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The Road to Transposing the Non-Financial Reporting EU Directive within the Romanian Context – The 2013-2020 Period

Author

Listed:
  • Adriana TIRON-TUDOR

    (Babeş-Bolyai University, Cluj-Napoca)

  • Teodora Viorica FĂRCAŞ

    (Babeş-Bolyai University, Cluj-Napoca)

  • Ioana DRAGU

    (Babeş-Bolyai University, Cluj-Napoca)

  • Ecaterina Monica MOISE

    (Babeş-Bolyai University, Cluj-Napoca)

Abstract

Starting with 2016, the non-financial reporting became mandatory for certain types of entities in the European context due to the introduction of the Directive 2014/95/EU, and the Directive has been transposed in the Romanian context, a country without a CSR reporting tradition. This paper aims to discuss the main concerns at European and national level regarding the effectiveness of this form of regulation. To achieve this aim, we enrol in extensive research using the framework of neo-institutional normative theory and the qualitative methodology based on a literature review of academic debates and documentary analysis of the transposition process, highlighting the harmonization of the Romanian regulation to the EU Directive. Therefore, the contribution of this paper is to reveal the transposition’s outcome in the context of the economic-, government- and society-related factors in Romania, taking into consideration the historical, cultural, economic and political local contexts.

Suggested Citation

  • Adriana TIRON-TUDOR & Teodora Viorica FĂRCAŞ & Ioana DRAGU & Ecaterina Monica MOISE, 2020. "The Road to Transposing the Non-Financial Reporting EU Directive within the Romanian Context – The 2013-2020 Period," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 1(6), pages 63-72, June.
    • Handle: RePEc:ahd:journl:v:1:y:2020:i:6:p:63-72
    DOI: 10.37945/cbr.2020.06.08
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    References listed on IDEAS

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    More about this item

    Keywords

    Directive 2014/95/EU; non-financial reporting; Romania; voluntary/mandatory disclosure; NFRD;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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