Financial and Sustainability Reporting in a Digital Era, 2nd Edition

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: closed (31 July 2025) | Viewed by 12443

Special Issue Editors


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Guest Editor
CEOS.PP, Porto Accounting and Business School, Polytechnic Institute of Porto, 4465-004 Porto, Portugal
Interests: financial accounting; corporate social responsibility reporting; sustainability reporting; accounting information systems; digital accounting
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
CEOS.PP, Porto Accounting and Business School, Polytechnic Institute of Porto, 4465-004 Porto, Portugal
Interests: financial accounting; international accounting; corporate social responsibility reporting; accounting information systems
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
CEOS.PP, Porto Accounting and Business School, Polytechnic Institute of Porto, 4465-004 Porto, Portugal
Interests: management accounting; corporate social responsibility reporting; business failure; accountability; digitalization in accounting
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Stakeholders increasingly demand information on social and environmental responsibility to be considered in organizational resource-allocation decisions, which implies the existence of accounting standards that ensure the recognition of social effects at a level that allows to produce quality and useful information for decision making. Therefore, financial and non-financial reporting should promote the rigor and transparency of information disclosed by organizations for stakeholders to make a fair evaluation of organizational economic, social, and environmental performance. In a global and digital world, this becomes more difficult to achieve.

This Special Issue focuses on the broad topic "Financial and Sustainability Reporting in a Digital Era" and aims to encourage submissions building on interdisciplinary research in fields, such as accounting, business, economy, governmental policies, gender and diversity studies, artificial intelligence, national and international regulations/standards and digital transformation, or other studies that contribute to the development of sustainability and financial reporting in a digital era. We welcome papers based on a broad conceptualization of financial and sustainability reporting, including, but not limited to, topics such as new challenges for information actors, financial and non-financial reporting today and in the future, and the risk relevance of international financial and sustainability reporting.

We invite contributions of unpublished original research papers that promote the use of different methodological approaches (theoretical and empirical, both quantitative and qualitative).

Dr. Albertina Paula Monteiro
Dr. Claudia Maria Ferreira Pereira
Dr. Amélia Ferreira Da Silva
Guest Editors

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • financial accounting
  • sustainability development goals
  • corporate social responsibility
  • digitalisation in accounting
  • gender and diversity
  • challenges for accounting
  • challenges for information actors
  • risk and assurance of financial and non-financial reporting
  • financial reporting standards
  • sustainability reporting standards
  • accounting information systems
  • digital transformation
  • accounting management and control
  • financial and non-financial reporting quality
  • corporate governance
  • organization innovation
  • artificial intelligence
  • ethics in business and accounting
  • green accounting
  • sustainable finance
  • sustainability and relational architecture

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Related Special Issue

Published Papers (4 papers)

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Research

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43 pages, 6500 KB  
Article
Human Risk Mitigators: A Bibliometric and Thematic Analysis of Financial Advisors in Household Resilience
by Maria-Roxana Balea-Stanciu, Georgiana-Iulia Lazea and Ovidiu-Constantin Bunget
J. Risk Financial Manag. 2025, 18(10), 548; https://doi.org/10.3390/jrfm18100548 - 30 Sep 2025
Viewed by 515
Abstract
In the context of rising uncertainty and financial crises, the roles of financial advisors are evolving beyond technical compliance, particularly in household contexts. This article introduces a novel perspective by highlighting how these professionals contribute to resilience and stability at all levels of [...] Read more.
In the context of rising uncertainty and financial crises, the roles of financial advisors are evolving beyond technical compliance, particularly in household contexts. This article introduces a novel perspective by highlighting how these professionals contribute to resilience and stability at all levels of society by building financial literacy and acting as human barriers against systemic risk. From the datasets retrieved from Web of Science and Scopus, a final curated sample of 102 peer-reviewed articles was retained following thematic refinement and in-depth human filtering. After data harmonisation, a bibliometric analysis was conducted through VOSviewer, identifying five key thematic clusters. Beyond cartographic description, a rigorous thematic exploration was conducted. We advance an interpretive architecture consisting of mechanisms (M1–M4), advice-to-outcome pathways (P1–P3), and a conditional context (Conditions of Success (CS), Failure points (F) and Moderating Factors (MF)), enabling integrative inference and cumulative explanation across an otherwise heterogeneous corpus. Results show that financial advisors mitigate risk by educating clients, guiding decisions, and turning complexity into usable judgment. They also bear risk; as human barriers, they channel and transform these pressures through their professional practice, returning stabilizing effects to households and, by extension, to the wider financial system. Full article
(This article belongs to the Special Issue Financial and Sustainability Reporting in a Digital Era, 2nd Edition)
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21 pages, 316 KB  
Article
Human Competencies: Amplifying Financial Reporting Quality in Indonesian Local Government
by Mediaty, Grace T. Pontoh, Nadhirah Nagu, Rahmawati HS, Anis Anshari Mas’ud and Rozainun Haji Abdul Aziz
J. Risk Financial Manag. 2025, 18(8), 424; https://doi.org/10.3390/jrfm18080424 - 1 Aug 2025
Viewed by 2377
Abstract
This quantitative study examines the determinants of financial reporting quality in Indonesian local governments, focusing on good governance, regional financial accounting systems, internal control systems, organizational commitment, and information technology utilization, with HR competencies as a moderator. Data were collected via surveys from [...] Read more.
This quantitative study examines the determinants of financial reporting quality in Indonesian local governments, focusing on good governance, regional financial accounting systems, internal control systems, organizational commitment, and information technology utilization, with HR competencies as a moderator. Data were collected via surveys from 170 Local Government Work Units (SKPDs) across South Sulawesi Province, Indonesia. Employing Structural Equation Modeling (SEM), the findings indicate that good governance, regional financial accounting systems, internal control systems, organizational commitment, and information technology utilization all positively influence financial reporting quality. Crucially, human resource competencies were found to significantly moderate the relationship between the internal control system and organizational commitment with financial reporting quality. However, this moderating effect was not significant for the relationships involving good governance, regional financial accounting systems, and information technology utilization. These results highlight the essential role of human resource development and systemic enhancements in fostering greater financial accountability and transparency within the public sector. Therefore, policy recommendations should focus not only on enhancing individual competencies but also on synergistically strengthening systems and governance frameworks to achieve transparent and reliable public financial reporting. Full article
(This article belongs to the Special Issue Financial and Sustainability Reporting in a Digital Era, 2nd Edition)
17 pages, 3649 KB  
Article
Artificial Intelligence in Financial Behavior: Bibliometric Ideas and New Opportunities
by Aliya Bayakhmetova, Lyudmila Rudenko, Liubov Krylova, Buldyryk Suleimenova, Shakizada Niyazbekova and Ardak Nurpeisova
J. Risk Financial Manag. 2025, 18(3), 159; https://doi.org/10.3390/jrfm18030159 - 17 Mar 2025
Cited by 3 | Viewed by 4959
Abstract
Artificial intelligence is transforming financial behavior and decision-making processes, offering new opportunities to optimize financial systems and reduce bias. This study explores the intersection of AI and financial behavior using bibliometric analysis to identify trends, gaps, and emerging directions in this rapidly evolving [...] Read more.
Artificial intelligence is transforming financial behavior and decision-making processes, offering new opportunities to optimize financial systems and reduce bias. This study explores the intersection of AI and financial behavior using bibliometric analysis to identify trends, gaps, and emerging directions in this rapidly evolving field. A total of 1019 documents are available in Scopus for the period 1987–2024. The articles are analyzed using the Bibliometrix R package and the Bibliophagy graphical user interface. Key findings show a robust annual growth rate of 13.34%, highlighting the growing relevance of the topic. The analysis revealed central themes such as machine learning, decision-making, and financial inclusion, along with critical gaps in ethical considerations, regional disparities, and practical applications of AI for marginalized populations. Leading contributors and influential sources, including journals such as IEE Access and Expert Systems with Applications, were mapped to understand the intellectual structure of the field. The study highlights the urgent need to address and mitigate algorithmic biases to ensure fairness, transparency, and ethical outcomes in AI-driven systems. It also highlights the importance of improving financial literacy and adapting AI tools for fair financial inclusion. These insights provide a roadmap for future research and practical innovation, ensuring that AI is integrated into financial systems ethically and effectively to promote a more inclusive global financial ecosystem. Full article
(This article belongs to the Special Issue Financial and Sustainability Reporting in a Digital Era, 2nd Edition)
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Other

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23 pages, 1305 KB  
Systematic Review
Biological Assets in Agricultural Accounting: A Systematic Review of the Application of IAS 41
by Priscila Campos-Llerena, Mauricio Arias-Pérez, Cecilia Toscano-Morales and Carlos Barreno-Córdova
J. Risk Financial Manag. 2025, 18(7), 380; https://doi.org/10.3390/jrfm18070380 - 9 Jul 2025
Cited by 1 | Viewed by 3986
Abstract
The valuation of biological assets represents a crucial component for the generation of accounting information, especially in the context of the agricultural sector, where assets subject to continuous transformation processes predominate. This study aims to analyze, through a systematic review of the literature, [...] Read more.
The valuation of biological assets represents a crucial component for the generation of accounting information, especially in the context of the agricultural sector, where assets subject to continuous transformation processes predominate. This study aims to analyze, through a systematic review of the literature, how the measurement methods established by International Accounting Standard 41 (IAS 41) affect the quality, accuracy, and usefulness of accounting reports. The results show that the correct valuation of biological assets significantly improves strategic and financial decision-making by providing more reliable and representative data on the economic reality of the sector. Finally, the study highlights the main practical challenges in the application of IAS 41, including fair value volatility, the subjectivity of estimates, the limited availability of reliable data, and the need for more flexible accounting frameworks that consider the cultural, climatic, and productive realities of each environment. Based on these findings, the importance of strengthening transparency and accounting disclosure and adapting measurement methods to the particularities of the agricultural sector in order to improve the quality of information and the confidence of external users is highlighted. Full article
(This article belongs to the Special Issue Financial and Sustainability Reporting in a Digital Era, 2nd Edition)
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