IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-030-99873-8_21.html
   My bibliography  Save this book chapter

Financial Highlights on Corporate Websites: Empirical Evidence from Poland

In: Regulation of Finance and Accounting

Author

Listed:
  • Marek Masztalerz

    (Poznan University of Economics and Business)

Abstract

The main purpose of this paper is to identify the scope of the voluntary disclosures of the financial highlights (FH) on the websites of public companies in Poland. All the companies listed on the Warsaw Stock Exchange (excluding banks and financial institutions) and reporting FH on their websites were analyzed. The content of the FH sections of the websites of 225 selected companies was analyzed in order to identify the scope of the FH disclosure and to assess the frequency of the reported measures: the absolute numbers (figures from financial statements) and relative indicators (profitability, liquidity, activity, leverage, and capital market ratios). As a result of the conducted research, it was found that nearly three quarters of the companies listed on the WSE present FH on their website. However, companies make different choices regarding their selected financial measures. Almost all of the surveyed companies present absolute numbers (mostly from the profit and loss statement), and only 72% enhance their FH with relative financial ratios (mostly profitability and capital market ratios). Unfortunately, only a quarter of the companies reporting relative ratios present calculation formulas.

Suggested Citation

  • Marek Masztalerz, 2022. "Financial Highlights on Corporate Websites: Empirical Evidence from Poland," Springer Proceedings in Business and Economics, in: David Procházka (ed.), Regulation of Finance and Accounting, chapter 0, pages 261-271, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-99873-8_21
    DOI: 10.1007/978-3-030-99873-8_21
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:prbchp:978-3-030-99873-8_21. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.