Stakeholder expectations on CSR management and current regulatory developments in Europe and Germany
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Corporate Ownership & Control , Jahrgang 12, Nr. 4, 01.06.2015, S. 506-513.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Stakeholder expectations on CSR management and current regulatory developments in Europe and Germany
AU - Müller, Stefan
AU - Stawinoga, Martin
AU - Velte, Patrick
N1 - Publisher Copyright: © 2015, Virtus Interpress. All rights reserved.
PY - 2015/6/1
Y1 - 2015/6/1
N2 - The new European Directive 2014/95/EU extends the corporate disclosure of public interest entities (PIE) in the EU by a non-financial statement. The new member state option allows either the integration of these sustainability-related aspects into the traditional management report or the preparation of a separate report in line with established CSR guidelines – for example a sustainabilityreport in accordance with the Global Reporting Initiative (GRI) guidelines or an integrated report in accordance with the International Integrated Reporting Council (IIRC) framework. However it is unclear which sustainability-related aspects as a key instrument of CSR management should be prospectively disclosed. Although the EU is seeking for concretization hereof, the member states are facing the challenge of implementing this Directive without any specific instructions or definition of sectoral key performance indicators to be disclosed. Based on a German survey of various stakeholder groups the present article explores, which sustainability-related aspects are useful for their decisionsand could be therefore disclosed within the management report in accordance with the GRI guidelines.
AB - The new European Directive 2014/95/EU extends the corporate disclosure of public interest entities (PIE) in the EU by a non-financial statement. The new member state option allows either the integration of these sustainability-related aspects into the traditional management report or the preparation of a separate report in line with established CSR guidelines – for example a sustainabilityreport in accordance with the Global Reporting Initiative (GRI) guidelines or an integrated report in accordance with the International Integrated Reporting Council (IIRC) framework. However it is unclear which sustainability-related aspects as a key instrument of CSR management should be prospectively disclosed. Although the EU is seeking for concretization hereof, the member states are facing the challenge of implementing this Directive without any specific instructions or definition of sectoral key performance indicators to be disclosed. Based on a German survey of various stakeholder groups the present article explores, which sustainability-related aspects are useful for their decisionsand could be therefore disclosed within the management report in accordance with the GRI guidelines.
KW - Sustainability Science
KW - Management studies
KW - Corporate disclosure
KW - Corporate governance
KW - Corporate social responsibility management
KW - CSR reporting
KW - Stakeholder relations
UR - http://www.scopus.com/inward/record.url?scp=84937858472&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/e6b73d9b-6ace-3256-b187-a7a98e2eda0c/
U2 - 10.22495/cocv12i4c4p8
DO - 10.22495/cocv12i4c4p8
M3 - Journal articles
VL - 12
SP - 506
EP - 513
JO - Corporate Ownership & Control
JF - Corporate Ownership & Control
SN - 1727-9232
IS - 4
ER -