Discuss about the Academic Misconduct and Sustainability.
In present time rapid changes in the technology, commercials, social developments and increasing population is becoming a big question for environment sustainability. The question which arises is whether the companies growing in the market are paying appropriate amount of allowance for the harm of environment or are they going green so that they can protect environment (Hummel and Schlick, 2016). The case study discusses about the way the corporate firms are increasing which is becoming responsible for the increase in carbon radiation which is harming the environment due to which atmosphere is getting affected. Increase in the carbon radiation is causing climate changes across the world. Increase in carbon radiation is affecting the Ozone layer due to which ultra violet rays are entering directly into the environment and are having huge impact on the health of the people living in the environment. It is required that the companies should understand their corporate social responsibilities and develop the mechanism which could help in the environmental protection aspects (Oates and Moradi-Motlagh, 2016). Hence, a research proposal is developed which will be based upon stakeholders theory with the effect of which relevant set of information related with environmental protection aspects could be taken into consideration. The report will also include information related with theoretical and practical information related with the aspects of motivation which will help industries in remaining motivated in protecting the environment and helping in the environmental sustainability aspects (Jones and Ratnatunga, 2012).
Increase in the level of carbon radiation can be noticed day by day which is becoming a serious issue for the environment at international level due to which climatic changes are occurring and atmosphere is getting affected (Hummel and Schlick, 2016). With the help of various studies it is being evaluated that corporate s are the main bodies which are affecting the environment and are performing a main role in enhancing carbon radiation in the atmosphere. It is required that the concept of Corporate Social Responsibility should be taken into consideration so as to monitor the activities of various corporate and understanding the roles and responsibilities they play to manage all the environmental aspects and protecting the same from getting affected (Da?vila, Epstein and Manzoni, 2016). The report will undertake all the aspects which could help the companies in understanding there corporate social responsibilities towards to protect the environment and evaluating the ways with the help of which they can reduce carbon emission. The research proposal will help in evaluating all the ways with the help of which companies available in the market could evaluate the ways with the effect of which they can manage to reduce the carbon emissions (Bagnoli and Watts, 2016). Importance of environmental sustainability will also be focused upon by the researcher. Several literatures will be reviewed to evaluate which will help in providing a set direction working on which will help the companies in protecting the environment and will help them in making an effective set of contribution in the reduction of carbon radiation and will provide a direction to spread environment sustainability (Sunderasan, 2013).
Aim of the research is to gather a relevant set of information related with environmental sustainability in which information related with the ways which could be adopted by the companies in the environmental sustainability aspects will be focused upon (Oates and Moradi-Motlagh, 2016). It is being evaluated that carbon radiation and the other gases emitted by the industries is affecting the ozone layer. This emission of carbon radiation and emission of the gases is leading to increase pollution due to which various serious diseases are also getting increased. With the help of the information gained from various previous researches problem related with the carbon emission and increasing pollution will be resolved (Jong-Seo Choi, 2010). Stakeholder’s theory will be reviewed so as to gather relevant set of information related with the role they will play in managing environmental sustainability aspects. This will help in proving the efficiency of the environment and will help in providing a set direction with the effect of which companies as well as industries available could reduce carbon emission and could help in managing all the environmental sustainability aspects. The report will also include information related with the effect of carbon radiation on the non financial performance of the companies along with the financial performance (Jones and Ratnatunga, 2012).
Environment sustainability is one of the aspects which are required to be taken into consideration by the people available in the market. It is required that the business should work towards to evaluate all the possible solutions which could help in spreading a sustainable environment and could help in managing things in a proper way. It is required that businesses should adopt the strategies which could help in the reduction of carbon radiation and emission of various harmful gasses which are affecting the environment. Greenhouse gases are the gases which traps the heat in the air (Hummel and Schlick, 2016). There are various set of greenhouse gases which are affecting the environment and are spreading due to various human activities like fossil fuels and various other natural processes. There are various type of greenhouse gases which are entering into the environment by the activities of human and by various other natural processes these gases are Ozone (O3), Nitrous Oxide (N2O), Methane (CH4), Water Vapour and Carbon Dioxide (CO2). The financial aspects of the companies are getting affected due to increase in the carbon radiation (Da?vila, Epstein and Manzoni, 2016). Increase in such type of harmful gases is leading to increasing the financial burden of the companies and also leading to increasing pollution in the environment. Companies are working towards to develop some or the other strategies with the help of which carbon emission could get reduced due to which cost of monitoring he carbon radiation level is increasing. Companies also remain indulged in the activities with the help of which losses which are occurring could get reduced. Agents plays a vital role in gathering relevant set of information and evaluating ways with the effect of which targets of the company could be achieved within the time frame decided by the company (BEYER and GUTTMAN, 2012). With the help of stakeholders theory it could be evaluated that stakeholders attached with the company plays a very vital role in managing the work process and evaluating all the aspects which could help in the protection of the environment. It is necessary that all the stakeholders should be focused upon by the company and a trial should be made with the help of which company could provide effective set of contribution in the environmental sustainability aspects (Bagnoli and Watts, 2016). It is required that companies should develop a proper list of stakeholders who can help in managing the environment sustainability and could provide proper set of support in reducing the cost which is occurring in the keeping a track record on the level of carbon radiation. According to the theories stakeholders plays a very vital role in managing the cost which will indulge in the projection of carbon emission and various other gases. Employees, government, society, owner and customer are some of the stakeholders who can make a positive contribution in the environmental sustainability aspect (Wen, 2012).
Employees of the company could take a control over all the activities like reducing the use of electronic items, saving energy by reducing the wastage of it, plantation of trees in the premises wherever they could be planted, increasing the men power means working manually rather on the aspects wherever possible and developing some or the other innovative ideas with the effect of which carbon emission could be reduced and further work could get managed in a proper way. Car and Bike pooling is one of the most effective strategies with the effect of which employees working in the companies could make their effective contribution in environmental sustainability aspects and reducing pollution (Sunderasan, 2013).
Government helps in developing the policies and protocols related with environmental sustainability aspect. It develops the policies related with environmental sustainability aspects which are required to be followed by every single person so as to manage the work in an appropriate way (Oates and Moradi-Motlagh, 2016). It is required that companies should include all the environmental related policies in the internal policies and should ensure that every single employee and member attached with the companies should follow these policies in a proper way. Government could also make a positive contribution and could help the companies in protecting the environment and reducing carbon radiation. Providing proper set of funds or equipments at a minimum cost will help the industries in reducing the cost and will help in maintaining the financial position in the market (Jong-Seo Choi, 2010).
Owner of the company plays a very vital role in environmental sustainability aspects, there are many of the things which are required to be focused upon which could provide better solution in financial management aspects (Jones and Ratnatunga, 2012). Managing finances is a typical task when it comes to environmental sustainability but by providing right guidance to the employees and other stakeholders could help companies in keeping a proper track record on the level of carbon radiation. Indulging in such type of activity will also help in providing a better solution in managing the company accounts. Processing the things in a right way and choosing appropriate path will help companies in managing their fund and placing the same in a right order (Hummel and Schlick, 2016).
Financial analysts should try to work on various set of aspects which could help in saving the cost of firm. Environmental sustainability is the aspect which include huge cost and it is required that companies should make an effective set of contribution to protect the environment in this condition it is required that financial analysts should make effective set if contribution in managing the funds (Hassan, 2015). Developing the strategies with the help of which the cost of processing the work could get reduced will help in providing a relevant set of support to the companies in making a more effective contribution in environmental sustainability aspects with the effect of which company will attain success in achieving the set targets and goals.
Hence, it could be evaluated that stakeholders plays a very vital role in environmental sustainability aspects in which it is required that company should try to motivate them and provide appropriate set of guidance with the help of which they can indulge in the environmental sustainability aspects and could help in resolving the accounting issues of the company in a proper way (Dawkins and Fraas, 2010).
Evaluating various aspects by reviewing various literatures disclosure of the impact of carbon radiation on the performance of company’s financial and non financial aspects could be done. It is necessary that the company should make appropriate set of decision in managing the regular investments in environmental sustainability aspects. Such type of activities helps in managing financial performance (Dawkins and Fraas, 2009). There are certain set of hypothesis which are being evaluated in relation with the research these are:
H1: The relationship between the impacts of increasing level of carbon radiation on the financial performance of the company.
H2: Role played by the stakeholders in making strong financial position of the company and contribution they can make in environmental sustainability aspects (Da?vila, Epstein and Manzoni, 2016).
(BEYER And GUTTMAN, 2012)
The conceptual framework provided in the above diagram shows the dependent as well as independent variables. Theoretical construction is being provided by the researcher in relation with the research which includes operational proxies along with the dependent and independent variables. It could be seen that all the aspects are interconnected which helps in resolving the objectives of the organisation. The main targets and objectives attached with the organisation is to resolve all the accounting issues and managing the financial performance by including all the environmental sustainability aspects. Hence, it is necessary that all the stakeholders should be identified which could help the company in increasing it financial performance and resolving all the environment related issues (Bagnoli and Watts, 2016).
References
Bagnoli, M. and Watts, S. (2016). Voluntary Assurance of Voluntary CSR Disclosure. Journal of Economics & Management Strategy, 26(1), pp.205-230.
BEYER, A. and GUTTMAN, I. (2012). Voluntary Disclosure, Manipulation, and Real Effects. Journal of Accounting Research, 50(5), pp.1141-1177.
Da?vila, A., Epstein, M. and Manzoni, J. (2016). Performance measurement and management control.
Dawkins, C. and Fraas, J. (2009). Beyond Acclamations and Excuses: Environmental Performance, Voluntary Environmental Disclosure, and the Role of Visibility. Journal of Business Ethics, 92(4), pp.655-655.
Dawkins, C. and Fraas, J. (2010). Erratum to: Beyond Acclamations and Excuses: Environmental Performance, Voluntary Environmental Disclosure and the Role of Visibility. Journal of Business Ethics, 99(3), pp.383-397.
Hassan, A. (2015). Environmental performance and voluntary disclosure on specific environmental activities: an empirical study of carbon vs. non-carbon intensive industries. Legitimacy proactive approach. International Journal of Sustainable Economy, 7(4), p.243.
Hummel, K. and Schlick, C. (2016). The relationship between sustainability performance and sustainability disclosure – Reconciling voluntary disclosure theory and legitimacy theory. Journal of Accounting and Public Policy, 35(5), pp.455-476.
Jones, S. and Ratnatunga, J. (2012). Contemporary issues in sustainability accounting, assurance and reporting. Bingley England: Emerald Insight.
Jong-Seo Choi (2010). Content Analysis of Voluntary Environmental Disclosure Made in Stand-alone Environmental Reports or Company Web-sites: Focusing on the Interrelations between Disclosure Quality, Environmental Performance and Economic Performance. Journal of Environmental Policy, 9(3), pp.69-114.
Oates, G. and Moradi-Motlagh, A. (2016). Is voluntary disclosure of environmental performance associated with actual environmental performance? Evidence from Victorian local governments, Australia. Australasian Journal of Environmental Management, 23(2), pp.194-205.
Sunderasan, S. (2013). Enabling Environment. India: Springer India.
Wen, X. (2012). Voluntary Disclosure and Investment*. Contemporary Accounting Research, 30(2), pp.677-696.
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