Environmental disclosures in the management report: transparency, responsibility and communication

Main Article Content

Nataliia Syrotenko
Nataliia Pravdiuk
Yulia Slobodyanik
Svitlana Holovatska
Tetyana Skrypko
صندلی اداری

Abstract

The study examines the features of environmental disclosures in the management reports of medium and large enterprises of Ukraine for 2018-2019, as well as non-financial reports of leading global companies, highlights the positive aspects and problematic issues in terms of information content, provides recommendations to improve approaches to environmental disclosures and enhancement the quality and public confidence in the reports. The methodological basis of the study is Ukrainian regulatory framework and recommendations of non-governmental world organizations on environmental disclosures, comparative analysis, theoretical studies, and best practices. In the course of the research were collected and processed empirical data of 78 medium and large enterprises of 7 leading sectors of Ukraine's economy and data from some of the world's largest energy, mining, agricultural, transport, pharmaceutical, food, and construction companies. The conducted research confirms that the lack of mandatory indicators regarding disclosing environmental information and sanctions for non-provision and improper disclosure of data does not ensure transparency and comparability of reports. In order to monitor the environmental situation in Ukraine, it is recommended to disclose environmental information to all enterprises, regardless of their size; creation at the level of the regulator of a model report with the inclusion of a list of mandatory indicators of public importance and additional industry indicators; strengthening responsibility for improper information and incomplete disclosure and concealment of significant financial and non-financial environmental information; introduction of the statutory audit of management reports.

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Article Details

Section
Integration System of Education, Science and Production
Author Biographies

Nataliia Syrotenko, Odessa National University of Economics

Ph.D. in Economics, Associate Professor, Department of Accounting and Auditing

PhD in Economics (Candidate of Economic Sciences), Associate professor of the Department of Accounting and Auditing in Odessa National University of Economics (Ukraine). She is a Deputy Chairman of the Section for Educational and Methodological Support of Education Content of the Scientific and Methodological Council l in Odessa National University of Economics, the expert in accreditation of educational programs in National Agency for Higher Education Quality Assurance (Ukraine), the author of more than 50 scientific works. She has an experience in financial accounting, management accounting. Scientific interests: accounting, control, reporting, social and environmental aspects of the enterprise activities. ResearcherID: A-8423-2015

Nataliia Pravdiuk, Vinnytsia National Agrarian University

Doctor of Economics, Professor, Head of Accounting Department

Yulia Slobodyanik, Kyiv National Economic University named after Vadym Hetman

Doctor of Economics, Professor of the of the Audit Department of Kyiv National Economic University named after Vadym Hetman

Member of the Audit Chamber of Ukraine, certified auditor in Ukraine.

Svitlana Holovatska , Lviv University of Economic and Trade

Ph.D. in Economics, Professor of the Accounting Department. She main research interest focuses on organization and methodology of controlling,  strategic cost -management,  analysis and control in the enterprise management system,  integrated financial reporting. Her has published numerous journal publications, conference papers, books, and book chapters. Researcher ID: G-2576-2019

Tetyana Skrypko, Ivan Franko National University of Lviv

Doctor of Economic Sciences , Associate Professor of Management, Department of Management and Good's Examination.  Developer of national acts to improve the legal framework and acts for the development of innovation state infrastructure. She teaches disciplines taught: investment management, innovation management, hotel and restaurant management, creative management, public administration, corporate management. Scientific interests: Investment and innovation activity, small and medium enterprises, national economic development and security, tourism management

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