Non-financial information and their reporting—evidence of small and medium-sized enterprises and large corporations on the Czech capital market

• Main Authors: Jaroslav Sedláček, Veronika Popelková
• Format: Article
• Language: English
• Published: AIMS Press 2020-08-01
• Series: National Accounting Review
• Subjects: non-financial information; corporate social responsibility; corporate annual report; environmental; social and governance reporting; global reporting initiative
• Online Access: https://www.aimspress.com/article/10.3934/NAR.2020012/fulltext.html

This article analyzes the impact of mandatory disclosure of non-financial information in the financial statements of business corporations. The research method is regression and correlation analysis and statistical testing of hypotheses. The sample for empirical research is compiled from the accounting statements of all corporations traded on the Czech capital market in the period from 2013 to 2018 and contain 264 reports. The results of the research confirmed the growing trend of publishing non-financial information and at the same time a significant share of large corporations compared to small and medium-sized enterprises (SMEs). The positive result of the research testifies about the following of global trends in the reporting of non-financial information by corporations on the Czech capital market, but despite the efforts of regulators, significant differences in the quantity and quality of reports were confirmed.