Date of Publication

4-16-2024

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

Subject Categories

Accounting

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Advisor

Herminigilda Salendrez

Defense Panel Chair

Jonathan Binaluyo

Defense Panel Member

Rainiel Soriano

Abstract (English)

Considering the increasing concern over the environmental impact and good governance, the United Nations established the Sustainable Development Goals, causing the Association of Southeast Asian Nations countries to enforce or encourage the publishing of sustainability reports. As energy companies have a large environmental impact, it is critical for them to prepare these reports. However, its preparation requires time and money. The question is whether a more complete sustainability report can benefit the company.

Using panel data regression, the researchers analyzed the impact of the completeness of a sustainability report as measured by the sustainability disclosure index (SDI) on the four categories of firm performance, namely operational performance, financial performance, market performance, and profitability represented by return on asset (ROA), return on equity (ROE), Tobin’s Q (TQ), and earnings per share (EPS), respectively. This method was used on the sample data of 29 ASEAN energy companies.

The study found that SDI does not impact the ROA, ROE, and EPS. However, there may be a positive relationship between SDI and EPS if the company is under the coal sector. On the other hand, SDI negatively or positively impacts the TQ of a company as influenced by whether the “Big 4” audit firms had audited the financial statements. Thus, the researchers recommend that management create complete sustainability reports with the consideration of their cost constraints and adopt a proactive approach to mitigate any public backlash.

Abstract Format

html

Abstract (Filipino)

None

Abstract Format

html

Language

English

Format

Electronic

Keywords

Energy industries; Sustainable development

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Embargo Period

4-14-2024

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