Stakeholder theory and reporting information The case of performance prism

• Main Author: Bartłomiej Nita
• Format: Article
• Language: English
• Published: Rada Naukowa SKwP 2016-07-01
• Series: Zeszyty Teoretyczne Rachunkowości
• Subjects: Teoria interesariuszy; dokonania przedsiębiorstwa; sprawozdawczość zintegrowana; performance prism; stakeholder theory; corporate performance
• Online Access: http://ztr.skwp.pl/gicid/01.3001.0009.2863

The aim of the paper is to explain the stakeholder theory in the context of performance measurement in integrated reporting. Main research methods used in the article include logical reasoning, critical analysis of academic literature, and observation. The principal result of the discussion is included in the statement that the stakeholder theory in the field of accounting is reflected in the so-called integrated reporting. Moreover, among the large variety of performance measurement methods, such as balanced scorecard and others, the concept of performance prism can be considered as the only method that fully takes into account the wide range of stakeholders. The analysis performed leads to the conclusion that development in accounting research takes into account the objectives of an organization in the context of the so-called corporate social responsibility as well as performance reporting oriented towards the communication of the company with its environment and the various stakeholder groups.