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Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh

With the continuous adoption of sustainable development goals by all countries, there is a rising demand for implementing and disclosing related information by companies. This paper aims to find an idea about the nature of reporting practices related to slavery by listed banking companies of Banglad...

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Autores principales: Saha, Trina, Miah, Rubel, Rahman, Mahfujur, Das, Sumon Kumar, Hoque, Emranul
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10154183/
http://dx.doi.org/10.1186/s43093-023-00199-z
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author Saha, Trina
Miah, Rubel
Rahman, Mahfujur
Das, Sumon Kumar
Hoque, Emranul
author_facet Saha, Trina
Miah, Rubel
Rahman, Mahfujur
Das, Sumon Kumar
Hoque, Emranul
author_sort Saha, Trina
collection PubMed
description With the continuous adoption of sustainable development goals by all countries, there is a rising demand for implementing and disclosing related information by companies. This paper aims to find an idea about the nature of reporting practices related to slavery by listed banking companies of Bangladesh and the relationship between reporting practice and organizational attributes. Existing literature provides the foundation of this study. Annual reports from 2016 to 2021 were collected from the company websites, and content analysis was used to determine the nature and extent of slavery reporting; an index was developed based on content analysis. Independent variables were determined based on the current literature review. Statistical tools, including the test of multicollinearity, heteroscedastic, correlation, and linear regression and panel data analyses were used to determine the fitness of the model and the impact of independent variables on the dependent variable. Content analysis showed a clear picture of the consciousness about slavery accounting as all of the companies reported a minimum of three components of selected targets from SDG8. The evidence says that the quality and quantity of slavery reporting are improving yearly. A satisfactory correlation was found among the variables. Some variables, such as ownership nature, Board Size, etc., have a positive impact, and insignificant impact was found for Age and leverage on slavery disclosure. This paper only examines the banking industry, and it assesses only a few targets of SDG 8. Thus the results obtained from the study may not be similar to other companies. Data collection also has limitations; our target was to study till 2022 but some information requirements of few companies were not available on websites. This research paper is the first attempt to determine the nature of slavery accounting in Bangladesh. It will encourage business organizations to extend their reporting on slavery and SDGs.
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spelling pubmed-101541832023-05-09 Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh Saha, Trina Miah, Rubel Rahman, Mahfujur Das, Sumon Kumar Hoque, Emranul Futur Bus J Research With the continuous adoption of sustainable development goals by all countries, there is a rising demand for implementing and disclosing related information by companies. This paper aims to find an idea about the nature of reporting practices related to slavery by listed banking companies of Bangladesh and the relationship between reporting practice and organizational attributes. Existing literature provides the foundation of this study. Annual reports from 2016 to 2021 were collected from the company websites, and content analysis was used to determine the nature and extent of slavery reporting; an index was developed based on content analysis. Independent variables were determined based on the current literature review. Statistical tools, including the test of multicollinearity, heteroscedastic, correlation, and linear regression and panel data analyses were used to determine the fitness of the model and the impact of independent variables on the dependent variable. Content analysis showed a clear picture of the consciousness about slavery accounting as all of the companies reported a minimum of three components of selected targets from SDG8. The evidence says that the quality and quantity of slavery reporting are improving yearly. A satisfactory correlation was found among the variables. Some variables, such as ownership nature, Board Size, etc., have a positive impact, and insignificant impact was found for Age and leverage on slavery disclosure. This paper only examines the banking industry, and it assesses only a few targets of SDG 8. Thus the results obtained from the study may not be similar to other companies. Data collection also has limitations; our target was to study till 2022 but some information requirements of few companies were not available on websites. This research paper is the first attempt to determine the nature of slavery accounting in Bangladesh. It will encourage business organizations to extend their reporting on slavery and SDGs. Springer Berlin Heidelberg 2023-05-03 2023 /pmc/articles/PMC10154183/ http://dx.doi.org/10.1186/s43093-023-00199-z Text en © The Author(s) 2023 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Research
Saha, Trina
Miah, Rubel
Rahman, Mahfujur
Das, Sumon Kumar
Hoque, Emranul
Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title_full Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title_fullStr Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title_full_unstemmed Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title_short Disclosures for slavery accounting concerning SDG 8 and corporate attributes: a study on the banking industry of Bangladesh
title_sort disclosures for slavery accounting concerning sdg 8 and corporate attributes: a study on the banking industry of bangladesh
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10154183/
http://dx.doi.org/10.1186/s43093-023-00199-z
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