Product Information:-

  • Journals
  • Books
  • Case Studies
  • Regional information
Request a service from our experts.

Creating Value through Accounting for Non-financial matters: Qualitative and quantitative research approaches

Special issue call for papers from Meditari Accountancy Research

Guest Editors:

Umesh Sharma, University of Waikato, New Zealand
Mary Low, University of Waikato, New Zealand
Sumit Lodhia, University of South Australia, Australia

What is the special issue about?

Non-financial reports in the form of “Environmental, Social and Governance (ESG) Reports” or “Integrated Reports” or “Sustainability Reports” are in demand by investors. These reports are now essential criterion for investors to aid them in their decision-making. De Villiers and Maroun (2018) argues for a future where the integration of sustainability and social and environmental responsible action are taken-for-granted prerequisites for any successful organisation. The 2018 EY Global Climate Change and Sustainability Services study links the value creation story where investors understand the ESG factors of a company to their performance and long-term value. It is presented that sustainability reporting will create long-term business and investor value but that the gap must be bridged where “business must work to streamline and standardise sustainability reporting to send the right signals on corporate performance, encourage sustainable behaviour, and to reward the companies who are strongest on economic, social and environmental fronts” (Tahtinen, 2018, n.p.). Studies found positive associations between ESG disclosure levels and firm value because improved transparency and accountability lead to enhanced stakeholder trust which play a role in increasing firm value (Stolowy and Paugam, 2018). Management accountants face challenges for a better understanding of nonfinancial information/intangibles and their important relationship to value creation (Cokins and Sherpherd, 2017). Does a dichotomy between nonfinancial metrics and financial value exist or is there a link between intangibles and value? (Yanagi and Michels-Kim, 2018). Research on broader value creation by Pilot (2017) indicates “In today’s world, organisations need to take into account the interests of all major stakeholders in their strategic decision making, as the ability to understand how investors, customers and employees perceive organisations, and the value they create, is imperative” (n.p.). The conception of value creation is therefore broad and inclusive of qualitative approaches. The EU’s Non-Financial Reporting Directive and the FRC’s proposed amendments to the Guidance on the Strategic Report highlights ‘encouraging business to consider the impact of their activities on stakeholders and the factors that contribute to the success of the company over the longer term’ (Pilot, 2017).
Given this background, we are pleased to announce a special issue of Meditari Accountancy Research with the general theme of Creating Value: Sustainability and Accounting for the Non-financial Value. The objective of this special issue is to publish high quality papers that promote the understanding and linking of sustainability reporting practices to creating firm values as current and emerging challenges. The special issue is open to both conceptual studies and empirical analysis based on qualitative as well as quantitative methodological approaches.

Key research themes include, but are not limited to:

  • Environmental, social and governance or nonfinancial or intangibles factors and the investment decision-making process
  • Environmental, social and governance or nonfinancial or intangibles factors and value creation
  • Integration of sustainability and social and environmental responsible action for business success
  • Dichotomy or link between nonfinancial metrics and financial values
  • Transparency, accountability, trust, stakeholders, sustainability reports and firm value
  • Reporting on broader value creation – strategic reporting and stakeholders
  • Management accountants and their challenges with sustainability reporting
  • Sustainable Reporting in the Emerging Economies

Submission instructions:

  • The closing date for submissions for this special issue is December 31, 2019
  • Manuscripts should be submitted via Scholar One Manuscripts
  • Please note that ScholarOne will not open unti 2 months before the  deadline December 31 2019
  • Please choose the special issue from the list in step 5 of the online submission process when submitting your manuscript
  • All papers will be blind reviewed using Meditari Accountancy Research’s normal procedures
  • All papers must follow the Author guidelines
  • The Guest Editors welcome enquiries in advance of submission and declarations of interest.
  • Enquiries can be sent to the Guest Editors: Umesh Sharma ([email protected]), Mary Low ([email protected]), Sumit Lodhia ([email protected])

Key dates:

  • December 31, 2019: Submission deadline
  • February 28, 2020: First reviews before this date
  • March – April 2020: Revisions and further review rounds
  • May, 2020: Final decisions
  • July 2020: Publication of Special Issue


Cokins, G. & Shepherd, N. (2017), The Power of Intangibles, Strategic Finance, May Issue
De Villiers, C. & Maroun, W. (2018), The Future of Sustainability Accounting and Integrated Reporting, In De Villiers, C & Maroun, W. (Eds.) Sustainability accounting and integrated reporting, Routledge: Abingdon, UK.
Nelson, M. & Bell, M. (2018), Does your nonfinancial reporting tell your value creation story? Available at
Pilot, S. (2017), Reporting on broader value creation: what good is beginning to look like, The IIRC Newsletter, Posted 18 August 2017. Available at
Tahtinen, J. (2018), Sustainability Reporting will create Long-Term Business and Investor Value, Business Reporting – International Federation of Accountants, May. Available at
Yanagi, R. & Michels-Kim, N. (2018), Integrating Nonfinancials to create value, Strategic Finance, January Issue.