A Sustainability Reporting Issue: A Comparative Review Between Indonesia and Nordic Country

• Autores: Marsdenia ., Raldi Hendrotoro Seputro Koestoer
• Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 8, Nº. 12, 2023 (Ejemplar dedicado a: Continuous publication; e3993)
• Idioma: inglés
• DOI: 10.26668/businessreview/2023.v8i12.4014
• Enlaces
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• Resumen

  • Purpose: The aim of this study is to make a comparative review on sustainability reporting between Indonesia and Nordic Country   Theoretical framework:  The article captures various research which includes quantitative and qualitative analyses and case studies available in Scopus illustrated for a better understanding of how sustainability reporting in Indonesia differs from Sustainability in Nordic countries.

      Design/methodology/approach: This paper wants to find out comparison of sustainability reports between Indonesia and Nordic.  The methodology used in this research is the Systematic Literature Review (SLR) method. The SLR process systematically and critically reviews existing research studies.The steps this research undertakes are i) identifying and discovering keywords, ii) literature search, and iii) analysis and synthesis process. Identifying keywords is the initial step related to the proposed topic: sustainability reports. Regarding the environmental aspect, economy and governance; several other keywords are applied to the selected review locations, Nordic country and Indonesia. The choice of this search engine was intended to obtain scholarly literature with a reputable Scopus indexing.. So, this article shows different kinds of research, such as quantitative and qualitative analyses and case studies that can be found in databases like Scopus. This helps readers understand the topic better.

      Findings: The results of comparative study the sustainability report of company listed in Indonesia stock exchange left behind to elevated in the quantity and quality. In looking sustainability reporting (SR) conditions in Indonesia and SR in the European Union (EU) or Nordic countries (mandatory regime) , despite Indonesia(Voluntary regime) having issued regulation POJK 51/2017, there is still a need for further development and detailed guidelines regarding standards for producing sustainability reports to achieve the primary goal of managing sustainability risks related to a company's economic, social, and environmental aspects to safeguard human life in the future   Research implications: The study have implication that sustainability reports produced by public company should backed up by proper regulation.

      Social implications: The study have social implication that sustainability reports accountability represents the participation on company in social and environment aspects in the society.

      Originality/value: The comparative review discusses theories, methodologies, context, findings, and future scope of research.

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