Peer-reviewed articles 17,970 +


Angelica Buboi (Danaila)
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
The development of the global economy cannot be achieved in the current context without the pillars of sustainable development. At the corporate level, the commitment for sustainability is increasingly monitored by stakeholders in terms of a company's sustainable economic capacity and also regarding its environmental sustainability. We aim to analyze the role of the auditor in corporate sustainability reporting (CSR) and to design an econometric model of reporting quality based on sustainability reports submitted by Southeast European corporations for period 2002 - 2022. The results of the study will identify the difference between sustainability benchmarks and the direct impact of these pillars on the overall ESG composite scores obtained by reporting firms during the period analyzed. The beliefs of the study highlight the role of the auditor in the non-financial reporting process and the impact of the auditor's opinion on the overall ESG composite scores. The study was performed within the doctoral school of The Bucharest University of Economic Studies.
[1] A. A. Ngelo, Y. Permatasari, I. Rasid Siti Zaleha Abdul and Harymawan, and W. F. Ekasari, Ex-Auditor CEOs and Corporate Social Responsibility (CSR) Disclosure: Evidence from a Voluntary Period of Sustainability Report in Indonesia, Sustainability, vol. 14, no. 18,, doi: 10.3390/su141811418, 2022.
[2] A. Zorio, M. A. Garcia-Benau, and L. Sierra, “Sustainability Development and the Quality of Assurance Reports: Empirical Evidence,” Bus Strategy Environ, vol. 22, no. 7, pp. 484–500, doi: 10.1002/bse.1764, 2013.
[3] L. (Lily) Z. Brooks, S. Gill, and B. Wong-On-Wing, Corporate social responsibility risk and auditor-client retention, INTERNATIONAL JOURNAL OF AUDITING, vol. 23, no. 1, pp. 95–111, doi: 10.1111/ijau.12148, 2019.
[4] S. H. Chan, T. S. Creel, Q. Song, and Y. Yurova V, Does CSR reporting indicate strong corporate governance?, INTERNATIONAL JOURNAL OF ACCOUNTING AND INFORMATION MANAGEMENT, vol. 29, no. 1, pp. 27–42,, doi: 10.1108/IJAIM-07-2020-0099, 2021.
[5] L. Sierra, A. Zorio, and M. A. Garcia-Benau, Sustainable Development and Assurance of Corporate Social Responsibility Reports Published by Ibex-35 Companies, Corp Soc Responsib Environ Manag, vol. 20, no. 6, pp. 359–370, Nov. doi: 10.1002/csr.1303, 2013.
[6] N. Dalla Via and P. Perego, The Relative Role of Firm Incentives, Auditor Specialization, and Country Factors as Antecedents of Nonfinancial Audit Quality, AUDITING-A JOURNAL OF PRACTICE & THEORY, vol. 39, no. 3, pp. 75–104, doi: 10.2308/ajpt-18-085, 2020.
[7] N. Orazalin and M. Mahmood, Determinants of GRI-based sustainability reporting: evidence from an emerging economy, JOURNAL OF ACCOUNTING IN EMERGING ECONOMIES, vol. 10, no. 1, pp. 140–164, doi: 10.1108/JAEE-12-2018-0137, Sep. 2019.
[8] M. Marwa, B. Salhi, and A. Jarbour, Environmental Audit and Environmental Disclosure Quality, SCIENTIFIC ANNALS OF ECONOMICS AND BUSINESS, vol. 67, no. 1, pp. 93–115, doi: 10.2478/saeb-2020-0007, 2020.
[9] M. Steinmeier and M. Stich, Does Sustainability Assurance Improve Managerial Investment Decisions?, EUROPEAN ACCOUNTING REVIEW, vol. 28, no. 1, SI, pp. 177–209, doi: 10.1080/09638180.2017.1412337, 2019.
[10] B. Fernandez-Feijoo, S. Romero, and S. Ruiz Blanco, Regional differences in industry specialization in the sustainability assurance market, MANAGEMENT DECISION, vol. 57, no. 3, pp. 669–687, doi: 10.1108/MD-06-2017-0598, 2019.
[11] W. N. Wan-Hussin, A. Qasem, N. Aripin, and M. S. M. Ariffin, Corporate Responsibility Disclosure, Information Environment and Analysts’ Recommendations: Evidence from Malaysia, Sustainability, vol. 13, no. 6,, doi: 10.3390/su13063568, 2021.
[12] L. Dal Maso, G. J. Lobo, F. Mazzi, and L. Paugam, Implications of the Joint Provision of CSR Assurance and Financial Audit for Auditors’ Assessment of Going- Concern Risk, CONTEMPORARY ACCOUNTING RESEARCH, vol. 37, no. 2, pp. 1248–1289, doi: 10.1111/1911-3846.12560, 2020.
[13] LSEG Business, Refinitiv Eikon Financial Analysis & Trading Software,, 2023.
This research have been made within the PhD program at The Bucharest University of Economic Studies.
Proceedings of 23rd International Multidisciplinary Scientific GeoConference SGEM 2023
23rd International Multidisciplinary Scientific GeoConference SGEM 2023, 03 - 09 July, 2023
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Turkish Acad Sci.
03 - 09 July, 2023
sustainability, ESG, non-financial reporting, environmental protection, CSR