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Assurance Market

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Encyclopedia of Sustainable Management

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Synonyms

Assurance of sustainability reports market

Description

The assurance market for sustainability reports arises from the need to increase the credibility of information on corporate social responsibility (CSR). The essence of external assurance is that the information is more credible if it has been examined by an expert who is unrelated to the reporting party. Its objective is to reinforce the users’ confidence in certain information, through analysis by an independent third party that establishes an opinion about its adequacy and veracity.

Sustainability reports and traditional financial reporting are an important source of information to support the decision-making process within the new context of business responsibilities understood from an economic, social, and environmental perspective. This circumstance favors the creation of a market for external assurance services and provides an opportunity for different professionals facing an emerging demand.

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Author information

Authors and Affiliations

  1. Department of Finance and Accounting, University of Vigo, Vigo, Spain

    Natalia Vaz-Ogando

Authors
  1. Natalia Vaz-Ogando
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Correspondence to Natalia Vaz-Ogando .

Editor information

Editors and Affiliations

  1. London Metropolitan University, Guildhall Faculty of Business and Law London Metropolitan University, London, UK

    Samuel Idowu

  2. Cologne Business School, Ingolstadt, Germany

    René Schmidpeter

  3. College of Business, Loyola University New Orleans, New Orleans, LA, USA

    Nicholas Capaldi

  4. International Training Centre of the IL, International Labor Organization, Turin, Italy

    Liangrong Zu

  5. Department of Economics, Society and Politics, University of Urbino Carlo Bo, Urbino, Italy

    Mara Del Baldo

  6. Instituto Politécnico da Guarda, Guarda, Portugal

    Rute Abreu

Section Editor information

  1. Faculty of Social Sciences and Business Studies, University of Eastern Finland, Kuopio, Finland

    Arto O. Salonen

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Vaz-Ogando, N. (2020). Assurance Market. In: Idowu, S., Schmidpeter, R., Capaldi, N., Zu, L., Del Baldo, M., Abreu, R. (eds) Encyclopedia of Sustainable Management. Springer, Cham. https://doi.org/10.1007/978-3-030-02006-4_448-1

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  • DOI: https://doi.org/10.1007/978-3-030-02006-4_448-1

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  • Print ISBN: 978-3-030-02006-4

  • Online ISBN: 978-3-030-02006-4

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