IDEAS home Printed from https://ideas.repec.org/a/brc/journl/v45y2019i3p88-95.html
   My bibliography  Save this article

Challenges Regarding The Non-Financial Reporting In The Global Context

Author

Listed:
  • GetuÈ›a David (RoÈ™oga)

    (PhD Student, School of Advanced Studies of the Romanian Academy (SCOSAAR), Romanian Academy, coordinator prof. univ. dr. Gheorghe Zaman, McAR)

  • Paula Munteanu

    (PhD Student, School of Advanced Studies of the Romanian Academy (SCOSAAR), Romanian Academy, coordinator prof. univ. dr. Dorin Jula)

Abstract

During the last years UE acknowledged the increasing role of corporate social responsibility. In this regard, in the accounting field, it was required the disclosure of non-financial information by the undertakings that are within the scope of the Directive 2014/95/EU for the financial year starting on 1 January 2017 or during the calendar year 2017. This allows managing change towards a sustainable global economy by combining long-term profitability with social justice and environmental protection. Also this contributes to meet the needs of investors and other stakeholders as well as the need to provide consumers with easy access to information on the impact of businesses on society. The paper aims to present a dynamic analysis of the european legislation in the field, since 2014 to date, by underlining the role of non-binding guidelines issued by the European Commission in facilitating relevant, useful and comparable disclosure of non-financial information by undertakings.

Suggested Citation

  • GetuÈ›a David (RoÈ™oga) & Paula Munteanu, 2019. "Challenges Regarding The Non-Financial Reporting In The Global Context," Management Strategies Journal, Constantin Brancoveanu University, vol. 45(3), pages 88-95.
    • Handle: RePEc:brc:journl:v:45:y:2019:i:3:p:88-95
    as

    Download full text from publisher

    File URL: http://www.strategiimanageriale.ro/papers/190314.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    sustainable global economy; non-financial information; methodology and performance indicators for reporting; non-financial statement; key principles for reporting;
    All these keywords.

    JEL classification:

    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:journl:v:45:y:2019:i:3:p:88-95. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan MICUDA (email available below). General contact details of provider: http://www.univcb.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.