Chapter 11 by Antonio Tencati critically examines corporate reporting. Corporate performance has been conceptualized and measured in multiple forms that traditionally focus on financial and economic aspects while disregarding social, environmental, and governance aspects. The chapter presents and analyzes in detail major initiatives for sustainability evaluation and reporting. While acknowledging their progress compared to mainstream reporting, it criticizes the fact that they do not clarify what is the (not only monetary) value provided by the firms to the different constituencies. Therefore, it proposes an innovative scheme for stakeholder-based and integrated reporting, the so-called SERS2.
Edited by Antonio Tencati and Francesco Perrini
This authoritative book includes cutting-edge insights from leading European and North American scholars who reflect upon business ethics’ foundations, firms, markets and stakeholders in order to design more sustainable patterns of development for business and society. Together, the contributing authors advance critical, innovative and imaginative perspectives to rethink the mainstream models and address the sustainability challenge.