TY - JOUR
T1 - Sustainable Development Goals, Accounting Practices and Public Financial Management: A Pre and Post COVID-19 Assessment
AU - Nakpodia, Franklin
AU - SAKARIYAHU, RILWAN
AU - Fagbemi, Temitope
AU - Adigun, Rasheed
AU - Dosumu, Oluwatoyin
PY - 2024/8
Y1 - 2024/8
N2 - Previous studies have highlighted the importance of policy interventions in achieving the Sustainable Development Goals (SDGs). However, there is limited understanding within accounting literature about strategies to enhance sustainable development initiatives and address the challenges faced in varieties of capitalism. This study investigates the influence of accounting practices and public financial management on SDG attainment, focusing on their interactions. Drawing on a global dataset from 96 countries, we find that both accounting practices and public financial management positively impact human development and environmental sustainability, specifically in relation to SDGs 3, 7, and 13. Additionally, our study uncovers significant differences in these impacts before and during the COVID-19 pandemic. Our findings, which are robust to endogeneity and heterogeneity tests, suggest that policymakers should prioritise the enhancement of accounting practices and public financial management to achieve the SDGs.
AB - Previous studies have highlighted the importance of policy interventions in achieving the Sustainable Development Goals (SDGs). However, there is limited understanding within accounting literature about strategies to enhance sustainable development initiatives and address the challenges faced in varieties of capitalism. This study investigates the influence of accounting practices and public financial management on SDG attainment, focusing on their interactions. Drawing on a global dataset from 96 countries, we find that both accounting practices and public financial management positively impact human development and environmental sustainability, specifically in relation to SDGs 3, 7, and 13. Additionally, our study uncovers significant differences in these impacts before and during the COVID-19 pandemic. Our findings, which are robust to endogeneity and heterogeneity tests, suggest that policymakers should prioritise the enhancement of accounting practices and public financial management to achieve the SDGs.
UR - http://dx.doi.org/10.1016/j.bar.2024.101466
U2 - 10.1016/j.bar.2024.101466
DO - 10.1016/j.bar.2024.101466
M3 - Article
SN - 0890-8389
JO - The British Accounting Review
JF - The British Accounting Review
ER -