24,849
Views
115
CrossRef citations to date
0
Altmetric
Original Articles

Corporate reporting and accounting for externalities

, &

References

  • A4S, 2012. Future Proofed Decision Making: Integrating Environmental and Social Factors into Strategy, Finance and Operations. London: The Prince’s Accounting for Sustainability Project.
  • A4S, 2017. ‘Knowledge Hub: Guides’: Accounting for Sustainability. Available from: https://www.accountingforsustainability.org/en/knowledge-hub.html?tab1=guides [Accessed 4 August 2017].
  • Aldred, J., 2012. The ethics of emissions trading. New Political Economy, 17 (3), 339–360. doi: 10.1080/13563467.2011.578735
  • Antheaume, N., 2004. Valuing external costs – from theory to practice: implications for full cost environmental accounting. European Accounting Review, 13 (3), 443–464. doi: 10.1080/0963818042000216802
  • Antheaume, N., 2007. Full cost accounting: Adam Smith meets Rachel Carson. In: J. Unerman, J. Bebbington, and B. O’Dwyer, eds. Sustainability Accounting and Accountability. Abingdon: Taylor and Francis, 211–225.
  • Aon Benfield, 2018. Weather, Climate & Catastrophe Insight: 2017 Annual Report. London: Aon Benfield. Available from: http://thoughtleadership.aonbenfield.com/Documents/20180124-ab-if-annual-report-weather-climate-2017.pdf [Accessed 22 March 2018].
  • Arjaliès, D.-L. and Mundy, J., 2013. The use of management control systems to manage CSR strategy: a levers of control perspective. Management Accounting Research, 24 (4), 284–300. doi: 10.1016/j.mar.2013.06.003
  • Atkinson, G., 2000. Measuring corporate sustainability. Journal of Environmental Planning and Management, 43 (2), 235–252. doi: 10.1080/09640560010694
  • Baxter, T., Bebbington, J., and Cutteridge, D., 2004. Sustainability assessment model: modelling economic, resource, environmental and social flows of a project. In: A. Henriques and J. Richardson, eds. The Triple Bottom Line: Does It All Add Up. London: Earthscan, 113–120.
  • Bebbington, J., 2007. Accounting for Sustainable Development Performance. London: Elsevier.
  • Bebbington, J. and Gray, R., 2001. An account of sustainability: failure, success and a reconceptualization. Critical Perspectives on Accounting, 12 (5), 557–587. doi: 10.1006/cpac.2000.0450
  • Bebbington, J. and Larrinaga, C., 2014. Accounting and sustainable development: an exploration. Accounting, Organizations and Society, 39 (6), 395–413. doi: 10.1016/j.aos.2014.01.003
  • Bebbington, J. and Unerman, J., 2018. Achieving the United Nations Sustainable Development Goals: an enabling role for accounting research. Accounting, Auditing & Accountability Journal, 31 (1), 2–24. doi: 10.1108/AAAJ-05-2017-2929
  • Bebbington, J., Gray, R., Hibbitt, C., and Kirk, E., 2001. Full Cost Accounting: An Agenda for Action. London: Certified Accountants Educational Trust.
  • Bebbington, J., Brown, J., and Frame, B., 2007. Accounting technologies and sustainability assessment models. Ecological Economics, 61 (2), 224–236. doi: 10.1016/j.ecolecon.2006.10.021
  • Bebbington, J., Unerman, J., and O’Dwyer, B. eds., 2014. Sustainability Accounting and Accountability. 2nd ed. Abingdon: Routledge.
  • Benston, G.J., 1982. Accounting and corporate accountability. Accounting, Organizations and Society, 7 (2), 87–105. doi: 10.1016/0361-3682(82)90014-9
  • Bent, D., 2006. Towards a monetised Triple Bottom Line for an alcohol producer. Using stakeholder dialogue to negotiate a ‘Licence to Operate’ by constructing an account of social performance. In: S. Schaltegger, M. Bennett, and R. Burritt, eds. Sustainability Accounting and Reporting. Dordrecht: Springer Netherlands, 61–82.
  • Bird, R. and Davis-Nozemack, K., Forthcoming. Tax avoidance as a sustainability problem. Journal of Business Ethics, 1–17.
  • Broadbent, J. and Unerman, J., 2011. Developing the relevance of the accounting academy: the importance of drawing from the diversity of research approaches. Meditari Accountancy Research, 19 (1/2), 7–21. doi: 10.1108/10222521111178600
  • BSO/Origin, 1990–1995. Annual Reports.
  • CDSB, 2015. CDSB Framework for Reporting Environmental Information & Natural Capital: Advancing and Aligning Disclosure of Environmental Information in Mainstream Reports. London: Climate Disclosure Standards Board.
  • Davies, J., 2014. Full cost accounting: integrating biodiversity. In: M. Jones, ed. Accounting for Biodiversity. Abingdon: Routledge, 81–102.
  • Davies, J.C. and Dunk, R.M., 2015. Flying along the supply chain: accounting for emissions from student air travel in the higher education sector. Carbon Management, 6 (5–6), 233–246. doi: 10.1080/17583004.2016.1151503
  • de Alegría, I.M., Molina, G., and del Río, B., 2016. Carbon markets: linking the international emission trading under the United Nations Framework Convention on Climate Change (UNFCCC) and the European Union emission trading scheme (EU ETS). In: W.Y. Chen, T. Suzuki, and M. Lackner, eds. Handbook of Climate Change Mitigation and Adaptation. Cham: Springer, 313–339.
  • Deegan, C., 2014. An overview of legitimacy theory as applied within social and environmental accounting literature. In: J. Bebbington, J. Unerman, and B. O’Dwyer, eds. Sustainability Accounting and Accountability. 2nd ed. Abingdon: Routledge, 248–272.
  • Deegan, C. and Unerman, J., 2011. Financial Accounting Theory. 2nd European edition. London: McGraw-Hill.
  • DEFRA, 2017. UK Plan for Tackling Roadside Nitrogen Dioxide Concentrations. London: Department for Environment Food and Rural Affairs. Available from: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/633270/air-quality-plan-detail.pdf [Accessed 22 March 2018].
  • Demuijnck, G. and Fasterling, B., 2016. The social license to operate. Journal of Business Ethics, 136 (4), 675–685. doi: 10.1007/s10551-015-2976-7
  • Espeland, W.N. and Stevens, M.L., 1998. Commensuration as a social process. Annual Review of Sociology, 24 (1), 313–343. doi: 10.1146/annurev.soc.24.1.313
  • Espeland, W.N. and Stevens, M.L., 2008. A sociology of quantification. European Journal of Sociology, 49 (3), 401–436. doi: 10.1017/S0003975609000150
  • Frame, B. and Brown, J., 2008. Developing post-normal technologies for sustainability. Ecological Economics, 65 (2), 225–241. doi: 10.1016/j.ecolecon.2007.11.010
  • Frame, B. and Cavanagh, J., 2009. Experiences of sustainability assessment: an awkward adolescence. Accounting Forum, 33 (3), 195–208. doi: 10.1016/j.accfor.2008.07.007
  • Frame, B. and O’Connor, M., 2011. Integrating valuation and deliberation: the purposes of sustainability assessment. Environmental Science & Policy, 14 (1), 1–10. doi: 10.1016/j.envsci.2010.10.009
  • Fraser, M., 2012. ‘Fleshing out’ an engagement with a social accounting technology. Accounting, Auditing & Accountability Journal, 25 (3), 508–534. doi: 10.1108/09513571211209626
  • Gasparatos, A., El-Haram, M., and Horner, M., 2009. The argument against a reductionist approach for measuring sustainable development performance and the need for methodological pluralism. Accounting Forum, 33 (3), 245–256. doi: 10.1016/j.accfor.2008.07.006
  • Gray, R., Adams, C., and Owen, D., 2014. Accountability, Social Responsibility and Sustainability: Accounting for Society and the Environment. London: Pearson Higher Education.
  • Gray, R., Owen, D., and Maunders, K., 1988. Corporate social reporting: emerging trends in accountability and the social contract. Accounting, Auditing & Accountability Journal, 1 (1), 6–20. doi: 10.1108/EUM0000000004617
  • GRI, 2016. Consolidated Set of GRI Sustainability Reporting Standards 2016. Amsterdam: Global Reporting Initiative.
  • Harte, G.F. and Owen, D.L., 1987. Fighting de-industrialisation: the role of local government social audits. Accounting, Organizations and Society, 12 (2), 123–141. doi: 10.1016/0361-3682(87)90002-X
  • Hazelton, J., 2015. Developments in corporate water accounting and accountability. In: D. Crowther and M.A. Islam, eds. Sustainability after Rio (Developments in Corporate Governance and Responsibility, volume 8). Bradford: Emerald Group Publishing Ltd., 27–55.
  • Henri, J.-F. and Journeault, M., 2010. Eco-control: the influence of management control systems on environmental and economic performance. Accounting, Organizations and Society, 35 (1), 63–80. doi: 10.1016/j.aos.2009.02.001
  • Herbohn, K., 2005. A full cost environmental accounting experiment. Accounting, Organizations and Society, 30 (6), 519–536. doi: 10.1016/j.aos.2005.01.001
  • Hiss, S., 2013. The politics of the financialization of sustainability. Competition & Change, 17 (3), 234–247. doi: 10.1179/1024529413Z.00000000035
  • Holmes, A.H., Moore, L.S.P., Sundsfjord, A., Steinbakk, M., Regmi, S., Karkey, A., Guerin, P.J., and Piddock, L.J.V., 2016. Understanding the mechanisms and drivers of antimicrobial resistance. The Lancet, 387 (10014), 176–187. doi: 10.1016/S0140-6736(15)00473-0
  • Hopwood, A.G., Unerman, J., and Fries, J. eds., 2010. Accounting for Sustainability: Practical Insights. London: Earthscan.
  • Houlder, V., 2016. ‘Starbucks’ European unit pays $15m UK tax. Financial Times, 29 June.
  • Howes, R., 2000. Corporate environmental accounting: accounting for environmentally sustainable profits. In: S. Simon and J. Proops, eds. Greening the Accounts, a Volume in the International Library of Ecological Economics. London: Edward Elgar, 223–245.
  • Huff, D., 1954. How to Lie with Statistics. New York: W. W, Norton & Co Inc.
  • Humphrey, C., O’Dwyer, B., and Unerman, J., 2017. Re-theorizing the configuration of organizational fields: the IIRC and the pursuit of ‘Enlightened’ corporate reporting. Accounting and Business Research, 47 (1), 30–63. doi: 10.1080/00014788.2016.1198683
  • IASB, 2015. Exposure Draft of: Conceptual Framework for Financial Reporting (ED/2015/3). London: IFRS Foundation.
  • ICAEW, 2017. Whats Next for Corporate Reporting: Time to Decide? London: ICAEW Financial Reporting Faculty.
  • IIRC, 2013. The International <IR> Framework. London: International Integrated Reporting Council.
  • IPCC, 2014. Climate Change 2014: Synthesis Report. Contribution of Working Groups I, II and III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change [Core Writing Team, R.K. Pachauri and L.A. Meyer (eds.)]. Geneva: Intergovernmental Panel on Climate Change.
  • Jones, C. and Dugdale, D., 2001. The concept of an accounting regime. Critical Perspectives on Accounting, 12 (1), 35–63. doi: 10.1006/cpac.2000.0412
  • Kelvin, W.T.B., 1891. Popular Lectures and Addresses. London: Macmillan and Company.
  • Kirchler, E., Maciejovsky, B., and Schneider, F., 2003. Everyday representations of tax avoidance, tax evasion, and tax flight: do legal differences matter? Journal of Economic Psychology, 24 (4), 535–553. doi: 10.1016/S0167-4870(02)00164-2
  • Knox-Hayes, J., 2013. The spatial and temporal dynamics of value in financialization: analysis of the infrastructure of carbon markets. Geoforum, 50, 117–128. doi: 10.1016/j.geoforum.2013.08.012
  • KPMG, 2017. The KPMG Survey of Corporate Responsibility Reporting 2017. October 2017. KPMG International Cooperative. Available from: https://home.kpmg.com/xx/en/home/insights/2017/10/the-kpmg-survey-of-corporate-responsibility-reporting-2017.html [Accessed 23 October 2017].
  • Lamberton, G., 2000. Accounting for sustainable development – a case study of City Farm. Critical Perspectives on Accounting, 11 (5), 583–605. doi: 10.1006/cpac.1999.0475
  • Leatherbury, L., 2017. The rise of antibiotic-resistant infections threatens economies. Financial Times Online, 7 July, London. Available from: https://www.ft.com/content/1a3b06fa-57ff-11e7-80b6-9bfa4c1f83d2 [Accessed 27 July 2017].
  • Lisi, I.E., 2015. Translating environmental motivations into performance: the role of environmental performance measurement systems. Management Accounting Research, 29 (Supplement C), 27–44. doi: 10.1016/j.mar.2015.06.001
  • Macaulay, 1999. Corporate Reporting for Sustainable Development: Agriculture. Aberdeen: Macaulay Land Use Research Institute.
  • MacKenzie, D., 2009. Making things the same: gases, emission rights and the politics of carbon markets. Accounting, Organizations and Society, 34 (3), 440–455. doi: 10.1016/j.aos.2008.02.004
  • Marriage, M., 2017. Multinationals avoid up to £5.8bn in UK tax, HMRC finds. Financial Times, 24 October.
  • Martindale, N., 2017. Fair play. Economia, June, 47–49.
  • McKernan, J.F., 2007. Objectivity in accounting. Accounting, Organizations and Society, 32 (1), 155–180. doi: 10.1016/j.aos.2006.03.008
  • Mildenberger, C.D., Forthcoming. A liberal theory of externalities? Philosophical Studies.
  • Miller, P. and Power, M., 2013. Accounting, organizing, and economizing: connecting accounting research and organization theory. The Academy of Management Annals, 7 (1), 557–605. doi: 10.5465/19416520.2013.783668
  • Milne, M.J., 1996. On sustainability; the environment and management accounting. Management Accounting Research, 7 (1), 135–161. doi: 10.1006/mare.1996.0007
  • NCC, 2016a. Natural Capital Protocol. London: The Natural Capital Coalition. Available from: www.naturalcapitalcoalition.org/protocol [Accessed 3 August 2017].
  • NCC, 2016b. The Path Towards the Natural Capital Protocol: A Primer for Business. London: The Natural Capital Coalition. Available from: www.naturalcapitalcoalition.org/protocol [Accessed 3 August 2017].
  • NCC, 2017. Natural Capital Coalition: History, Vision & Mission. http://naturalcapitalcoalition.org/who/history-vision-mission/ [Accessed 3 August 2017].
  • Nobes, C. and Stadler, C., 2017. Disclosure Quality and International Comparability under IFRS: Evidence from Pension Discount Rates, Impairment and Capitalisation of Development Costs. London: ICAEW Chartered Accountants’ Trustees Limited. Available from: https://www.icaew.com/-/media/corporate/files/technical/research-and-academics/publications-and-projects/disclosure-quality-and-international-comparability.ashx [Accessed 4 August 2017].
  • O’Dwyer, B. and Unerman, J., 2016. Fostering rigour in accounting for social sustainability. Accounting, Organizations and Society, 49, 32–40. doi: 10.1016/j.aos.2015.11.003
  • Pajuelo Moreno, M.L., 2013. Assessment of the impact of business activity in sustainability terms. Empirical confirmation of its determination in Spanish companies. Sustainability, 5 (6), 2389–2420. doi: 10.3390/su5062389
  • Payne, D.M. and Raiborn, C.A., 2018. Aggressive tax avoidance: a conundrum for stakeholders, governments, and morality. Journal of Business Ethics, 147 (3), 469–487. doi: 10.1007/s10551-015-2978-5
  • Pickard, J. and Campbell, P., 2017. UK plans to ban sale of new petrol and diesel cars by 2040. Financial Times, 26 July. Available from: https://www.ft.com/content/7e61d3ae-718e-11e7-93ff-99f383b09ff9 [Accessed 7 October 2017].
  • PUMA, 2012. Business and Sustainability Report. Herzogenaurach: PUMA SE.
  • PwC, 2013. Measuring and Managing Total Impact: A New Language for Business Decisions. Available from: http://www.pwc.com/gx/en/sustainability/publications/total-impact-measurement-management/assets/pwc-timm-report.pdf [Accessed 4 August 2017].
  • PwC, 2017. Total Impact – A New Perspective on Decision Making. Available from: https://www.pwc.co.uk/services/sustainability-climate-change/total-impact/total-impact-a-new-perspective-on-decision-making.html [Accessed 2 August 2017].
  • Review on Antimicrobial Resistance, 2014. Antimicrobial Resistance: Tackling a Crisis for the Health and Wealth of Nations. London: Review on Antimicrobial Resistance. Available from: https://amr-review.org/sites/default/files/AMR%20Review%20Paper%20-%20Tackling%20a%20crisis%20for%20the%20health%20and%20wealth%20of%20nations_1.pdf [Accessed 27 July 2017].
  • Review on Antimicrobial Resistance, 2015. Securing New Drugs for Future Generations: The Pipeline of Antibiotics. London: Review on Antimicrobial Resistance. Available from: https://amr-review.org/sites/default/files/SECURING%20NEW%20DRUGS%20FOR%20FUTURE%20GENERATIONS%20FINAL%20WEB_0.pdf [Accessed 27 July 2017].
  • Rubenstein, D.B., 1994. Environmental Accounting for the Sustainable Corporation: Strategies and Techniques. Westport, CT: Quorum Books.
  • Russell, S. and Lewis, L., 2014. Accounting and accountability for fresh water: exploring initiatives and innovations. In: J. Bebbington, J. Unerman, and B. O’Dwyer, eds. Sustainability Accounting and Accountability. 2nd ed. Abingdon: Routledge, 213–229.
  • Russell, S., Milne, M., and Dey, C., 2017. Accounts of nature and the nature of accounts: critical reflections on environmental accounting and propositions for ecologically informed accounting. Accounting, Auditing & Accountability Journal, 30 (7), 1426–1458. doi: 10.1108/AAAJ-07-2017-3010
  • Samiolo, R., 2012. Commensuration and styles of reasoning: Venice, cost–benefit, and the defence of place. Accounting, Organizations and Society, 37 (6), 382–402. doi: 10.1016/j.aos.2012.04.001
  • SASB, 2017. SASB Conceptual Framework. San Francisco, CA: Sustainability Accounting Standards Board.
  • Shocker, A. and Sethi, S., 1974. An approach to incorporating social preferences in developing corporate action strategies. In: S. Sethi, ed. The Unstable Ground: Corporate Social Policy in a Dynamic Society. Los Angeles, CA: Melville, 67–80.
  • Stranger, C. and Forum for the Future and Carillion, 2002. Sustainability Accounting in the Construction Industry. London: Construction Industry Research and Information Association Publishing Services.
  • TCFD, 2017. Recommendations of the Task Force on Climate-related Financial Disclosures. Task Force on Climate-Related Financial Disclosures. Available from: https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf [Accessed 5 September 2017].
  • The Crown Estate, 2017. Total Contribution Methodology. London: The Crown Estate. Available from: https://www.thecrownestate.co.uk/media/1023089/the-crown-estate-methodology-2017.pdf [Accessed 20 December 2017].
  • Thomson, I., 2014. Mapping the terrain of sustainability and accounting for sustainability. In: J. Bebbington, J. Unerman, and B. O’Dwyer, eds. Sustainability Accounting and Accountability. 2nd ed. Abingdon: Routledge, 15–29.
  • Unerman, J. and Chapman, C., 2014. Academic contributions to enhancing accounting for sustainable development. Accounting, Organizations and Society, 39 (6), 385–394. doi: 10.1016/j.aos.2014.07.003
  • United States Environmental Protection Agency, 1996. Environmental Accounting Case Studies: Full Cost Accounting for Decision Making at Ontario Hydro. Washington, DC: United States Environmental Protection Agency.
  • USGCRP, 2017. Climate Science Special Report: Fourth National Climate Assessment, Volume I. Washington, DC: U.S. Global Change Research Program, 470.
  • Welfens, P.J.J., Yu, N., Hanrahan, D., and Geng, Y., 2017. The ETS in China and Europe: dynamics, policy options and global sustainability perspectives. International Economics and Economic Policy, 14 (3), 517–535. doi: 10.1007/s10368-017-0392-4
  • WMO, 2017. Greenhouse Gas Bulletin. 30 October 2017. World Meteorological Organization. Available from: https://ane4bf-datap1.s3-eu-west-1.amazonaws.com/wmocms/s3fs-public/ckeditor/files/GHG_Bulletin_13_EN_final_1_1.pdf?LGJNmHpwKkEG2Qw4mEQjdm6bWxgWAJHa [Accessed 30 October 2017].
  • World Bank, 2017. Drug-Resistant Infections: A Threat to Our Economic Future. March 2017, Washington, DC: World Bank Group. Available from: http://documents.worldbank.org/curated/en/323311493396993758/pdf/114679-REVISED-v2-Drug-Resistant-Infections-Final-Report.pdf [Accessed 27 July 2017].
  • Xing, Y., Horner, R.M.W., El-Haram, M.A., and Bebbington, J., 2009. A framework model for assessing sustainability impacts of urban development. Accounting Forum, 33 (3), 209–224. doi: 10.1016/j.accfor.2008.09.003
  • Zappettini, F. and Unerman, J., 2016. ‘Mixing’ and ‘Bending’: the recontextualisation of discourses of sustainability in integrated reporting. Discourse & Communication, 10 (5), 521–542. doi: 10.1177/1750481316659175