|
ISSN: 2344 - 102X
ISSN-L: 2344 - 102X
Our journal is currently indexed in the following databases:
|
| |
Article from Volume 10, Number 1, Year 2022| THE ROLE OF THE SOCIAL DIMENSION OF THE FINANCIAL AUDIT IN THE SUSTAINABLE DEVELOPMENT OF ORGANIZATIONS | 
Download | | Author(s): Camelia - Catalina Mihalciuc, Maria Grosu | | DOI: 10.4316/EJAFB.2022.10114 | | Abstract: To ensure social sustainability, social aspects represent the key objective through ethical and fair corporate practices, this aspect has influenced research from various fields, such as accounting, auditing, finance and management,. Ensuring the sustainable performance of an organization is not only related to financial performance, but also aims at the social and environmental dimension, systematically framed in the concept of global performance, which involves access to resources for exploitation, redistribution in order to obtain cash flows to eliminate potential risks and in order to achieve the objectives. In this context, the main objective of the paper is the analysis of the literature review regarding the contribution of the financial audit to the sustainable development of organizations through social dimension. | | Keywords: Financial Audit; Financial And Non Financial Reporting, Social Dimension, Social Sustainability | References:
1. Abubakar, I. R. (2017). Access To Sanitation Facilities Among Nigerian Households: Determinants And Sustainability Implications. College Of Architecture And Planning, University Of Dammam, Saudi Arabia. Sustainability, 9(4), 547.
2. Acemoglu, D., Robinson, J. (2012). Why Nations Fail: The Origins Of Power, Prosperity, And Poverty. New York: Crown.
3. Aldamen, H., Hollindale, J., Ziegelmayer, J.L. (2016). Female Audit Committee Members And Their Influence On Audit Fees. Accounting And Finance, 58, 57-89.
4. AL-Qatamin, K.I., Salleh, Z. (2020). Audit Quality: A Literature Overview And Research Synthesis. J. Bus. Manag., 22, 56–66.
5. Al-Shaer, H., Zaman, M. (2016). Board Gender Diversity And Sustainability Reporting Quality. Journal Of Contemporary Accounting & Economics, 12(3), 210-222.
6. Arun, T. G., Almahrog, U. E., Aribi, Z. A. (2015). Female Directors And Earnings Management: Evidence From UK Companies. International Review Of Financial Analysis, 39, 137-146.
7. Backof, A. (2015). The Impact Of Audit Evidence Documentation On Jurors' Negligence Verdicts And Damage Awards. The Accounting Review, 90(6), 2177–2204.
8. Barth, M., Landsman, W., Lang, M. (2008). International Accounting Standards And Accounting Quality. Journal Of Accounting Research, 46(3), 467-498.
9. Bédard, J., Gonthier-Besacier, N., Schatt, A. (2014). Costs And Benefits Of Reporting Key Audit Matters In The Audit Report: The French Experience, 2014. Available Online: Http://www.isarhq.org/2014_downloads/papers/ISAR2014_Bedard_Besacier_Schatt.pdf (accessed On 25 September 2021).
10. Bezerra, M.C.D.C., Gohr, C.F., Morioka, S.N. (2020). Organizational Capabilities Towards Corporate Sustainability Benefits: A Systematic Literature Review And An Integrative Framework Proposal. J. Clean. Prod., 247, 119114.
11. Bostan, I, Grosu, V. (2010). The Role Of Internal Audit In Optimization Of Corporate Governance At The Groups Of Companies. Theoretical And Applied Economics, XVII, 2(543), 89-110.
12. Boto-Álvarez, A., García-Fernández, R. (2020). Implementation Of The 2030 Agenda Sustainable Development Goals In Spain. Sustainability, 12, 2546.
13. Bulmer, E., Riera, M., Rodríguez, R. (2021). The Importance Of Sustainable Leadership Amongst Female Managers In The Spanish Logistics Industry: A Cultural, Ethical And Legal Perspective. Sustainability, 13, 6841.
14. Bunget, O.C., Dumitrescu, A.C. (2012). Studiu Asupra Rela?iei Dintre Opinia De Audit ?i Respectarea Principiilor Contabile. Audit Financiar, 10(85), 6-11.
15. Bustelo, M. (2014). Three Decades Of State Feminism And Gender Equality Policies In Multi-governed Spain. Sex Roles, 74, 107–120.
16. Carmona, S., Ezzamel, M. (2016). Accounting And Lived Experience In The Gendered Workplace. Accounting, Organizations And Society, 49,1-8.
17. Carp, M., Istrate. I. (2021). Audit Quality Under Influences Of Audit Firm And Auditee Characteristics: Evidence From The Romanian Regulated Market. Sustainability, 13(12). 6924.
18. Chan, E., Lee, K. (2008). Critical Factors For Improving Social Sustainability Of Urban Renewal Projects. Social Indicators Research, 85(2), 243–256.
19. Christ, K.L., Burritt, R.L., Varsei, M. (2017). Coopetition As A Potential Strategy For Corporate Sustainability. Bus. Strat. Environ., 26, 1029–1040.
20. Cordo?, G.S., Fülöp, M.T. (2015). New Audit Reporting Challenges: Auditing The Going Concern Basis Of Accounting. Procedia Economics And Finance, 32, 216-224.
21. Correa-García, J.A., García-Benau, M.A., García-Meca, E. (2020). Corporate Governance And Its Implications For Sustainability Reporting Quality In Latin American Business Groups. J. Clean. Prod., 260, 121-142.
22. Cuthill, M. (2009). Strengthening The Social In Sustainable Development: Developing A Conceptual Framework For Social Sustainability In A Rapid Urban Growth Region In Australia. Sustainable Development, 18(6), 362–373.
23. Czerney, K., Schmidt, J.J., Thompson, A.M. (2014). Does Auditor Explanatory Language In Unqualified Audit Reports Indicate Increased Financial Misstatement Risk? The Accounting Review, 89(6), 2115-2149.
24. Daly, H.E. U.N. Conferences On Environment And Development: Retrospect On Stockholm And Prospects For Rio. Ecological Economics: The Journal Of The International Society For Ecological Economics, 5, 9–14.
25. Demirel, D., Erol, I. (2016). Investigation Of Integrated Reporting As A New Approach Of Corporate Reporting. International Journal Of Business And Social Research, 10, 32-46.
26. Dempsey, N., Bramley, G., Powers, S., Brown, C. (2011). The Social Dimension Of Sustainable Development: Defining Urban Social Sustainability. Sustainable Development, 19(5), 289– 300.
27. Díaz-Iglesias, S., Blanco-González, A., Orden-Cruz, C. (2021). The Progress Of Corporate Social Responsibility From A Gender Perspective Through The Change Management. Harv. Deusto Bus. Res., 10, 93–108.
28. Dimnik, T., Felton, S. (2006). Accountant Stereotypes In Movies Distributed In North America In The Twentieth Century. Accounting, Organizations And Society, 31(2), 129-155.
29. Eagly, A.H., Gartzia, L., Carli, L.L. (2004). Female Advantage. In The Oxford Handbook Of Gender In Organizations; Kumra, S., Simpson, R., Burke, R., Eds.; Oxford University Press: Oxford, UK, Pp. 153–166.
30. Eizenberg, E., Jabareen, Y. (2017). Social Sustainability: A New Conceptual Framework. Sustainability, 9, 68.
31. Engert, S., Rauter, R., Baumgartner, R.J. (2016). Exploring The Integration Of Corporate Sustainability Into Strategic Management: A Literature Review. J. Clean. Prod., 112, 2833–2850.
32. Eurostat. (2007). Measuring Progress Towards A More Sustainable Europe: 2007 Monitoring Report Of The EU Sustainable Development Strategy. Luxembourg: Office For Official Publications Of The European Communities.
33. Evers, B. A. (2018). Why Adopt The Sustainable Development Goals? The Case Of Multinationals In The Colombian Coffee And Extractive Sector: Master Thesis Erasmus University Rotterdam.
34. Figueroa-Domecq, C., Palomo, J., Flecha-Barrio, M.D., Segovia-Pérez, M. (2020). Technology Double Gender Gap In Tourism Business Leadership. Inf. Technol. Tour., 22, 75–106.
35. Gartzia, L. (2021). Gender Equality In Business Action: A Multi-Agent Change Management Approach. Sustainability, 13, 6209.
36. Gherardi, S., Poggio, B. (2001). Creating And Recreating Gender Order In Organisations, Journal Of World Business, 36(3), 245-259.
37. Global Reporting Initiative. (2018). Consolidated Set Of GRI Sustainability Reporting Standards; GRI: Amsterdam, The Netherlands.
38. Gonzalez-Perez, M.A., Leonard, L. (2015). The Global Compact: Corporate Sustainability In The Post 2015 World. Advances In Sustainability And Environmental Justice, 17, 1–19.
39. Grunwald, A., Coenen, R., Nitsch, J., Sydow, A., Wiedemann, P. (2001). Forschungswerkstatt Nachhaltigkeit: Wege Zur Diagnose Und Therapie Von Nachhaltigkeitsdefiziten, Edition Sigma, Berlin, P. 410.
40. Hakovirta, M., Denuwara, N. (2020). How COVID-19 Redefines The Concept Of Sustainability. Sustainability, 12, 3727.
41. Holden, E, Linnerud, K., Banister, D. (2016). The Imperatives Of Sustainable Development. Sust. Dev., 25, 213– 226.
42. Hussain, F., Chaudhry, M. N., Batool, S. A. (2014). Assessment Of Key Parameters In Municipal Solid Waste Management: A Prerequisite For Sustainability. International Journal Of Sustainable Development & World Ecology, 21(6), 519–525.
43. Hutchins, M. J., Richter, J. S., Henry, M. L., Sutherland, J. W. (2019). Development Of Indicators For The Social Dimension Of Sustainability In A U.S. Business Context, J. Clean. Prod., 212, 687-697.
44. IESBA, (2016). The Handbook Of The Code Of Ethics For Professional Accountants, Translated And Republished By CFAR: Bucharest.
45. Ikram, M., Zhang, Q., Sroufe, R., Ferasso, M. (2020). The Social Dimensions Of Corporate Sustainability: An Integrative Framework Including COVID-19 Insights. Sustainability, 12, 8747.
46. Ikram, M., Zhou, P., Shah, S., Liu, G. (2019). Do Environmental Management Systems Help Improve Corporate Sustainable Development? Evidence From Manufacturing Companies In Pakistan. J. Clean. Prod., 226, 628–641.
47. International Organization For Standardization. (2018). The ISO Survey Of Management System Standard Certifications—2018; ISO: Geneva, Switzerland.
48. Istrate, C. (2012). Gender Issues In Romanian Accounting Profession, Review Of Economic And Business Studies, 5(2), 21-45.
49. Janker, J., Mann, S. (2020). Understanding The Social Dimension Of Sustainability In Agriculture: A Critical Review Of Sustainability Assessment Tools. Environ. Dev. Sustain., 22, 1671–1691.
50. Jonnegard, K., Stafsudd, A., Elg, U. (2010). Performance Evaluation As Gender Barriers In Professional Organizations: A Study Of Audit Firms. Gender, Work & Organization, 17(6), 721-747.
51. Kim, T. (2021). Does A Manager Respond To A Going-Concern Audit Opinion With An Asymmetry In Gain And Loss? Sustainability, 13, 4425.
52. Knechel, W.R. (2016). Audit Quality And Regulation. International Journal Of Auditing , 20, 215–223.
53. Köhler, A.G., Ratzinger-Sakel, N., Theis, J. (2016). The Effects Of Key Audit Matters On The Auditor’s Report’s Communicative Value: Experimental Evidence From Investment Professionals And Non-professional Investors. International Symposium On Audit Research, Singapore, SSRN Electronic Journal 2016. Available Online: Https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2838162 (accessed On 27 September 2021).
54. Lai, K. M. Y., Srinidhi, B., Gul, F. A., Tsui, J. (2017). Board Gender Diversity, Auditor Fees, And Auditor Choice. Contemporary Accounting Research, 34(3), 1681-1714.
55. Littig, B., Griessler, E. (2005). Social Sustainability: A Catchword Between Political Pragmatism And Social Theory. International Journal Of Sustainable Development, 8(1–2), 65–79.
56. Magis, K., Shinn, C. (2009). Emergent Principles Of Social Sustainability. In Understanding The Social Dimension Of Sustainability; 1st Ed.; Dillard, J., Dujon, V.; King, M. Eds.; New York: Routledge, Pp. 15–44.
57. Manrique, S., Marti-Ballester, C. (2017). Analyzing The Effect Of Corporate Environmental Performance On Corporate Financial Performance In Developed And Developing Countries. Sustainability, 9, 1957.
58. McGuinness, P. B., Vieito, J.P., Wang, M. (2017). The Role Of Board Gender And Foreign Ownership In The CSR Performance Of Chinese Listed Firms, Journal Of Corporate Finance, 42, 75-99.
59. McPhail, K., Walters, D. (2009). Accounting And Business Ethics, 1st Edition, Routledge: London.
60. Milne, M. J., Gray, R. (2013). W(h)ither Ecology? The Triple Bottom Line, The Global Reporting Initiative, And Corporate Sustainability Reporting. Journal Of Business Ethics, 118(1), 13–29.
61. Miotto, G., Vilajoana-Alejandre, S. (2019). Gender Equality: A Tool For Legitimacy In The Fast Fashion Industry. Harv. Deusto Bus. Res., 8, 134.
62. Moroney, R. (2016). Regulating Audit Quality-Ramifications And Research Opportunities. International Journal Of Auditing, 20, 105–107.
63. Namakavarani, O.M., Daryaei, A.A., Askarany, D., Askary, S. (2021). Audit Committee Characteristics And Quality Of Financial Information: The Role Of The Internal Information Environment And Political Connections. J. Risk Financial Manag., 14(6), 273.
64. Olmsted, C. (2021). Care Labor, Intergenerational Equity, And (social) Sustainability. Review Of Social Economy.
65. Pfau-Effinger, B. (2004). Socio-historical Paths Of The Male Breadwinner Model—an Explanation Of Cross-national Differences. Br. J. Sociol., 55, 377–399.
66. Reheul, A. M., Van Caneghem, T., Van Den Bogaerd, M., Verbruggen, S. (2017). Auditor Gender, Experience And Reporting In Nonprofit Organizations. Managerial Auditing Journal, 32(6), 550-577.
67. Risman, B.J. (2004). Gender As A Social Structure: Theory Wrestling With Activism. Gender Soc., 18(4), 429–450.
68. Robu, I.B., Istrate, C., Herghiligiu, I.V. (2019). The Use Of Audit Opinion In Estimating The Financial Reporting Transparency Level. Audit Financiar, XVII, 1(153), 79-92.
69. Sarkis, J., Cohen, M.J., Dewick, P., Schröder, P. (2020). A Brave New World: Lessons From The COVID-19 Pandemic For Transitioning To Sustainable Supply And Production. Resour. Conserv. Recycl., 159, 104894.
70. Teigen, M. (2012). Gender Quotas On Corporate Boards: On The Diffusion Of A Distinct National Policy Reform. In: Engelstad F, Teigen M (eds). Firms, Boards And Gender Quotas: Comparative Perspectives Comparative Social Research, Vol 29. Emerald, Bingley, Pp 115–146.
71. Thomas, D., Kai, H. (2002). Beyond The Business Case For Corporate Sustainability. Bus. Strategy Environ, 11, 130–141.
72. Thomas, C. F. (2015). Naturalizing Sustainability Discourse: Paradigm, Practices And Pedagogy Of Thoreau, Leopold, Carson And Wilson: Ph.D Thesis: Arizona State University.
73. Tiron-Tudor, A., Faragalla, W.A. (2018). Women Career Paths In Accounting Organizations: Big4 Scenario, Adm. Sci., 8(4), 62.
74. Tjarve, B., Zem?te, I. (2016). The Role Of Cultural Activities In Community Development. Acta Universitatis Agriculturae Et Silviculturae Mendelianae Brunensis, 64(6), 2151–2160.
75. Tomislav, K. (2018). The Concept Of Sustainable Development: From Its Beginning To The Contemporary Issues. Zagreb International Review Of Economics & Business, 21(1), 67-94.
76. Tosun J., Leininger J. (2017). Governing The Interlink Ages Between The Sustainable Development Goals: Approaches To Attain Policy Integration. Glob Chall., 1, 1700036.
77. Turner, J.L., Mock, T.J., Coram, P.J., Gray, G.L. (2010). Improving Transparency And Relevance Of Auditor Communications With Financial Statement Users. Current Issues In Auditing 2010, 4(1), 1-8.
78. UN General Assembly. (2015). Transforming Our World: The 2030 Agenda For Sustainable Development. Resolution Adopted By The General Assembly. New York: United Nations. Available Online: Http://www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E (accessed On 30 September 2021).
79. United Nations Commission For Sustainable Development (UNCSD). (1996). Indicators For Sustainable Development, Framework And Methodology. Available Online: Http://esl.jrc.it/envind/un_ Meths/UN_ME_c.htm (accessed On 15 September 2021).
80. United Nations Department Of Social And Economic Affairs (UNDESA). (2001). Indicators Of Sustainable Development: Framework And Methodologies. New York: United Nations. Available Online: Https://www.un.org/esa/sustdev/csd/csd9_indi_bp3.pdf (accessed On 17 September 2021).
81. United Nations Department Of Social And Economic Affairs (UNDESA). (2007). Indicators Of Sustainable Development: Guidelines And Methodologies. New York: United Nations,. Available Online: Https://sustainabledevelopment.un.org/index.php?page=view&type=400&nr=107&menu=1515
82. Vallance, S., Perkins, H.C., Dixon, J.E. (2011). What Is Social Sustainability? A Clarification Of Concepts. Geoforum, 42, 342–348.
83. Varyash, I., Mikhaylov, A., Moiseev, N., Aleshin, K. (2020). Triple Bottom Line And Corporate Social Responsibility Performance Indicators For Russian Companies. Entrep. Sustain. Issues, 8, 313–329.
84. Vavik, T., Keitsch, M. (2010). Exploring Relationships Between Universal Design And Social Sustainable Development: Some Methodological Aspects To The Debate On The Sciences Of Sustainability. Sustainable Development, 18(5), 295–305.
85. Wanamaker, C. (2018). The Environmental, Economic, And Social Components Of Sustainability: TheThree Spheres Of Sustainability: Adapted From The U.S. Army Corps Of Engineers.
86. Zander, U., Zander, L., Gaffney, S., Olsson, J. (2010). Intersectionality As A New Perspective In International Business Research. Scand J Manag., 26(4), 457–466.
|
| | Back to journal ... |
|
|
| |
|
|
|
