Taking the firm’s perspective, the third chapter (Barriers and Drivers for the Integration of ESG into Risk Management and Performance Measurement Systems: a Field Study in the Italian Context) examines the integration of ESG factors into risk management and performance measurement systems through the lens of management accounting change. This chapter presents a field study consisting of 12 interviews with four Italian companies that voluntarily disclose non-financial information and highlights the factors that either facilitate or hinder this process. Facilitating factors include changes to stakeholders’ expectations and the regulatory landscape, while hindering factors include a lack of knowledge about ESG issues and inadequate information systems. The findings suggest that companies are increasingly aware of the need to implement ESG into their management systems, although the process is still in its early stages. This study adds to the literature on ESG-oriented management control systems and offers insights to companies seeking to initiate the ESG integration process.
Barriers and Drivers for the Integration of ESG into Risk Management and Performance Measurement Systems: a Field Study in the Italian Context
Leto, Lorenzo;Vito, Diletta;Bernini, Francesca
2025-01-01
Abstract
Taking the firm’s perspective, the third chapter (Barriers and Drivers for the Integration of ESG into Risk Management and Performance Measurement Systems: a Field Study in the Italian Context) examines the integration of ESG factors into risk management and performance measurement systems through the lens of management accounting change. This chapter presents a field study consisting of 12 interviews with four Italian companies that voluntarily disclose non-financial information and highlights the factors that either facilitate or hinder this process. Facilitating factors include changes to stakeholders’ expectations and the regulatory landscape, while hindering factors include a lack of knowledge about ESG issues and inadequate information systems. The findings suggest that companies are increasingly aware of the need to implement ESG into their management systems, although the process is still in its early stages. This study adds to the literature on ESG-oriented management control systems and offers insights to companies seeking to initiate the ESG integration process.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
