The Impact of Management Control on Sustainability Reports

• Main Author: Aliona Birca
• Format: Article
• Language: English
• Published: Ovidius University Press 2016-01-01
• Series: Ovidius University Annals: Economic Sciences Series
• Subjects: theories of corporate governance; positive agency theory; stakeholder theory; sustainability report
• Online Access: http://stec.univ-ovidius.ro/html/anale/ENG/2016/2016-II-full/s5/4.pdf

Nowadays sustainable development is no longer seen only as a way to reduce costs or increase efficiency, but also as a tool for competitiveness and development through product placement, services related to the preferences of the entity’s stakeholders. Sustainability reports are designed to justify and present public policy actions of each entity. The holistic approach to the structure and content of sustainability reports lead us to notice their various features. Examining the content of sustainability reports of various national and international entities was based on the theory of corporate governance, agency theory and the theory of positive stakeholders. In order to ensure a full study we have examined various international bodies and position with respect to sustainable development.