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Published in: Sustainability Management Forum | NachhaltigkeitsManagementForum 1-4/2018

31-08-2018 | Originalbeitrag / Original article

Mandatory CSR reporting—literature review and future developments in Germany

Author: Maryna Gulenko

Published in: Sustainability Nexus Forum | Issue 1-4/2018

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Abstract

The last years have seen an upsurge in corporate social responsibility (CSR) reporting regulation around the world. Based on a summary of the literature, this paper provides an overview over possible consequences of CSR reporting regulation and derives potential future developments brought by the introduction of the European CSR Directive in Germany. The results suggest that mandatory CSR reporting leads to a shift in companies’ reporting behaviour. In particular, more companies report on CSR issues and overall quantity of reporting is increased. However, this does not go along with an increase in reporting quality. Moreover, results indicate that consequences of companies’ changed reporting behaviour (i. e., second-order consequences) are under-researched. Lastly, this paper suggests that German companies will, subsequent to the CSR Directive, increase the number of topics covered in their CSR reports, possibly at the expense of overall reporting quality. It remains an interesting question for future researchers to examine the extent to which mandatory CSR reporting may bring about other consequences, on a company-, investor- or society-level.

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Appendix
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Footnotes
1
Throughout the literature, authors have used other terms besides CSR to refer to the same underlying concept, such as ‘sustainability reporting’ and ‘non-financial reporting’. Although one can discriminate between these terms, most of the literature that I review has used them interchangeably.
 
2
Non-financial reporting.
 
3
Arguably, the consequences described in Section 4.3.1 (e. g., firm value) affect investors as well. However, I choose to label these consequences as company-level consequences, as they affect investors indirectly through their direct effect on the company.
 
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Metadata
Title
Mandatory CSR reporting—literature review and future developments in Germany
Author
Maryna Gulenko
Publication date
31-08-2018
Publisher
Springer Berlin Heidelberg
Published in
Sustainability Nexus Forum / Issue 1-4/2018
Print ISSN: 2948-1619
Electronic ISSN: 2948-1627
DOI
https://doi.org/10.1007/s00550-018-0476-9

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