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.
Citation
NAKPODIA, F., SAKARIYAHU, R., FAGBEMI, T., ADIGUN, R. and DOSUMU, O. 2024. Sustainable development goals, accounting practices and public financial management: a pre and post COVID-19 assessment. British accounting review [online], In Press, article 101466. Available from: https://doi.org/10.1016/j.bar.2024.101466
Ensure healthy lives and promote well-being for all at all ages
Take urgent action to combat climate change and its impacts
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
Files
NAKPODIA 2024 Sustainable development goals (VOR-CORRECTED PROOF)
(614 Kb)
PDF
