Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/328029 
Erscheinungsjahr: 
2025
Quellenangabe: 
[Journal:] Amfiteatru Economic [ISSN:] 2247-9104 [Volume:] 27 [Issue:] 70 [Year:] 2025 [Pages:] 939-956
Verlag: 
The Bucharest University of Economic Studies, Bucharest
Zusammenfassung: 
The aim of this research is to investigate the concept of double materiality embedded in sustainability reporting requirements that address both business and society perspectives. In light of stakeholder, legitimacy, and institutional theories, this document explores how environmental, social, and governance (ESG) policies and practices (financial materiality) included in a business strategy may be related to incentives for companies to prioritise Sustainable Development Goals (SDGs) (impact materiality). The data are collected from the Refinitiv Eikon database for nonfinancial international companies, over the 2015-2024 period. Parametric and nonparametric tests for differences in means, correlation analysis, and fixed effects robust regressions are employed to validate three research hypotheses. The results illustrate significant differences on financial and impact perspectives of materiality in European Union (EU) companies, as compared to non-EU companies. Strong associations between ESG scores and SDGs are identified and discussed using the double materiality approach. SDGs prioritisation in general, but also mapped for environmental, social, and governance, is found to have mixed impacts on ESG policies and practices. The findings support the hypothesis that prioritisation of the SDGs may ensure a balance among divergent interests of managers, investors, and other stakeholders. The study has academic and practical contributions to management decisions that integrate sustainable development goals to expand businesses' awareness of sustainability reporting requirements.
Schlagwörter: 
double materiality
sustainability reporting
Environmental
Social
and Governance (ESG) policies and practices
Sustainable Development Goals (SDGs) prioritisation
JEL: 
M41
Q01
Q56
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe
525.76 kB





Publikationen in EconStor sind urheberrechtlich geschützt.