Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review
This study aims to advance knowledge in the field of non-financial reporting (NFR) research by examining how academic and business insights into the qualitative dimensions of NFR have shaped the requirements of the new CSRD (Corporate Sustainability Reporting Directive) and its desired outcome of i...
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| Format: | Article |
| Language: | English |
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Universidad de Murcia
2025-01-01
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| Series: | Revista de Contabilidad: Spanish Accounting Review |
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| Online Access: | https://revistas.um.es/rcsar/article/view/568861 |
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| _version_ | 1841549508097343488 |
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| author | Cristina Alexandrina Ştefănescu |
| author_facet | Cristina Alexandrina Ştefănescu |
| author_sort | Cristina Alexandrina Ştefănescu |
| collection | DOAJ |
| description |
This study aims to advance knowledge in the field of non-financial reporting (NFR) research by examining how academic and business insights into the qualitative dimensions of NFR have shaped the requirements of the new CSRD (Corporate Sustainability Reporting Directive) and its desired outcome of increased transparency.
The research design enriches scholarship by combining the methodologies of systematic and integrative literature review, and lays the foundations for a conceptual model based on a literature taxonomy to support further research.
This study represents the first attempt to empirically address the links between academics, business practitioners and regulators by integrating them into an original conceptual model based on the Belief-Action-Outcome framework. It highlights the interconnectedness between the cognitive, attitudinal and behavioural dimensions of the tripartite relationship derived from the literature taxonomy using partial least squares structural equation modelling (PLS-SEM).
The results reveal meaningful relationships between the three perspectives, as hypothesised, which shed light on the valuable contributions of academics to the NFR regulatory process. Specifically, academic insights into the qualitative dimensions of NFRs positively influenced the requirements of CSRD and its outcome of increased transparency. In addition, practitioners' attitudes expressed through public consultations on NFRD reinforced this outcome through their positive moderating effect.
The study is relevant to regulators, practitioners and academics interested in engaging in challenging debates about sustainability reporting. It catalyzes understanding the link between academic and real-world evidence, supporting regulatory progress, and leading to a virtuous cycle of value creation and meaningful communication.
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| format | Article |
| id | doaj-art-6cae61efc13445e79fbd95a8fc63eefd |
| institution | Kabale University |
| issn | 1138-4891 1988-4672 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Universidad de Murcia |
| record_format | Article |
| series | Revista de Contabilidad: Spanish Accounting Review |
| spelling | doaj-art-6cae61efc13445e79fbd95a8fc63eefd2025-01-10T13:12:23ZengUniversidad de MurciaRevista de Contabilidad: Spanish Accounting Review1138-48911988-46722025-01-0128110.6018/rcsar.568861Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative reviewCristina Alexandrina Ştefănescu0https://orcid.org/0000-0003-4443-1657Babeş-Bolyai University, Cluj-Napoca-ROMANIA This study aims to advance knowledge in the field of non-financial reporting (NFR) research by examining how academic and business insights into the qualitative dimensions of NFR have shaped the requirements of the new CSRD (Corporate Sustainability Reporting Directive) and its desired outcome of increased transparency. The research design enriches scholarship by combining the methodologies of systematic and integrative literature review, and lays the foundations for a conceptual model based on a literature taxonomy to support further research. This study represents the first attempt to empirically address the links between academics, business practitioners and regulators by integrating them into an original conceptual model based on the Belief-Action-Outcome framework. It highlights the interconnectedness between the cognitive, attitudinal and behavioural dimensions of the tripartite relationship derived from the literature taxonomy using partial least squares structural equation modelling (PLS-SEM). The results reveal meaningful relationships between the three perspectives, as hypothesised, which shed light on the valuable contributions of academics to the NFR regulatory process. Specifically, academic insights into the qualitative dimensions of NFRs positively influenced the requirements of CSRD and its outcome of increased transparency. In addition, practitioners' attitudes expressed through public consultations on NFRD reinforced this outcome through their positive moderating effect. The study is relevant to regulators, practitioners and academics interested in engaging in challenging debates about sustainability reporting. It catalyzes understanding the link between academic and real-world evidence, supporting regulatory progress, and leading to a virtuous cycle of value creation and meaningful communication. https://revistas.um.es/rcsar/article/view/568861Non-financial informationDisclosure qualityCorporate sustainability reportingBelief-action-outcome frameworkLiterature reviewPLS-SEM modelling |
| spellingShingle | Cristina Alexandrina Ştefănescu Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review Revista de Contabilidad: Spanish Accounting Review Non-financial information Disclosure quality Corporate sustainability reporting Belief-action-outcome framework Literature review PLS-SEM modelling |
| title | Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review |
| title_full | Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review |
| title_fullStr | Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review |
| title_full_unstemmed | Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review |
| title_short | Towards a conceptualised belief-action-outcome model for enhanced non-financial reporting: A systematic and integrative review |
| title_sort | towards a conceptualised belief action outcome model for enhanced non financial reporting a systematic and integrative review |
| topic | Non-financial information Disclosure quality Corporate sustainability reporting Belief-action-outcome framework Literature review PLS-SEM modelling |
| url | https://revistas.um.es/rcsar/article/view/568861 |
| work_keys_str_mv | AT cristinaalexandrinastefanescu towardsaconceptualisedbeliefactionoutcomemodelforenhancednonfinancialreportingasystematicandintegrativereview |