Integrating stakeholder theory and sustainability accounting: A conceptual synthesis
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Journal of Cleaner Production, Jahrgang 275, 124097, 01.12.2020.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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RIS
TY - JOUR
T1 - Integrating stakeholder theory and sustainability accounting
T2 - A conceptual synthesis
AU - Hörisch, Jacob
AU - Schaltegger, Stefan
AU - Freeman, R. Edward
N1 - Publisher Copyright: © 2020 Elsevier Ltd
PY - 2020/12/1
Y1 - 2020/12/1
N2 - This paper aims at integrating the bodies of literature on stakeholder theory and sustainability accounting. Using the conceptual methodological approach of theory synthesis, stakeholder theory is employed as a method theory to advance sustainability accounting as a domain theory. On this basis the concept of ‘Accounting for Sustainability and Stakeholders’ is developed. This concept highlights which sustainability topics and which stakeholders to consider in accounting for a given organization and how the inclusion of additional stakeholders and topics can contribute to creating value for stakeholders. In conclusion, this paper highlights that an overly broad inclusion of stakeholder groups and sustainability topics can be replaced by a purposeful selection of stakeholders and topics of particular relevance for the specific organization. As an additional advantage, the concept prevents disconnecting sustainability accounting from conventional accounting.
AB - This paper aims at integrating the bodies of literature on stakeholder theory and sustainability accounting. Using the conceptual methodological approach of theory synthesis, stakeholder theory is employed as a method theory to advance sustainability accounting as a domain theory. On this basis the concept of ‘Accounting for Sustainability and Stakeholders’ is developed. This concept highlights which sustainability topics and which stakeholders to consider in accounting for a given organization and how the inclusion of additional stakeholders and topics can contribute to creating value for stakeholders. In conclusion, this paper highlights that an overly broad inclusion of stakeholder groups and sustainability topics can be replaced by a purposeful selection of stakeholders and topics of particular relevance for the specific organization. As an additional advantage, the concept prevents disconnecting sustainability accounting from conventional accounting.
KW - Sustainability sciences, Management & Economics
KW - Accounting for stakeholders
KW - Reporting
KW - stakeholder theory
KW - Sustainability Accounting
KW - Value creation
KW - Sustainability
UR - http://www.scopus.com/inward/record.url?scp=85091211512&partnerID=8YFLogxK
U2 - 10.1016/j.jclepro.2020.124097
DO - 10.1016/j.jclepro.2020.124097
M3 - Journal articles
VL - 275
JO - Journal of Cleaner Production
JF - Journal of Cleaner Production
SN - 0959-6526
M1 - 124097
ER -