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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2024

Kód důvěrnosti údajů

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

Název periodika

ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES

ISSN

2345-0282

e-ISSN

—

Svazek periodika

12

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

LT - Litevská republika

Počet stran výsledku

15

Strana od-do

193-209

Kód UT WoS článku

001414735600012

EID výsledku v databázi Scopus

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