Adopting agency and stakeholders theories, this study aims to investigate the relationship between corporate governance attributes (board size, board independence, female directors, and CEO duality) and sustainability reporting conduct in China. The empirical analysis is based on a sample of 10,330 firm-year observations of Chinese listed companies over the period from 2015 to 2018. Data are supplied by WIND and CSMAR databases, whilst regression analysis is applied to test the hypotheses. Results indicate that board size and board independence were found to be positively associated with the sustainability reporting conduct, while female directors and CEO duality both do not have a significant effect on sustainability reporting conduct in the Chinese institutional settings. This paper advances on arguments of the agency and stakeholders theories with these findings. The larger and more independent board facilitates better monitoring of the managers, what leads to decision-making based on a more appreciation of stakeholders’ perspectives. The study is premised on the presence/absence of sustainability reporting, and it does not take into consideration the quality aspect, which can result in erroneous interpretation. The results should not be generalized as the sample was based on China’s companies for 2015–2018. This study has policy implications for managers and policymakers alike concerning designing board composition conducive to sustainability reporting conduct.

This paper investigates whether corporate social responsibility active (CSR active) firms operate dissimilarly from other firms in their financial reporting. Specifically, we examine whether the corporate social responsibility (CSR) attitude of a firm sways its reporting incentives, in respect of the extent of earning management. To test our predictions, we use a sample of 25,861 year-company observations, corresponding to 3538 Chinese listed companies, for the period 2009–2019. We find a significant positive association between CSR activity and earning management assessed by the level of discretionary accruals in Chinese listed companies. Moreover, we document that Chinese CSR active firms engage more in earnings management through discretionary accruals than CSR inactive firms. These findings are consistent with the opportunistic financial reporting hypothesis: advances in CSR used by managers to safeguard their position by evading scrutiny from stakeholder activists. This study contributes to the growing awareness among investors, stakeholders and researchers that we should distinguish between CSR active firms and socially responsible firms and that being the latter entail something more than just mechanically produce CSR reports.

Nowadays innovations became the most important element of the country’s economic development, since they provide a qualitative increase in the efficiency of processes or end production demanded by the market. In this article, the innovation of processes, viz. the processes of logistic management of the production-economic organization is proposed. Innovations in logistics management, as a direction of logistics activity improvement provide the development of new tools (methods, criteria, indices) in methodological logistics’ groundwork, as well as improving the mechanism for the formation and functioning of micro- and macro-logistic systems. The aim of the research is to develop scientific and methodological recommendations for the application of logistics management innovations that involve designing the logistics system through the improvement of the enterprise’s organizational structure as an element of the economic macro environment. Logistic system designing approach is suggested, that anticipates an enterprise’s organizational structure formation under the process-matrix principle (unification of functional and process management approaches) and the establishment of the effective enterprise’s logistic service that plays the role of coordinator and integrator of its business-processes. Efficient organization structure formation, that provides logistics approach implementation in practical enterprises’ activity is grounded by authors. The result of the innovations in logistics management appliance is effective logistic system’s design, in which the coordinated material, informational and financial flows motion is carried out. In the result, it ensures efficient enterprise’s business-processes functioning and organic improvement of its organizational structure.

In today’s financial world, the pursuit of sustainable development has evolved from an ethical imperative to a strategic necessity. It has spurred corporations to enhance transparency regarding their non-financial and responsible or ESG practices. This paper aims to formalize the strategic dependencies between sustainability disclosure, SDG achievement, and the financial and information efficiency of the financial market. The research methods are normality tests, canonical correlation analysis, and multivariate multiple and univariate regression analysis. The object of the study is 137 countries. The time period is 2022. The results confirmed that a positive strong correlation was found between sustainability disclosure and the achievement of the SDGs on the one hand and financial and information efficiency of the financial market on the other. Identifying the direction of the relationship also confirmed two-way positive dependencies between the indicators, in particular, the SDG Index will have the most significant impact on the growth of GDP per capita, the change in the Economic Sustainability Competitiveness Index on the growth of the United Nations Global Compact participants. The specified connection can be used as the basis for the formation of the concept of ensuring transparency and leveling information asymmetry in the activities of enterprises.

This paper delves into the challenge of financing Sustainable Development Goal 3 “Ensure healthy lives and promote well-being for all at all ages” (SDG 3). Despite its ambitious nature, the achievement of this goal has been hindered by a substantial lack of funding. The study aims to investigate potential sources to bridge the investment gap in SDG 3, analyzing data from 28 European countries. This includes factors such as the index and progress in sustainable development, sources of investment resources, and healthcare costs for 2020. Logit and probit regression models are employed for the analysis. The results indicate the absence of a statistically significant relationship between the volume of investments from the state, businesses, and households of countries and their level of SDG 3 achievement. However, an interesting finding emerges regarding healthcare expenditures under state insurance programs among European countries, which show a greater extent of progress in achieving SDGs compared to voluntary insurance programs. The paper emphasizes the importance of a balanced approach that uses multiple funding sources and the need for focused policies and partnerships to mobilize resources to ensure healthy lives and promote well-being for all at all ages. AcknowledgmentAlex Plastun gratefully acknowledges support from the Ministry of Education and Science of Ukraine (№ 0121U113830).

One of the ways to implement the strategic accounting policy is the strategic correction of the reporting policy of the enterprise, which provides for the creation of the necessary information impact on external users who are subjects of management decisions. The purpose of the article is to analyze the theoretical foundations and substantiate the mechanisms for implementing the strategic correction of the enterprise reporting policy. The concept of strategic correction of the enterprise reporting policy has been disclosed. The role of signal accounting theory in the formation of the theoretical foundations of strategic accounting policy of the enterprise has been analyzed. The role of strategic additional disclosure in achieving the strategic goals of the enterprise has been determined. The reasons for understanding the information about the accounting policy as a source of accounting signals for external users have been identified. The concept of additional disclosure of accounting information of the enterprise as the transfer of information through additional forms of reporting, which goes beyond the current regulatory requirements or accounting standards set by the regulators of the national accounting system has been grounded. The necessity of forming a strategic reporting policy based on the strategic goals has been determined. The implementation of informational influence on various groups of external entities, the decisions of which depend on the achievement of strategic goals of the enterprise has been determined as the main purpose of the strategic correction of the reporting policy of the enterprise. The dependence of the achievement of the strategic goals of the enterprise on the disclosure of promising accounting information and on additional detailed or more complete information about its current and past activities has been grounded.