Role of ICT in Effective Sustainable Reporting
Swati Bhatt1, Sharat Sharma2
Manuscript received on 02 May 2019 | Revised Manuscript received on 14 May 2019 | Manuscript Published on 23 May 2019 | PP: 173-180 | Volume-7 Issue-6S5 April 2019 | Retrieval Number: F10280476S519/2019©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Information and Communication Technology (ICT) is the combination of Information Technology and Communication Technology that are used to handle the tele-communications, intelligent management systems, audio-visual processing and network-based control and monitoring functions through gathering, processing, storing and presenting data. Sustainable reporting is the digital reporting mechanism with utmost accountability, transparency and authenticity to overcome major challenges of scrutiny, consistency of information in the corporate world. Effective sustainable reporting ensures the systematic and realistic reporting with comprehensive series of sustainability issues, enabling them to be more transparent about the prospective threats and opportunities they face. The survey was deployed to assess the abundant role of Information and Communication Technology (ICT) in effective sustainable reporting after finding the hidden patterns. The research methodology consisted of identification of key categories of roles of ICT and subsequently the constituent roles under each category through three iteration Delphi Technique wherein the Delphi panel consisted 10 experts having diverse background. Taking these inputs and purposeful contemplation on the part of the researcher the constructs necessary for the questionnaire were formulated. The respondents were asked to rate the level of importance of each question on five-point Likert scales. The study helped to identify the recent trends, requirements and challenges faced by professionals especially in Indian Corporate Sectors when interacting with the roles of ICT in Effective Sustainable Reporting and attract wider stakeholder groups. Majority of the respondents accredited high importance towards role of ICT in Effective Sustainable Reporting. A majority of the respondents agreed that the sustainable reporting mechanism is well-suited and reflect any organizational performance with benchmark.
Keywords: Information Technology, Communication Technology, Information and Communication Technology (ICT), Sustainability, Sustainable Reporting.
Scope of the Article: Optical Communication