{"title":"Editorial vol 16 iss 5","authors":"Sonali Bhattacharya, Dipasha Sharma","doi":"10.14453/aabfj.v16i5.01","DOIUrl":null,"url":null,"abstract":"This Special issue of Australasian Accounting Business and Finance Journal (AABFJ) comes out of the SCMHRDTECHNOLOGY, ECONOMICS, ANALYTICS AND MANAGEMENT (S-TEAM) CONFERENCE 2021. This is the second conference virtually organized by Symbiosis Centre for Management and Human Resource Development (SCMHRD) in collaboration with EM Normandie Business School, France. The antecedents and consequents of Environment, Social and Governance practices have been of interest in recent decades especially its relationship with United Nations sustainable development goals (UNSDG). For example: 74 SCOPUS indexed articles have been published in last two and half years on the convergence of thoughts around ESG practices, sustainable reporting and their linkages with UNSDG. Hence in S-Team 2021 Conference one of the tracks was devoted to the topic of “Sustainable Accountability, Circular Economy and Corporate Financial Performance.” The track engaged discussion on sustainable finance, sustainable reporting, financial inclusion and their implications on corporate financial performances. The myopic focus on financial performance negatively impacts the firms’ long term corporate sustainability (Lo et al., 2021). The dual advantage of environmental and economic performance is leading its way towards the concept of circular economy with the core theme of extended usage of products, materials or resources (Gregson et al., 2015). Circular economy leads to sustainable business management impacting strategic planning, cost management, supply chain management, quality management, environmental management, process management, logistics and reverse logistics, service management, and research and development (Barros et al., 2021). However, there is dearth of studies connecting the aspects of circular economy and financial reporting or corporate sustainable performance of firms (Gunarathne et al., 2021). This has created a room of opportunity for researchers to explore and observe empirical evidences in this niche domain. Firms need to align their strategic plans around circular economy theme as many countries like China has announced it as a part of its Economic and Sustainable Plans (13th-five-year plan, 2016–2020). Kuo and Chang (2021) found empirical evidences of higher sustainable growth rate and return on equity by firms which disclosed more aligned financial or sustainable reporting to circular economic goal. This Special Issue is aiming to open up conversation among scholars on sustainable financial reporting & practice with respect to the dynamic geo-political, economic and technological business environment. In line with this aim, Arora and Sharma (2022) analyse the impact of","PeriodicalId":45715,"journal":{"name":"Australasian Accounting Business and Finance Journal","volume":null,"pages":null},"PeriodicalIF":1.6000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australasian Accounting Business and Finance Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.14453/aabfj.v16i5.01","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This Special issue of Australasian Accounting Business and Finance Journal (AABFJ) comes out of the SCMHRDTECHNOLOGY, ECONOMICS, ANALYTICS AND MANAGEMENT (S-TEAM) CONFERENCE 2021. This is the second conference virtually organized by Symbiosis Centre for Management and Human Resource Development (SCMHRD) in collaboration with EM Normandie Business School, France. The antecedents and consequents of Environment, Social and Governance practices have been of interest in recent decades especially its relationship with United Nations sustainable development goals (UNSDG). For example: 74 SCOPUS indexed articles have been published in last two and half years on the convergence of thoughts around ESG practices, sustainable reporting and their linkages with UNSDG. Hence in S-Team 2021 Conference one of the tracks was devoted to the topic of “Sustainable Accountability, Circular Economy and Corporate Financial Performance.” The track engaged discussion on sustainable finance, sustainable reporting, financial inclusion and their implications on corporate financial performances. The myopic focus on financial performance negatively impacts the firms’ long term corporate sustainability (Lo et al., 2021). The dual advantage of environmental and economic performance is leading its way towards the concept of circular economy with the core theme of extended usage of products, materials or resources (Gregson et al., 2015). Circular economy leads to sustainable business management impacting strategic planning, cost management, supply chain management, quality management, environmental management, process management, logistics and reverse logistics, service management, and research and development (Barros et al., 2021). However, there is dearth of studies connecting the aspects of circular economy and financial reporting or corporate sustainable performance of firms (Gunarathne et al., 2021). This has created a room of opportunity for researchers to explore and observe empirical evidences in this niche domain. Firms need to align their strategic plans around circular economy theme as many countries like China has announced it as a part of its Economic and Sustainable Plans (13th-five-year plan, 2016–2020). Kuo and Chang (2021) found empirical evidences of higher sustainable growth rate and return on equity by firms which disclosed more aligned financial or sustainable reporting to circular economic goal. This Special Issue is aiming to open up conversation among scholars on sustainable financial reporting & practice with respect to the dynamic geo-political, economic and technological business environment. In line with this aim, Arora and Sharma (2022) analyse the impact of
本期澳大利亚会计商业与金融杂志(AABFJ)特刊由SCMHRDTECHNOLOGY, ECONOMICS, ANALYTICS and MANAGEMENT (S-TEAM) CONFERENCE 2021出版。这是由管理和人力资源开发共生中心与法国诺曼底商学院合作举办的第二次虚拟会议。近几十年来,环境、社会和治理实践的前因和后果一直备受关注,特别是其与联合国可持续发展目标(UNSDG)的关系。例如:在过去两年半的时间里,已经发表了74篇SCOPUS索引文章,内容涉及围绕ESG实践、可持续报告及其与联合国可持续发展目标的联系的思想融合。因此,在S-Team 2021大会上,其中一个主题是“可持续问责制、循环经济和企业财务绩效”。会议讨论了可持续金融、可持续报告、普惠金融及其对企业财务绩效的影响。对财务绩效的短视关注对公司的长期企业可持续性产生了负面影响(Lo et al., 2021)。环境和经济绩效的双重优势正在引领其走向循环经济的概念,其核心主题是产品,材料或资源的扩展使用(Gregson等人,2015)。循环经济导致可持续的业务管理,影响战略规划、成本管理、供应链管理、质量管理、环境管理、流程管理、物流和逆向物流、服务管理和研发(Barros et al., 2021)。然而,缺乏将循环经济与财务报告或企业可持续绩效联系起来的研究(Gunarathne et al., 2021)。这为研究人员在这个利基领域探索和观察经验证据创造了机会。企业需要围绕循环经济主题制定战略计划,因为中国等许多国家已经宣布将其作为其经济和可持续发展计划(第13个五年计划,2016-2020)的一部分。Kuo和Chang(2021)发现经验证据表明,披露与循环经济目标更一致的财务或可持续报告的公司,可持续增长率和股本回报率更高。本期特刊旨在就动态地缘政治、经济和技术商业环境下的可持续财务报告与实践展开学者之间的对话。根据这一目标,阿罗拉和夏尔马(2022)分析的影响
期刊介绍:
The Australasian Accounting, Business and Finance Journal is a double blind peer reviewed academic journal. The main focus of our journal is to encourage research from areas of social and environmental critique, exploration and innovation as well as from more traditional areas of accounting, finance, financial planning and banking research. There are no fees or charges associated with submitting to or publishing in this journal.