Business Sustainability in Asia - Compliance, Performance, and Integrated Reporting and Assurance

Get familiar with business sustainability in Asia
 
Business Sustainability in Asia offers 12 chapters that cover different aspects of business sustainability with a keen focus on its implications in Asia. Anyone who is involved with business sustainability and corporate governance, the financial reporting process, investment decisions, legal and financial advising, assurance functions, and corporate governance education will be interested in this book.
 
It examines business sustainability performance, reporting and assurance and their integration into strategy, governance, risk assessment, performance management, and the reporting process of disclosing governance, ethics, social, environmental, and economic sustainable performance. The book also highlights how people, businesses, and resources collaborate in a business sustainability and accountability model.
 
* Develop an awareness and understanding of the main themes, perspectives, frameworks, and issues pertaining to corporate governance and business sustainability in Asia
 
* Covers a variety of issues relevant to business sustainability in Asia
 
* Authored by an expert who has written extensively on the subject
 
* Understand why organizations worldwide recognize the importance of sustainability performance
 
If you're a business leader, executive, auditor, or student looking to familiarize yourself with this emerging subject, Business Sustainability in Asia has you covered.

List of contents

Foreword xix
 
Preface xxi
 
Acknowledgments xxv
 
List of Abbreviations xxvii
 
Chapter 1 Introduction to Business Sustainability 1
 
1 Executive Summary 1
 
2 Introduction 1
 
3 Definition 2
 
4 Themes of this Book 3
 
5 Attributes 5
 
6 Principles 5
 
7 Dimensions of Sustainability Performance 6
 
8 Value Relevance of Sustainability Performance 9
 
9 Emergence of Business Sustainability in Asia 10
 
10 Sustainability Reporting and Assurance 12
 
11 Professional Organizations Influencing Sustainability 14
 
12 Best Practices of Sustainability Performance, Reporting and Assurance 16
 
13 Managerial Implications of Sustainability Programs and Activities 17
 
14 Conclusions 18
 
15 Chapter Takeaway 18
 
Endnotes 19
 
Chapter 2 Sustainability Principles, Theories, Research and Education 23
 
1 Executive Summary 23
 
2 Introduction 23
 
3 Institutional Background 24
 
4 Sustainability Principles 25
 
5 Sustainability Theories 28
 
6 Sustainability Standards 34
 
7 Global Implications of Sustainability Principles, Theories and Standards 36
 
8 Sustainability Research 38
 
9 Business Sustainability Education 46
 
10 Conclusions 47
 
11 Chapter Takeaway 48
 
Endnotes 49
 
Chapter 3 Institutional Settings in Asia Relevant to Business Sustainability 53
 
1 Executive Summary 53
 
2 Introduction 53
 
3 Global Move Toward Sustainability Performance, Reporting and Assurance 53
 
4 Institutional Settings in Asia 54
 
5 Institutional Settings in Asia Relevant for Business Sustainability 68
 
6 Conclusions 69
 
7 Chapter Takeaway 70
 
Endnotes 70
 
Chapter 4 Drivers and Sources of Business Sustainability Initiatives in the World Including Asia 75
 
1 Executive Summary 75
 
2 Introduction 75
 
3 Global Mandatory Business Sustainability Initiatives 76
 
4 Global Voluntary Business Sustainability Initiatives 77
 
5 Drivers and Sources of Business Sustainability Initiatives in Asia 88
 
6 Analysis of Drivers and Sources of Business Sustainability in Asia 117
 
7 Conclusions 118
 
8 Chapter Takeaway 118
 
Endnotes 118
 
Chapter 5 Financial Economic Dimension of Sustainability 127
 
1 Executive Summary 127
 
2 Introduction 127
 
3 Shared Value Creation 128
 
4 Financial Economic Sustainability Performance 129
 
5 Forward-Looking Financial Reports 130
 
6 Value Relevance of Financial Economic Sustainability 131
 
7 Financial Economic Sustainability Reporting in Asia 132
 
8 Conclusions 154
 
9 Chapter Takeaway 155
 
Endnotes 155
 
Chapter 6 Governance Dimension of Sustainability 163
 
1 Executive Summary 163
 
2 Introduction 163
 
3 Governance Dimension of Sustainability Performance 164
 
4 New Paradigm for Corporate Governance 165
 
5 Drivers of Corporate Governance 166
 
6 Corporate Governance Functions 171
 
7 Emerging Issues in Global Corporate Governance 179
 
8 Global Convergence in Corporate Governance 180
 
9 Corporate Governance in Asia 182
 
10 Corporate Governance Reporting and Assurance 220
 
11 Conclusion 221
 
12 Chapter Takeaway 222
 
Endnotes 223
 
Chapter 7 Social Dimension of Sustainability 233
 
1 Executive Summary 233
 
2 Introduction 233
 
3 Social Perfo

About the author

ZABIHOLLAH REZAEE is the Thompson-Hill Chair of Excellence, PhD coordinator, and Professor of Accountancy at the University of Memphis and has published more than 225 articles and 10 books. JUDY TSUI, FCA (Canada), FCPA (HKICPA), FCPA (Australia), FCA (ICAEW), is Senior Advisor of the Institute for New Economic Thinking and Board Director and Chair of Education Strategy Committee of Wuhan College in China. In addition, she is a Fellow member of the Institute of Chartered Accountants in England and Wales and serves as the Vice Chair of the China Committee. PETER CHENG is the former Dean and Professor of the Faculty of Management and Hospitality at the Technological and Higher Education Institute of Hong Kong. He previously taught at The University of British Columbia, University of Chicago, Purdue University, and the Hong Kong Polytechnic University. GAOGUANG ZHOU is an assistant professor of Accounting at Hong Kong Baptist University. His research interests include auditing, corporate finance, and corporate social responsibility.

Summary

Get familiar with business sustainability in Asia

Business Sustainability in Asia offers 12 chapters that cover different aspects of business sustainability with a keen focus on its implications in Asia. Anyone who is involved with business sustainability and corporate governance, the financial reporting process, investment decisions, legal and financial advising, assurance functions, and corporate governance education will be interested in this book.

It examines business sustainability performance, reporting and assurance and their integration into strategy, governance, risk assessment, performance management, and the reporting process of disclosing governance, ethics, social, environmental, and economic sustainable performance. The book also highlights how people, businesses, and resources collaborate in a business sustainability and accountability model.

* Develop an awareness and understanding of the main themes, perspectives, frameworks, and issues pertaining to corporate governance and business sustainability in Asia

* Covers a variety of issues relevant to business sustainability in Asia

* Authored by an expert who has written extensively on the subject

* Understand why organizations worldwide recognize the importance of sustainability performance

If you're a business leader, executive, auditor, or student looking to familiarize yourself with this emerging subject, Business Sustainability in Asia has you covered.

Product details

• Authors: Peter Cheng, Peter et al Cheng, Cheng Peter, Z Rezaee, Zabiholla Rezaee, Zabihollah Rezaee, Zabihollah Tsui Rezaee, Rezaee Zabihollah, Jud Tsui, Judy Tsui, Tsui Judy, Gaoguang Zhou
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 28.02.2019
• EAN: 9781119502319
• ISBN: 978-1-119-50231-9
• No. of pages: 432
• Subjects: Social sciences, law, business > Business > Management; Unternehmensführung, Corporate Governance, Business & management, Development economics and emerging economies, Wirtschaft u. Management