Has the Spanish non-financial information regulation become a socially accepted norm?: Special emphasis on the road passenger transport sector
JA Andrades et al.
Abstract
Purpose The purpose of this paper is to evaluate the impact of Spanish Non-Financial Information (NFI) regulation on the processes driving sustainability reporting (SR) in becoming a social norm in Spain. The focus is placed specifically on the road passenger transport sector. Design/methodology/approach The authors use a qualitative approach by combining various data sources, primarily interviews and documents. Findings The research indicates that the number of reporting companies from the Spanish road passenger transport sector has increased over time, primarily due to the coercive pressure exerted by the Spanish NFI regulation. However, the authors have found that this regulation does not conform to the prevailing practices and standards. Moreover, the socio-political context surrounding the law’s launch hindered its effectiveness as an instrument of change in the SR activity. Consequently, the Spanish NFI regulation has not become a socially accepted norm in Spain, particularly among road passenger transport companies. Originality/value This paper makes several important contributions to the existing literature. Firstly, it explores how socio-political, cultural and historical factors impact SR activities. Secondly, it uses the concept of normativity, as developed by Bebbington et al. (2012), to provide deeper theoretical insights into the dynamic processes involved in the institutionalisation of SR within a specific field.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.