Determinants of Sustainability Reporting Quality: A Systematic Literature Review
DOI:
https://doi.org/10.51137/wrp.ijsbe.589Keywords:
Corporate Firms, Disclosure Quality, Mandatory Reporting, Sustainability, Voluntary ReportingAbstract
The argument that mandatory reporting would only increase quantity rather than quality of disclosure called for further investigation of the determinants of sustainability reporting quality in corporate firms. This systematic review was therefore conducted to identify and analyse the factors influencing sustainability reporting quality in corporate firms. Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method was used to select 28 articles that met the study’s inclusion criteria. The study identified 14 variables- board structure, ownership structure, CEO attributes, audit committee attributes, sustainability committee, Shariah governance, managerial perception, assurance reporting, industry type, regulation, corporate image, climatic and cultural factors and firm-specific factors. While positive impacts of board structure, audit committee, sustainability committee, shariah governance, assurance reporting, industry type, and regulation were confirmed by this study, inconclusive results were found for other variables. That is research findings were inconclusive with respect to CEO attributes, ownership structure, managerial perception, cultural factors, and firm-specific factors. The inconsistency and inconclusiveness of the reviewed studies on these variables require further investigation in future research.
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