• Energy Research

Deliverable D1.3 - Didactic materials of the course "Sustainability reporting and its assurance" Project: “EU BEST PRACTICE OF LIFE CYCLE ASSESSMENT, SOCIAL, ENVIRONMENTAL ACCOUNTING AND SUSTAINABILITY REPORTING” 101047667 — EULASTING — ERASMUS-JMO-2021-HEI-TCH-RSCH https://bit.ly/3Bbvquw Pasko O. (2022) Sustainability reporting and its assurance [Electronic resource]: Lecture notes for Master, PhD students of the Faculty of Economics and Management, special. 071 Accounting and taxation and 073 – Management and business representatives / Oleh Pasko; Sumy National Agrarian University. – Electronic text data. – Sumy: SNAU, 2022. – 100 p. – Access mode: https://zenodo.org/deposit/7262989 free (access date: dd.mm.yyyy). – Title from the screen. https://doi.org/10.5281/zenodo.7262989

Deliverable D1.2 - Didactic materials of the course Social and environmental accounting, sustainability reporting. Project “EU BEST PRACTICE OF LIFE CYCLE ASSESSMENT, SOCIAL, ENVIRONMENTAL ACCOUNTING AND SUSTAINABILITY REPORTING” 101047667 — EULASTING — ERASMUS-JMO-2021-HEI-TCH-RSCH https://bit.ly/3Bbvquw Pasko O. (2022) Social, environmental accounting and sustainability reporting [Electronic resource]: Lecture notes for Master and PhD students of the Faculty of Economics and Management, special. 071 Accounting and taxation and 073 – Management / Oleh Pasko; Sumy National Agrarian University. – Electronic text data. – Sumy: SNAU, 2022. – 167 p. – Access mode: https://zenodo.org/deposit/7262949 free (access date: dd.mm.yyyy). – Title from the screen. https://doi.org/10.5281/zenodo.7262949

This study aims to assess the intricate interplays between managerial ability, corporate social responsibility (CSR), and firm value, focusing on 3,498 company-year observations sourced from the RANKINS CSR RATINGS and China Stock Market & Accounting Research (CSMAR) databases representing China’s Shanghai and Shenzhen A-share listed companies from 2009 to 2018. Employing a rigorous sample selection process and utilizing data from reliable databases, the research employs a comprehensive methodology to explore the intricate corporate sustainability-related dynamics influencing organizational success and societal impact.The findings reveal a compelling negative correlation between managerial ability and CSR performance, corroborating previous research and suggesting potential challenges in reconciling managerial competence with social responsibility priorities. Furthermore, this paper establishes a negative correlation between CSR and firm value, with managerial ability influencing the magnitude of this impact, underscoring the significance of managerial skills in moderating the relationship between CSR initiatives and overall corporate performance. Moreover, the study uncovers a robust positive correlation between managerial ability and firm value, emphasizing the pivotal role of adept leadership in achieving higher corporate valuation. It provides valuable insights for practitioners, policymakers, and scholars, creating a conducive environment for well-informed decision-making. In the ever-changing corporate landscape, a deep understanding of these interconnections is essential to nurture business practices that are both sustainable and value-oriented. AcknowledgmentThis paper is co-funded by the European Union through the European Education and Culture Executive Agency (EACEA) within the project “Embracing EU corporate social responsibility: challenges and opportunities of business-society bonds transformation in Ukraine” – 101094100 — EECORE – ERASMUS-JMO-2022-HEI-TCH-RSCH-UA-IBA/ERASMUS-JMO-2022-HEI-TCHRSCH https://eecore.snau.edu.ua/Oleh PASKO expresses sincere gratitude for the support from the Kirkland Research Program, generously provided by the Leaders of Change Foundation established by the Polish-American Freedom Foundation.