Wolniak, 2016. "Assessing the quality of corporate social responsibility reports: the case of reporting practices in selected European Union member states," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(1), pages 399-420, January.
    17. Shidi Dong & Roger Burritt, 2010. "Cross-sectional benchmarking of social and environmental reporting practice in the australian oil and gas industry," Sustainable Development, John Wiley & Sons, Ltd., vol. 18(2), pages 108-118.
    18. Emma Wilson & Kirill Istomin, 2019. "Beads and Trinkets? Stakeholder Perspectives on Benefit-sharing and Corporate Responsibility in a Russian Oil Province," Europe-Asia Studies, Taylor & Francis Journals, vol. 71(8), pages 1285-1313, September.
    19. Arno Kourula & Guillaume Delalieux, 2016. "The Micro-level Foundations and Dynamics of Political Corporate Social Responsibility: Hegemony and Passive Revolution through Civil Society," Journal of Business Ethics, Springer, vol. 135(4), pages 769-785, June.
    20. Yusuf, Yahaya Y. & Gunasekaran, A. & Musa, Ahmed & El-Berishy, Nagham M. & Abubakar, Tijjani & Ambursa, Hafsat M., 2013. "The UK oil and gas supply chains: An empirical analysis of adoption of sustainable measures and performance outcomes," International Journal of Production Economics, Elsevier, vol. 146(2), pages 501-514.
    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. Tobias Gerwing & Peter Kajüter & Maximilian Wirth, 2022. "The role of sustainable corporate governance in mandatory sustainability reporting quality," Journal of Business Economics, Springer, vol. 92(3), pages 517-555, April.
    2. Stephen N. Hamilton & Richard D. Waters, 2022. "Mainstreaming Standardized Sustainability Reporting: Comparing Fortune 50 Corporations’ and U.S. News & World Report’s Top 50 Global Universities’ Sustainability Reports," Sustainability, MDPI, vol. 14(6), pages 1-17, March.
    3. Lara Tarquinio & Stefanía C. Posadas & Deborah Pedicone, 2020. "Scoring Nonfinancial Information Reporting in Italian Listed Companies: A Comparison of before and after the Legislative Decree 254/2016," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    4. Maria Ehrnström-Fuentes & Steffen Böhm, 2023. "The Political Ontology of Corporate Social Responsibility: Obscuring the Pluriverse in Place," Journal of Business Ethics, Springer, vol. 185(2), pages 245-261, June.
    5. Tiina Onkila & Bhavesh Sarna, 2022. "A systematic literature review on employee relations with CSR: State of art and future research agenda," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(2), pages 435-447, March.
    6. del-Castillo-Feito, Cristina & Blanco-González, Alicia & Hernández-Perlines, Felipe, 2022. "The impacts of socially responsible human resources management on organizational legitimacy," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    7. Jonas Wanner & Christian Janiesch, 2019. "Big data analytics in sustainability reports: an analysis based on the perceived credibility of corporate published information," Business Research, Springer;German Academic Association for Business Research, vol. 12(1), pages 143-173, April.
    8. Svetlana A. Tulaeva & Maria S. Tysiachniouk & Laura A. Henry & Leah S. Horowitz, 2019. "Globalizing Extraction and Indigenous Rights in the Russian Arctic: The Enduring Role of the State in Natural Resource Governance," Resources, MDPI, vol. 8(4), pages 1-20, November.
    9. Maria S. Tysiachniouk, 2020. "Disentangling Benefit-Sharing Complexities of Oil Extraction on the North Slope of Alaska," Sustainability, MDPI, vol. 12(13), pages 1-31, July.
    10. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    11. Jan Wiers & Didier Chabaud, 2022. "Bibliometric analysis of immigrant entrepreneurship research 2009–2019," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 441-464, December.
    12. Anna Görlitz & Michael Dobler, 2023. "Financial accounting for deferred taxes: a systematic review of empirical evidence," Management Review Quarterly, Springer, vol. 73(1), pages 113-165, February.
    13. Jaime-Andres Correa-Garcia & Maria-Antonia Garcia-Benau & Emma Garcia-Meca, 2018. "CSR Communication Strategies of Colombian Business Groups: An Analysis of Corporate Reports," Sustainability, MDPI, vol. 10(5), pages 1-19, May.
    14. Zhang, Dongyang, 2023. "Does green finance really inhibit extreme hypocritical ESG risk? A greenwashing perspective exploration," Energy Economics, Elsevier, vol. 121(C).
    15. Jiang, Wei & Zhang, Cheng & Si, Chengyu, 2022. "The real effect of mandatory CSR disclosure: Evidence of corporate tax avoidance," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    16. Castaldo, Sandro & Ciacci, Andrea & Penco, Lara, 2023. "Perceived corporate social responsibility and job satisfaction in grocery retail: A comparison between low- and high-productivity stores," Journal of Retailing and Consumer Services, Elsevier, vol. 74(C).
    17. Teresa Eugénio & Sónia Gomes & Manuel Castelo Branco & Ana Isabel Morais, 2022. "Non-Financial Reporting and Assurance: A New Opportunity for Auditors? Evidence from Portugal," Sustainability, MDPI, vol. 14(20), pages 1-15, October.
    18. Anthony Goerzen & Michael Sartor & Kristin Brandl & Stacey Fitzsimmons, 2023. "Widening the lens: Multilevel drivers of firm corporate social performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(1), pages 42-60, February.
    19. Siying Cai & Wenzhong Zhu & Yuting Wang, 2023. "Corpus analysis of evaluative language and framework implementation for pharmaceutical industry CSR reports," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(4), pages 2037-2052, July.
    20. Mladen Krstić & Giulio Paolo Agnusdei & Snežana Tadić & Pier Paolo Miglietta, 2023. "Prioritization of e-traceability drivers in the agri-food supply chains," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 11(1), pages 1-26, December.

    More about this item

    Keywords

    CSR; Fraud; Hegemony; Upstream oil and gas;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    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:spr:manrev:v:74:y:2024:i:1:d:10.1007_s11301-022-00292-7. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.