Authors: DR. CHETANA ASBE, DR. RUCHIKA AGARWAL, DR. SASMITA SINGH and DR. GIRISH BAGALE
Abstract
In 2017, the United Nations (UN) member countries embraced the 2030 agenda for Sustainable Development as a guiding framework. The implementation of the SDGs can solely be routed through the government and corporations of these member states. To cater to this development, in 2021, Business Responsibility and Sustainability Report (BRSR) was established. This report, which primarily focuses on non-financial information, is obligatory for the leading (by market capitalization) one thousand listed companies from FY23. This paper employs a sample of 178 BRSR reports of listed companies for FY22 and attempts at quantifying and analysing the reporting of SDGs by these companies. The report is divided into three sections and includes the nine core tenets outlined by the National Guidelines on Responsible Business Conduct (NGRBC). Qualitative research work has been conducted where recurring sustainability themes conveyed through the reports have been captured using computer coding and analyzed. The study reveals that certain SDGs are focused upon more as compared to the others. Additionally, the study, provides a detailed description of the extent of mapping charted for each of the SDGs by these companies. The work determines that the listed companies in India have prioritized SDG targets in their businesses. They have also begun measuring, analyzing and reporting these targets. However, as identified by the study, there is further scope for scaling-up this reporting, integration and implementation of SDGs
Keywords: United Nations, Sustainable Development Goals, Business Responsibility & Sustainability Report, Non-financial Reporting
2. THE INTERSECTION OF RURAL COMMUNITY WELL-BEING AND PUBLIC INTEREST: A THEMATIC STUDY
Authors: SHILPA GUPTA and Dr. ARTI MAINI
Abstract
This mixed-methods study sought to understand rural residents' perceptions and experiences of the primary elements affecting community wellbeing. The study seeks to uncover and explain the economic, social, institutional, environmental, and other factors that rural community members believe most affect their communities' wellbeing. The survey sought to discover rural community members' top priorities for community wellbeing. An integrative mixed-methods study of this important rural development and policy issue was possible by giving rural residents' lived experiences a voice through qualitative methods and measuring variables through the survey. The study used contemporaneous triangulation and mixed methodologies. An inductive study using 25 semi-structured interviews and a survey technique collected 400 rural respondents for the qualitative component. The interviews were thematically analyzed inductively to identify important themes. The survey instrument implemented and quantified exploratory factor analysis identified community wellbeing factors. To find determinants, descriptive statistics and correlation analysis were used on quantitative data. A mixed-methods approach triangulated qualitative and quantitative findings to build a coherent understanding. Social cohesion, community cohesion, community infrastructure assessment, community support, environmental amenities, sustainable local government, and safety were major themes. The poll found a favourable correlation between perceived safety, sustainable local governance, community infrastructure evaluation, and community cohesion. Environmental amenities, community cohesion, and support boost social cohesion. Quantitative and qualitative data showed that rural community wellbeing is complicated and multifaceted, resulting from economic, social, institutional, and environmental aspects. This research reveals the relative importance and interrelationships of key determinants like social cohesion, environmental amenities, community infrastructure, and sustainable local governance, providing a framework for developing rural community-specific interventions and strategies
Keywords: Rural communities, Mixed - method study, Triangulation, Thematic analysis, Rural policy
3. THE IMPACT OF INTERNAL AUDIT FUNCTIONS ON FINANCIAL REPORTING QUALITY IN LIBYAN COMMERCIAL BANKS
Authors: ALI ABDOULLAH OMAR IKRYM and EMNA BOUMEDIENE
Abstract
This study evaluates the impact of internal audit functions (IAFs) on financial reporting quality (FRQ) among Libyan commercial banks. An analysis is conducted using International Standards on Auditing (ISAs) regarding attributes and evaluation standards. To achieve the research aim, questionnaires were distributed to auditors across Libyan banks. Responses were collected from 309 participants, of which 297 were deemed suitable for analysis. Results indicate a statistically significant positive relationship at the 0.05 level between strength of IAFs and FRQ. Dimensions of effective IAFs like strategic planning, independence and productivity promotion each demonstrate individual influence. Additionally, evidence suggests ISAs and their standards/attributes moderate the link between IAF dimensions and FRQ. Specifically, adherence to ISA attributes and evaluation criteria significantly affects the association between independent and dependent variables. These findings imply challenges to ISA adoption must be addressed through establishing globally recognized high-quality accounting standards. This would enhance transparency, accountability and efficiency across global financial systems.
Keywords: Internal Auditors, Planning, Banks, roductivity development, Independence, International Accounting Standards, Attributes, Evaluation Standards.
4. RURAL WOMEN’S ENTREPRENEURIAL PASSION – A LIVE STUDY DURING THE PANDEMIC
Authors: DURGAPADA BANERJEE1 and PROF. MRINALINI PANDEY2
Abstract
This research's primary rationale is to create a paradigm on how India's rural women entrepreneur fights against Covid-19 during this Pandemic by maintaining lockdown rules and utilizing their own acquired passion followed by motivation, knowledge, and managing talent in this male-subjugated culture. This study will also emphasize how the rural women entrepreneur bloom their ability, managing talent, expertise, and passion for fighting against Covid-19, an unknown, invisible foe to develop new protective items and services to protect the society from pandemic. Through this ethical and live analysis, the paper explores rural women’s innovative thinking to save society by taking help from the local Government for financial assistance, training and marketing etc. to selling own produced products, i.e., masks, sanitizer, hand wash, protective gear, etc. This mixed method study will create an example in India and worldwide on how to utilize the resources by deploying talent blending with collective efforts in a time of emergency and how the poor women entrepreneur can play an all-rounder role in society by carrying out social business. Ultimately this innovative study will help the Government as well as policy maker for developing new project or scheme for sustainable socio-economic expansion of society.
Keywords: Women, Entrepreneurship, Passion, Pandemic, Socio-Economic Development