Achieving a Sustainable Business: The Role of Environmental Management Accounting in Corporate Governance

Comparing sustainability disclosures on corporate websites: a case study of Newmont Mining Corporation's plant sites in Ghana

“…The comprehensive narrative disclosures found on the plant's websites could indicate the intention of managers of Newmont Ghana Gold Ltd and Newmont Golden Ridge Ltd plants sites in meeting the diverse needs of different stakeholders (Kaur & Lodhia, 2018), showing evidence of legitimacy intentions. However, given the limited financial information available on the websites, it can be argued that more disclosure and integration of financial and non-financial reporting on the websites could strengthen corporate accountability in responding to the different stakeholder groups' expectations on their legitimacy concerns (Perrini and Tencati, 2006;Amoako, et al, 2017).…”

“…These industry associations usually propose reporting frameworks such as the GRI and the UNDSD which then become institutionalised over time (Amoako, et al, 2017;Vigneau, Humphreys & Moon, 2015). The mining sector being environmental sensitive is driven by institutional forces from the International Council on Mining and Metals (ICMM), country specific regulatory bodies and global corporate trends, mining corporations are increasingly publishing GRI-based sustainability reports KPMG, 2014).…”

“…Multinational enterprises' sourcing from developing countries provide potential benefits to host country suppliers, on the other hand, concerns have been raised on the over emphasis of multinationals on cost reductions in the host nation's supplier, outsourcing of production activities to low-income countries undermines corporate social responsibility tenets (e.g., Gorg and Seric, 2016). In response to this, some multinational corporations have resorted to sustainability reporting which has drawn the attention of many researchers (Amoako, Marfo, Gyabaah and Ghorman, 2017). Hence, there are now many studies evaluating the contents of sustainability reporting of multinational corporations and most of them are comparing sectors and regions (such as Morhardt, 2010;KPMG, 2014;Stanny and Ely, 2008;Adelopo et al, 2012;Branco, et al, 2014;Fifka and Drabble, 2012).…”

Corporate Social Responsibility (CSR): motivations and challenges of a Multinational Enterprise (MNE) subsidiary’s engagement with host communities in Ghana

“…Other challenges associated with stakeholder engagement are the deterioration of misunderstandings leading to delay in decision making, the likelihood to favor or disregard some stakeholder groups, and the rise in demand for resources (Haddaway et al, 2017). Likewise, others have argued that it is time-consuming to implement CSR activities (Amira et al, 2018;Amoako, Marfo, Gyabaah, & Owiredu-Ghorman, 2017).…”

“…And if they do, what happens to such monies? Is it bad management and governance, or poor investments by successive governments (Amoako, Marfo, et al, 2017;Barnieh, 2015;Boso et al, 2017;Marfo et al, 2017)? Nonetheless, from the 1990s up to now, there have been immense improvements in the contributions of the mining sector to the economy and the development of the entire country.…”