Factors influencing the adoption of SDG reporting by large African and Asian companies

Amirreza Kazemikhasragh, Antonella Francesca Cicchiello*, Maria Cristina Pietronudo

*Corresponding author

Research output: Contribution to journalArticlepeer-review

Abstract

This article aims to investigate the adoption of the Sustainable Development Goals (SDGs) by large companies in low-and middle-income countries in Asia and Africa, and the company characteristics that influence them to undertake such new sustainability reporting practices. Logistic regression analyses were applied to combine the data extracted from the Global Reporting Initiative’s Sustainability Disclosure Database and the Orbis database from Bureau van Dijk. The empirical results indicate that characteristics like the type of company, its economic performance and its engagement in voluntary sustainability programmes and external assurance are positively related to the adoption of SDG reporting. The results also show that some corporate, organizational and performance characteristics increase companies’ likelihood to adopt SDG reporting. Drawing on agency theory and legitimacy theory perspectives, this article contributes to the academic and practical understanding of factors influencing the adoption of SDG reporting by large companies in Asia and Africa’s low-and middle-income countries.
Original languageEnglish
Pages (from-to)43-60
Number of pages18
JournalINTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT & SUSTAINABLE DEVELOPMENT
Volume20
DOIs
Publication statusPublished - 2021

Keywords

  • Logistic Regression
  • Organizational Factors
  • Sustainability Reporting
  • Sustainable Development Goals (SDGs)

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