Disclosure of non-financial information in Colombian Universities in the context of COVID 19
DOI:
https://doi.org/10.17533/udea.rc.n83a03Keywords:
Universities, non-financial reporting, SDGs, COVID-19Abstract
Universities are required to promote transparency in the disclosure of non-financial information, particularly in the context of the COVID-19 pandemic, as they play a fundamental role in minimizing and understanding the associated impacts. This work aims to assess the extent to which Colombian universities disclose non-financial information on their websites and university reports in relation to the prioritization of the SDGs. A descriptive analysis of 18 public and private universities in the THE impact ranking was conducted for the year 2021. It is evidenced that the universities have implemented sustainability disclosure processes that are designed to address the SDGs and mitigate the effects of COVID-19 in a cross-cutting manner, but they do not include sessions dedicated to discussing achievements and challenges. Access to information remains a challenge for universities, which even disclose non-financial information voluntarily.
Downloads
References
Acosta-Valdeleón, W., y Suárez Bocanegra, P. M. (2016). Creación de valor social compartido y universidad Creación de valor social compartido. Revista de La Universidad de La Salle, 71, 199-214. https://ciencia.lasalle.edu.co/cgi/viewcontent.cgi?article=1508&context=ruls
Adhikariparajuli, M., Hassan, A., Fletcher, M., y Elamer, A. A. (2020). Integrated Reporting in Higher Education: Insights from Scotland, Northern Ireland and Wales. Social Responsibility Journal, 13(3), 321-342. https://doi.org/10.1108/SRJ-01-2019-0031
Alvarez, M. F., y Florez, M. E. (2016). Responsabilidad social universitaria en desarrollo sostenible. II Jornadas de Desarrollo Local Regional Reflexiones y Diálogo Para La Acción Primer Encuentro de Escuelas de Gobierno. Villa María, Argentina. Universidad Nacional de Villa María. http://biblio.unvm.edu.ar/opac_css/doc_num.php?explnum_id=770
Amoroso-Fernández, Y., y Costales-Ferrer, D. (2016). Big Data: una herramienta para la administración pública. Ciencias de la Información, 47(3), 3-8. http://cinfo.idict.cu/index.php/cinfo/article/view/127
An, Y., Davey, H., y Harun, H. (2017). Sustainability Reporting at a New Zealand Public University: A Longitudinal Analysis. Sustainability, 9(9), 1-11. https://doi.org/10.3390/su9091529
Asadikia, A., Rajabifard, A., y Kalantari, M. (2021). Systematic Prioritisation of SDGs: Machine Learning Approach. World Development, 140, 105269. https://doi.org/10.1016/j.worlddev.2020.105269
Barbier, E. B., y Burgess, J. C. (2020). Sustainability and development after COVID-19. World Development, (135), 105082. https://doi.org/10.1016/j.worlddev.2020.105082
Beglaryan, M., y Shakhmuradyan, G. (2020). The Impact of COVID-19 on Small and Medium-Sized Enterprises in Armenia: Evidence from a Labor Force Survey. Small Business International Review, 4(2), e298. https://doi.org/10.26784/sbir.v4i2.298
Broadstock, D. C., Chan, K., Cheng, L. T. W., y Wang, X. (2021). The Role of ESG Performance During Times of Financial Crisis: Evidence from COVID-19 in China. Finance Research Letters, 38, 101716. https://doi.org/10.1016/j.frl.2020.101716
Católico-Segura, D. F. (2012). Revelación y divulgación de la información financiera y no financiera de las universidades públicas en Colombia. Revista Facultad de Ciencias Económicas: Investigación y Reflexión, 20(1), 57-76. https://doi.org/10.18359/rfce.2185
Ceballos-García, D., Calad-Arias, C., y Correa-García, J. A. (2020). University Reports in Colombia: A Contribution to Accountability. Cuadernos de Administración, 36(68), 28-43. https://doi.org/10.25100/cdea.v36i68.9809
Chica Salgado, C. A., y Soto Durán, M. P. (2019). Propuesta de un modelo de creación de valor para medir la expansión y el crecimiento en la universidad pública. I+D Revista de Investigaciones, 14(2), 14-27. https://doi.org/10.33304/revinv.v14n2-2019002
Correa-García, J.-A., Correa-Mejía, D.-A., y Ceballos-García, D. (2021). Prácticas de revelación en los reportes corporativos: Características de las empresas colombianas. Dimensión Empresarial, 19(2), 1-24. https://doi.org/10.15665/dem.v19i2.2667
Correa-Garcia, J. A., Garcia-Benau, M. A., y Garcia-Meca, E. (2018). CSR communication strategies of Colombian business groups: An analysis of corporate reports. Sustainability, 10(5), 1-19. https://doi.org/10.3390/su10051602
De la Poza, E., Merello, P., Barberá, A., y Celani, A. (2021). Universities’ Reporting on SDGs: Using THE Impact Rankings to Model and Measure their Contribution to Sustainability. Sustainability, 13(4), 2038. https://doi.org/10.3390/su13042038
Di Tullio, P., y La Torre, M. (2022). Sustainability Reporting at a Crossroads in Italian Universities: Is Web-Based Media Adoption Deinstitutionalising Sustainability Reporting? Administrative Sciences, 12(1), 34. https://doi.org/10.3390/admsci12010034
Ferrer-Balas, D., Buckland, H., y de Mingo, M. (2009). Explorations on the University’s Role in Society for Sustainable Development through a Systems Transition Approach. Case-study of the Technical University of Catalonia (UPC). Journal of Cleaner Production, 17(12), 1075-1085. https://doi.org/10.1016/j.jclepro.2008.11.006
Filho, W. L., Doni, F., Vargas, V. R., Wall, T., Hindley, A., Rayman-Bacchus, L., Avila, L. V. (2019). The Integration of Social Responsibility and Sustainability in Practice: Exploring Attitudes and Practices in Higher Education Institutions. Journal of Cleaner Production, 220, 152–166. https://doi.org/10.1016/j.jclepro.2019.02.139
Ganga-Contreras, F. A., Ramos-Hidalgo, M. E., Leal-Millan, A. G., y Valdivieso-Fernández, P. E. (2015). Teoría de agencia (TA): supuestos teóricos aplicables a la gestión universitaria. Innovar, 25(57), 11-26. https://doi.org/10.15446/innovar.v25n57.50324
García-Contreras, R., Valle-Cruz, D., y Canales-García, R. A. (2021). Selección organizacional: resiliencia y desempeño de las pymes en la era de la COVID-19. Estudios Gerenciales, 37(158), 73-84. https://doi.org/10.18046/j.estger.2021.158.4291
Guthrie, J., y Farneti, F. (2008). GRI Sustainability Reporting by Australian Public Sector Organizations. Public Money and Management, 28(6), 361–366. https://doi.org/10.1111/j.1467-9302.2008.00670.x
Heredia Rodríguez, L., y Gomez Jimenez, J. V. (2010). Las demandas de los stakeholders y la evolución de las memorias de sostenibilidad del GRI: un análisis desde la transparencia y la creación de valor. Economia, Gestión y Desarrollo, (10), 11–36. https://www.academia.edu/85435570/Las_demandas_de_los_stakeholders_y_la_evoluci%C3%B3n_de_las_memorias_de_sostenibilidad_del_GRI_un_an%C3%A1lisis_desde_la_transparencia_y_la_creaci%C3%B3n_de_valor
Huerta-Riveros, P., y Gaete-Feres, H. (2017). Social Accountability through the Global Reporting Initiative’s Sustainability Reports: The Experiences of a Public University. Revista Iberoamericana de Educación Superior, 8(23), 120-137. https://doi.org/10.22201/iisue.20072872e.2017.23.3014
Hueske, A. K., y Guenther, E. (2021). Multilevel Barrier and Driver Analysis to Improve Sustainability Implementation Strategies: Towards sustainable Operations in Institutions of Higher Education. Journal of Cleaner Production, 291. https://doi.org/10.1016/j.jclepro.2021.125899
Jiménez, C. G., Martínez, A. G., y López, M. A. (2016). Propuesta de indicadores de la Responsabilidad Social Universitaria conforme a la guía G4 del GRI: El caso de la Universidad de Córdoba. CIRIEC-España Revista de Economía Pública, Social y Cooperativa, 87(1), 103–137. https://ojs.uv.es/index.php/ciriecespana/article/view/6861
Laplume, A. O., Sonpar, K., y Litz, R. A. (2008). Stakeholder Theory: Reviewing a Theory that Moves Us. Journal of Management, 34(6), 1152–1189. https://doi.org/10.1177/0149206308324322
Larrán-Jorge, M., & Andrades-Peña, F. J. (2015). Análisis de la responsabilidad social universitaria desde diferentes enfoques teóricos. Revista Iberoamericana de Educacion Superior, 6(15), 91–107. https://doi.org/10.1016/S2007-2872(15)30005-6
Larrán-Jorge, M., y Andrades-Peña, F. J. (2017). Analysing the Literature on University Social Responsibility: A Review of Selected Higher Education Journals. Higher Education Quarterly, 71(4), 302–319. https://doi.org/10.1111/hequ.12122
Larrán-Jorge, M., y Andrades-Peña, F. J. (2015). Análisis de la responsabilidad social universitaria desde diferentes enfoques teóricos. Revista Iberoamericana de Educacion Superior, 6(15), 91–107. https://doi.org/10.1016/S2007-2872(15)30005-6
Larrán Jorge, M., Andrades Peña, F. J., y Herrera Madueño, J. (2019). An analysis of university sustainability reports from the GRI database: an examination of influential variables. Journal of Environmental Planning and Management, 62(6), 1019–1044. https://doi.org/10.1080/09640568.2018.1457952
Lozano, R. (2006). A Tool for a Graphical Assessment of Sustainability in Universities (GASU). Journal of Cleaner Production, 14(9-11), 963-972. https://doi.org/10.1016/j.jclepro.2005.11.041
Madorrán-García, C. (2012). ¿Es la universidad pública española socialmente responsable? Revista Iberoamericana de Educación Superior, 3(8), 90-103. https://doi.org/10.22201/iisue.20072872e.2012.8.74
Mawonde, A., y Togo, M. (2019). Implementation of SDGs at the University of South Africa. International Journal of Sustainability in Higher Education, 20(5), 932-950. https://doi.org/10.1108/IJSHE-04-2019-0156
Mazumder, S. (2020). How important is social trust during the COVID-19 crisis period? Evidence from the Fed announcements. Journal of Behavioral and Experimental Finance, 28, 100387. https://doi.org/10.1016/j.jbef.2020.100387
Minguet, P. A., y Solís, M. Á. U. (2019). Educación y Sostenibilidad en la Universidad de Valencia: construyendo futuro desde el pasado. Revista de Educación Ambiental y Sostenibilidad, 1(1). https://doi.org/10.25267/Rev_educ_ambient_sostenibilidad.2019.v1.i1.1202
Ministerio de Educación Nacional. (s.f.). Estadísticas. Sistema Nacional de Información de la Educación Superior (SNIES). Consultado el 15 de julio de 2022. https://snies.mineducacion.gov.co/portal/ESTADISTICAS/
Moneva-Abadía, J. M., y Martín-Vallespín, E. (2012). Universidad y desarrollo sostenible: análisis de la rendición de cuentas de las universidades del G9 desde un enfoque de Responsabilidad Social. Revista Iberoamericana de Contabilidad de Gestión, 10(19), 1–29. https://dialnet.unirioja.es/servlet/articulo?codigo=6645779
Moura-leite, R., Wemerson, M., y Pereira, G. (2020). Status of Sustainability Reports by Brazilian Higher Education Institutions. Revista Capital Científico – Eletrônica (RCCҽ), 18(4), 59–76. https://revistas.unicentro.br/index.php/capitalcientifico/article/view/6314
Nicolò, G., Aversano, N., Sannino, G., y Polcini, P. T. (2021). Investigating Web-Based Sustainability Reporting in Italian Public Universities in the Era of Covid-19. Sustainability, 13(6), 1-12. https://doi.org/10.3390/su13063468
Raimo, N.; Rella, A.; Vitolla, F.; Sánchez-Vicente, M.-I.; García-Sánchez, I.-M. (2021). Corporate Social Responsibility in the COVID-19 Pandemic Period: A Traditional Way to Address New Social Issues. Sustainability, 13(12). https://doi.org/10.3390/su13126561
Rella, A., Marrone, A., Raimo, N., y Vitolla, F. (2022). The Antecedents of Transparency of Italian Public Entities: An Empirical Analysis in Universities and Public Research Institutes. Administrative Sciences, 12(1), https://doi.org/10.3390/admsci12010029
Sepasi, S., Braendle, U., y Rahdari, A. H. (2019). Comprehensive Sustainability Reporting in Higher Education Institutions. Social Responsibility Journal, 15(2), 155–170. https://doi.org/10.1108/SRJ-01-2018-0009
Sonetti, G., Brown, M., y Naboni, E. (2019). About the triggering of UN sustainable development goals and regenerative sustainability in higher education. Sustainability, 11(1), 1-17. https://doi.org/10.3390/su11010254
Times Higher Education. (s.f.). Impact Rankings 2021. Consultado el 8 de julio de 2022. https://www.timeshighereducation.com/rankings/impact/2021/overall#!/page/0/length/25/locations/CO/sort_by/scores_overall/sort_order/asc/cols/undefined
Zuniga-Jara, S., Barraza-Carvajal, J., Sanhueza-Muñoz, N., y Soza-Amigo, S. (2018). Midiendo la creación de valor en una universidad. Formación Universitaria, 11(3), 87–96. https://doi.org/10.4067/S0718-50062018000300087
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Contaduría Universidad de Antioquia
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Author’s copyright of the articles is transferred to the University of Antioquia to have abstracts and full texts available in databases that disseminate each issue’s contents. However, the authors may disseminate their work published in the Journal through their personal pages and institutional repositories.
