A NEW DIMENSION IN ACTIVITY REPORTING AND THE PERFORMANCE OF THE ENTERPRISE – NON-FINANCIAL REPORTING

Liana Gadau

Abstract


Currently the focus is on the fact that non-financial reporting is essential for the transition to a sustainable economy which combines long-term profitability with social inclusion and protection of natural resources.

Therefore, the present requirements of the European Union institutions on reporting non-financial enterprises and large groups of enterprises require that they report to both environmental and social as well as issues regarding compliance with human rights issues on combating corruption and bribery.It aims to increase the transparency and comparability among large companies.

The merit and importance of non-financial reporting is that business goes beyond performance reporting financial size classical concept of performance thus completing two new dimensions, environmental and social.

 


 

 

 


Keywords


non-financial reporting,sustainable development, reporting models, reporting accepted standards

Full Text:

PDF

References


.CRPerspectives 2013, Global CR Reporting Trends and Stakeholder Views; CorporateRegister.com.

.European Comission (2014), Directive 2014/34/UE of the European Parliament and of the Concil,www.eurlex.europa.eu.

. Eccles, R., et al, (2011), Market interest in nonfinancial information,Journal of Applied Corporate Finance, Vol.23,Issue 4, pages 113-127.

. Eccles, R., et al, (2015), Meaning and Momentum in the Integrated Reporting Movement, Journal of Applied Corporate Finance,Vol.27, Issue 2, pag 8-17.

.G4 Sustainability Reporting Guidelines. Reporting Principles and Standard Disclosures (2014), Global Reporting Initiative.

.Integrated Reporting. The Future of Corporate Reporting; PwC, 2012.

.Kulkarni, A., R., (2014), A Review of Concept and Reporting of Non-financial Initiatives ofBusiness Organisations, Journal Procedia Economics and Finance, Elsevier, Vol. 11, pages 33-41.

. Lourenço, I., C., et al, (2012), How does the market value corporate sustainability performance? Journal of business ethics, Vol.108, Issue 4, pages 417-428.

. New Transparency Rules on Social Responsibility for Big Companies; Press Release, ST 13606/14, Brussels, 29.9.2014.

.„Tendinţe şi realităţi CSR în România”, studii realizate de Erns &Young, ediţiile 2013, 2014, 2015.

. *** www.globalreporting.org.




DOI: http://dx.doi.org/10.26458/1628

Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 Liana Gadau

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.


 

AWARDS 

WILL BE CONFERRED AT THE END OF THE YEAR

To crown and encourage research efforts of the authors, at the end of a year of publishing our journal board will award online the best papers by distinctions:

1. Best Original Paper Award -  for the paper that has brought something completely new in the reader's attention (a new concept, a new trend, a new proposal in research, etc.)

2. Excellence Award - for the most cited paper and visualized in the online environment during the year

3. First, Second and Third Award- for the best documented and substantiated papers during the year

4. Special Award - to award PhD students and postdocs for the most well documented and substantiated paper


Administred:Rocsana B. Manea Tonis

http://icourses.wix.com/itmk