Next Article in Journal
Thermal and Fluid Dynamic Analysis within a Batch Micro-Reactor for Biodiesel Production from Waste Vegetable Oil
Previous Article in Journal
Multi-Objective Land-Use Allocation Considering Landslide Risk under Climate Change: Case Study in Pyeongchang-gun, Korea
Article Menu
Issue 12 (December) cover image

Export Article

Open AccessArticle
Sustainability 2017, 9(12), 2304; https://doi.org/10.3390/su9122304

CSR Disclosure in Polish-Listed Companies in the Light of Directive 2014/95/EU Requirements: Empirical Evidence

Department of Accounting, Poznan University of Economics and Business, 61-875 Poznań, Poland
*
Author to whom correspondence should be addressed.
Received: 8 November 2017 / Revised: 6 December 2017 / Accepted: 8 December 2017 / Published: 12 December 2017
(This article belongs to the Section Economic, Business and Management Aspects of Sustainability)
Full-Text   |   PDF [724 KB, uploaded 12 December 2017]   |  

Abstract

On 15 December 2016, new non-financial reporting requirements were implemented in the Polish Accounting Act (PAA) which would be enforced from 1 January 2017. This act resulted from the transposition of Directive 2014/95/EU. New requirements oblige certain groups of entities to disclose non-financial information on environmental, social and employee-related matters, respect for human rights, anti-corruption and bribery matters. The purpose of this paper is two-fold. Firstly, this study analyses the new non-financial reporting requirements implemented in PAA, which were created from the transposition of the Directive. Secondly, this study investigates the current extent and quality of corporate social responsibility (CSR) reporting in companies listed on the Warsaw Stock Exchange (WSE) and their compliance with the new requirements. The sample comprises 150 selected listed companies on the WSE. The data were collected from annual reports, separate CSR reports, and companies’ websites. Content analysis and a rating scale were used to measure the level of CSR disclosures. The results show that companies prefer annual reports to communicate voluntary CSR disclosures. In the majority of cases, CSR disclosure of companies were not compliant with the new requirements. Companies placed little emphasis on reporting about human rights and anti-corruption. This suggests that the new reporting obligation should increase the extent and quality of non-financial disclosure among Polish listed companies. View Full-Text
Keywords: non-financial information; CSR disclosure; directive 2014/95/EU; Polish public-interest entities non-financial information; CSR disclosure; directive 2014/95/EU; Polish public-interest entities
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Matuszak, Ł.; Różańska, E. CSR Disclosure in Polish-Listed Companies in the Light of Directive 2014/95/EU Requirements: Empirical Evidence. Sustainability 2017, 9, 2304.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top