SAE Notes

Week 1 Lecture

Intro

During value creation processes, there are also impacts on social environment.

Corporation should pay attention to stable development and ensure corporation to operate in a long run with supports of all stakeholders.

Triple bottom line

• Economic – Profit (Short-run)
• Environmental – Planet (Long-run)
• Social – People (Long-run)

Sustainability

No best practice, Examples ONLY

We are going to evaluate how organisations are doing nowadays.

IR – Integrated Report

It tries to combine the existing financial annual report and the sustainability report.

Natural capital

Organisations tend to use natural capitals (E.g. water, air) without paying for them.

What role do accounting profession play?

They try to tie sustainability reporting to traditional financial reporting.

大概中国社会真的还没发展到可以接受 sustainability 的程度。
Maybe there is still a long way to run before the acceptance of sustainability in China.

Sustainability

Voluntary –> Mandatory

• Does organisation has economic activity to address wider impacts they have?
• Organisations should provide verifiable information so that they can be held accountable for those impacts.

Sustainability –> Accountability

Ethics

Moral reasoning –> Right or Wrong or Depends (context) –> Rules or Principles

Dilemma 窘境

Qualitative Research

One objective case study is chosen. Mainly interviews are conducted.

Focus on how and why questions

Focus on particulars of a situation:

• Depth over breadth (What is happening in a particular case)
• Inductive reasoning (Qual) over deductive reasoning (Quan)

P01 Misunderstandings about case study research

Five misunderstandings

Week 1 Tutorial

Focus points for papers

1. Research gap: How relate to previous literature, What is unique and is not done before, What is the aim, What research question they choose to get this aim, Why important
2. Methods: The way in which they gather the data, Whether data is helpful in answering questions stated by authors.
3. Theory: Explain theory, Explain findings using the theories.
4. Details and findings found in the paper.
5. What do we learn from the paper, Why is it important to study.

Three types of contributions

1. Empirical contribution
2. Methodological contribution
3. Theoretical contribution

P02 Corporate social reporting and stakeholder accountability: The missing link

Regulation will not necessarily result in enhanced corporate accountability.