Open AccessSustainability reporting in Fiji listed companies: A voluntary disclosure perspective using legitimacy theory
Author(s) -
Shivneil Kumar Raj,
Mohammed Riaz Azam
Publication year - 2021
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv18i3siart14
Subject(s) - sustainability reporting , accounting , environmental reporting , narrative , legitimacy , sustainability , voluntary disclosure , context (archaeology) , perspective (graphical) , integrated reporting , business , narrative inquiry , public relations , corporate social responsibility , content analysis , annual report , political science , sociology , geography , social science , law , philosophy , artificial intelligence , ecology , linguistics , archaeology , computer science , biology , politics
The study examined the extent of sustainability reporting practices (voluntary disclosures — VD) of Fiji listed corporations. Using a theoretical framework informed by legitimacy theory, the authors predict the extent of both narrative and non-narrative VD. The study applied a content analysis method and examined archival data such as scholarly articles and 2019 annual reports data of listed companies. The means of triangulation was further augmented by backing the results of the study with prior literature on sustainability reporting. The findings highlight that narrative VD was evident in most annual reports. Non-narrative VD was adequate with a primary focus on corporate social responsibilities. From an overall perspective, VD was found to be very limited. The study contributes to providing insights into the paucity of literature in developing nations’ context on sustainability reporting practices