With the introduction of various climate change related legislation in Australia, many companies are now incorporating social/environmental/sustainability measures in their multi-perspective strategic performance measurement systems (SPMS). An increasing number of Australian companies have shown willingness to publicly disclose their SPMS adoption (see for example Elijido-Ten, 2011; 2013) thereby enabling various stakeholders to evaluate both financial and non-financial performance of the firm. There is, however, mounting criticism that such public disclosures are no more than green-washing mechanisms, particularly if the SPMS targets/measures are not linked to rewards system or compensation plans. For this assignment, you will form a team of four or five and work together to conduct and write up your research efforts. There are three major components to this teamwork research assignment: Literature review. Company research. Overall report structure and team effort. A. Literature review Multi-perspective SPMS research Conduct a review of literature on multi-perspective SPMS such as balanced scorecard or triple (or quadruple) bottom line. Provide a brief but succinct analysis on its salient features. Citing academic research that examine real companies’ experience/s on SPMS adoption, discuss the benefits/pitfalls/challenges including the advantages/disadvantages reported by companies in their SPMS adoption. 2. Motivation theories and reward system research Briefly discuss one theory of motivation and explain how this theory relates to rewards system. Examine academic research conducted on real companies’ use of different forms of rewards/compensation given to top executives and/or non-executive employees. (Hint: Do not rely on textbooks; support your discussion with academic research). B. Company research Company profile and disclosure of SPMS You are required to select two companies from the Top 100 publicly listed companies in Australia that provide some form of disclosure on their SPMS adoption. One firm must come from an environmentally sensitive industry (e.g. mining, chemical or energy/utility sector) while the other must be from a environmentally sensitive industry (e.g. insurance or financial sector). Briefly outline the profile of the companies chosen. Use the criteria used by Elijido-Ten & Tjan (2014) to determine whether or not your chosen companies adopt a multi-perspective SPMS. Then, examine the SPMS disclosures from publicly available reports (such as annual reports, shareholder reviews, sustainability reports, corporate policies and company websites) for 2 years, 2017 and 2018. Over this 2-year period, discuss whether there have been any changes in SPMS disclosures in terms of the perspectives, objectives, measures & targets set and briefly compare the SPMS disclosures of the two companies. 2. Company performance and link to rewards/compensation plan Analyse the companies’ 2017 and 2018 financial performance using appropriate profitability and solvency financial measures. Investigate whether the two chosen companies link their SPMS measures/targets with executive rewards/compensation plans. Your analysis and discussion should explain how the companies have either succeeded or failed to strengthen their competitive advantage over the 2-year period you have examined. C. Overall report structure and team effort Present your assignment in a research paper format with approximate word length of 4,000 words. The standard procedure is that the assignment will be marked up to the specified word count only. Your report must have an Abstract (about 300 words), Table of Contents, References, and Appendices (Note: These are not included in your word limit of 4000 words.) Use Swinburne Harvard referencing style throughout your report. Supporting resources The following resources will assist you with completing this assignment: For Section A, useful references can be found from various academic journals through library electronic databases such as Elsevier, Emerald, Ebscohost, Google Scholar, etc. (An examination of between 10 to 20 articles is a guide to the level of research required). For Section B, you may use annual reports, sustainability report, shareholder reviews, company websites and library databases such as DatAnalysis and Factiva. (Another 10 to 20 articles are expected). You may find the following academic research papers useful (take note of the format and content The impact of sustainability and balanced scorecard disclosures on market performance: Evidence from Australia’s top 100 (Links to an external site.) (Elijido-Ten 2011). Determinants of strategic performance measurement system disclosures in Australia’s top 100 publicly listed firms (Links to an external site.)(Elijido-Ten 2013). Sustainability balanced scorecard disclosures: An Australian study,’ Issues in social & environmental accounting (Links to an external site.)(Elijido-Ten & Tjan 2014). You are advised to form teams by Week 3 of your unit and let your eLA know who you will be working with. If you have any trouble forming a team, please advise your eLA. You should fill out a Team charter template (DOC 40 KB)Preview the document to establish how your team plans to work together. I WILL ONLY BE CONTRIBUTING TO PART B AND ONLY BE USING THE NON-ENVIRONMENTALLY SENSITIVE COMPANY WHICH CAN BE ANY FROM THE ASX 100.