Subject: non-financial reporting
Subject: EU membership
Subject: social responsibility
Subject: ESG
Year: 2023
Type: Proceeding article
Title: Non-financial Reporting Analysis: Does EU Membership Affect the Disclosure of Non-financial Information in BlueChip Companies?
Author: Atanasovski, Atanasko
Author: Trpeska, Marina
Author: Tocev, Todor
Author: Malchev, Bojan
Author: Dionisijev, Ivan
Abstract: Non-financial reporting, as a relatively new concept, has been intensively developed in the last few decades, primarily voluntarily, as a need to provide stakeholders with an insight into business-related issues that are of broader social importance. It is becoming necessary and increasingly important for all participants in today's socio-economic environment. This paper presents qualitative and quantitative research on the disclosure of non-financial information on social responsibility in 40 listed companies from selected Balkan countries for the period from 2019 to 2021, to determine whether and how EU membership affects the scope of non-financial reporting. The results of the conducted statistical tests indicate that companies from EU countries disclose in more detail and for more segments compared to companies from non-EU countries. The transposition of the directive into law, i.e. mandatory non-financial reporting is one of the key factors for the disclosure of companies' ESG activities.
Publisher: Lex Localis
Relation: CONTEMPORARY FINANCIAL MANAGEMENT 2022
Identifier: oai:repository.ukim.mk:20.500.12188/25774
Identifier: http://hdl.handle.net/20.500.12188/25774Identifier: 10.4335/2023.3.7
