Non-financial reporting of corporations – A Czech case study

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F20%3A00115857" target="_blank" >RIV/00216224:14560/20:00115857 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.wseas.org/multimedia/journals/economics/2020/b025107-069.pdf" target="_blank" >https://www.wseas.org/multimedia/journals/economics/2020/b025107-069.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.37394/23207.2020.17.50" target="_blank" >10.37394/23207.2020.17.50</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Non-financial reporting of corporations – A Czech case study

Popis výsledku v původním jazyce

Although reporting on the responsibility and beneficial effect of a corporation is becoming standard practice, it is traditionally considered as part of the annual financial performance report in the Czech region. A change to the new form and content was to be ensured by an amendment to the legislation with effect from 1 January 2017. The perception of new approaches has not been investigated or published to date so the aim of the research was to ascertain how the new quality of reporting is applied in Czech corporations. Data for empirical research was excerpted from reports published by large public interest entities in 2018. To verify the generally perceived assumption of a positive correlation between the size of corporations and the quality of their reports, or more precisely between the quality of reports and the satisfaction of users' needs, the methods of quantitative and qualitative financial analysis were applied. The analyzes have yielded comparable results to global developments in the publication of non-financial information in terms of form and content. Lower representation has been reported in the fight against corruption and environmental protection. The model for measuring the quality of non-financial reports based on a point score confirmed a higher medium to high degree of quality. © 2020, World Scientific and Engineering Academy and Society. All rights reserved.

Název v anglickém jazyce

Non-financial reporting of corporations – A Czech case study

Popis výsledku anglicky

Although reporting on the responsibility and beneficial effect of a corporation is becoming standard practice, it is traditionally considered as part of the annual financial performance report in the Czech region. A change to the new form and content was to be ensured by an amendment to the legislation with effect from 1 January 2017. The perception of new approaches has not been investigated or published to date so the aim of the research was to ascertain how the new quality of reporting is applied in Czech corporations. Data for empirical research was excerpted from reports published by large public interest entities in 2018. To verify the generally perceived assumption of a positive correlation between the size of corporations and the quality of their reports, or more precisely between the quality of reports and the satisfaction of users' needs, the methods of quantitative and qualitative financial analysis were applied. The analyzes have yielded comparable results to global developments in the publication of non-financial information in terms of form and content. Lower representation has been reported in the fight against corruption and environmental protection. The model for measuring the quality of non-financial reports based on a point score confirmed a higher medium to high degree of quality. © 2020, World Scientific and Engineering Academy and Society. All rights reserved.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

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

Název periodika

WSEAS Transactions on Business and Economics

ISSN

1109-9526

e-ISSN

2224-2899

Svazek periodika

17

Číslo periodika v rámci svazku

n/a

Stát vydavatele periodika

GR - Řecká republika

Počet stran výsledku

9

Strana od-do

514-522

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85085288960