QUALITY OF NON-FINANCIAL INFORMATION IN THE CONTEXT OF CORPORATE SUSTAINABILITY REPORTING DIRECTIVE ( CSRD)

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F24%3AN0000031" target="_blank" >RIV/04130081:_____/24:N0000031 - isvavai.cz</a>

Result on the web

<a href="https://jssidoi.org/jesi/article/1255" target="_blank" >https://jssidoi.org/jesi/article/1255</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.9770/c5723389853" target="_blank" >10.9770/c5723389853</a>

Result language

angličtina

Original language name

QUALITY OF NON-FINANCIAL INFORMATION IN THE CONTEXT OF CORPORATE SUSTAINABILITY REPORTING DIRECTIVE ( CSRD)

Original language description

Recent developments in the EU regulatory framework, from the 2014 Non-Financial Reporting Directive (NFRD) to the 2021 Corporate Sustainability Reporting Directive (CSRD), have significantly increased ESG disclosure requirements for a more significant number of companies. Despite numerous studies on non-financial information, few specifically address the CSRD. This paper contributes to bridging this research gap. This paper aims to evaluate the quality of non-financial information (NFI) disclosed by companies subject to the CSRD from 2025, compare it to CSRD standards, and explore any correlation with company size. To achieve this aim, data on non-financial information (NFI) from 53 companies in a selected EU country was collected from annual reports and other sources, converted to quantitative indicators, and assessed to create Non-Financial Information Indexes (NFIIs). Using descriptive statistics, the construction of Company Size Indexes (CSI) and the application of Pearson's correlation coefficient, it was found that NFI quality does not meet CSRD standards and is positively, but not statistically significantly correlated with company size. The practical importance of this document is to provide feedback to companies on their non-financial reporting concerning CSRD standards and inform policymakers on this issue. The theoretical contribution lies in proposing a method for evaluating the published quality of NFIs based on the CSRD criteria and providing new insight into the correlation between NFI quality and company size.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES

ISSN

2345-0282

e-ISSN

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Volume of the periodical

12

Issue of the periodical within the volume

2

Country of publishing house

LT - LITHUANIA

Number of pages

15

Pages from-to

193-209

UT code for WoS article

001414735600012

EID of the result in the Scopus database

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