Please use this identifier to cite or link to this item:
Title: Recent developments in environmental reporting : a European and Maltese perspective
Authors: Zammit La Rosa, Carl
Keywords: Environmental reporting -- European Union countries
Environmental reporting -- Malta
Accounting -- Malta
Issue Date: 2015
Abstract: Purpose: This study seeks to understand the developments being made with regards to environmental reporting, principally on a European level. It gives an insight into the European directive on non-­‐financial disclosure and considers the issue of the relevance of such reporting in a country like Malta. Design: A qualitative approach was taken to achieve the objectives of this study. In depth interviews were carried out with key market participants, both local and European, to be able to gather well-­‐rounded information and an analysis of the major developments in this field was made. Findings: This study demonstrated that several major developments are in fact being made, both by individual countries and by the European Union, with the directive being one of principal advancements. It was found that environmental reporting is still in its infancy in Malta, and perceived as a threat. This contrasts with international scene that views reporting as an opportunity. A culture shift is needed in Malta to convert this possible ominous perception into an opportunity. Conclusions: Despite our size, environmental reporting can be of relevance for local firms particularly when it is entrenched into the reporting process and used beyond its marketing capacity. Several leaps forward have been made in environmental reporting, with the European directive being simply one of many more to come. Implications: This study reveals that the non-­‐financial side of accounting is gaining a lot of importance, especially when it comes to the environment. Major developments have been made with more ahead, making it imperative for industries and the accountancy profession to accept and take on these changes.
Description: M.ACCTY.
Appears in Collections:Dissertations - FacEma - 2015
Dissertations - FacEMAAcc - 2015

Files in This Item:
File Description SizeFormat 
  Restricted Access
2.19 MBAdobe PDFView/Open Request a copy

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.