Using of the Circularity Indicators in the Financial Communication of Listed Companies in the Construction Industry
Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 06
Abstract
The Building and Public Works sector is experiencing remarkable growth due to the increase in infrastructure needs. Because it is one of the most waste-generating sectors. This growth will explode in the coming years, especially with a linear economy model. Thus, the transition to a circular economic model is necessary and financial communication practices must be aligned with it. Under this objective, this paper seeks to explore the financial communication practices of listed companies in terms of circular economy. Design/Methodology/Approach: The annual reports of seven (7) Moroccan construction companies listed on the Casablanca Stock Exchange were analyzed and discussed in the light of theoretically approved circularity indicators. Findings: The content disseminated by the listed construction companies through their annual reports in relation to the circular economy is often limited to the description of broader actions. Some listed companies communicate numerical indicators particularly in relation to energy and water consumption, recycling and recovery of waste, substitution of natural resources by alternative materials. Practical implications: This paper is a benchmarking tool for listed and unlisted companies in the construction sector, with the aim of improving the quality of the indicators disseminated and increasing the environmental performance of companies.
Authors and Affiliations
EZZIADI Abdelali ,CHACHDI Aziza
Analysis of the Influence of Service Quality and Perceived Risk Based on Type of Consumer on Consumer Satisfaction and its Impact on Repurchase Intentions of Kebomas NPK Fertilizer After Centralization at PT Petrokimia Gresik
Optimization of all resources owned into an integrated whole, is the goal for cost efficiency in the company's operational processes. Centralization is an integration effort initiated to produce optimal shipping costs, o...
Developing Bancassurance Distribution Channels in Vietnamese Life Insurance Companies
The article provides an overview of Bancassurance, Bancassurance business activities in Asia and Vietnam. Through the method of data collection, analysis, and synthesis, the research team has evaluated the status of Banc...
Ego Depletion as Mediation Emotional Intelligence and Spiritual Intelligence to the Performance of Malang Tax Consultants
This study aims to analyze the effect of emotional intelligence on performance, analyze the influence of spiritual intelligence on performance, analyze the effect of emotional intelligence on ego depletion, analyze the i...
The Role of Strategic Planning In Improving Service Quality and Profitability of the Healthcare Industry: A Systematic Review
Strategic planning plays a pivotal role in enhancing service quality and profitability in the healthcare industry. This systematic review synthesizes findings from various studies conducted between 2019 and 2023, explori...
Sharia and Corporate Governance of Islamic Banks
Seen as an essential element of economic development, corporate governance has been at the center of the debate since the 1990s. Its crucial interest for the good functioning of financial markets is strongly mentioned. O...