Acta Univ. Agric. Silvic. Mendelianae Brun. 2020, 68, 625-636

https://doi.org/10.11118/actaun202068030625
Published online 2020-07-01

Non-Financial Reporting of Industrial Corporations – A Czech Case Study

Jaroslav Sedláček

Department of Finance, Faculty of Economics and Administration, Masaryk University in Brno, Lipová 41a, 602 00 Brno, Czech Republic

Received February 23, 2020
Accepted May 22, 2020

References

1. AGUILAR, F. J. 1967. Scanning the Business Environment. USA: Macmillan.
2. ARVIDSSON, S. 2011. Disclosure of non-financial information in the annual report: A management-team perspective. J. Intellect. Cap., 12(2): 277–300. <https://doi.org/10.1108/14691931111123421>
3. BISNODE. 2019. Přes 400 tisíc firem nezveřejnilo finanční výkazy. Podnikatel.cz. [Online]. Available at: https://www.podnikatel.cz/clanky/pres-400-tisic-firem-nezverejnilo-financni-vykazy-ministerstvo-planuje-zmeny/ [Accessed: 2019, September 20].
4. BLAŽEK, L. 2001. Research of business success factors. In: Ekonomika firiem: Proceedings of the International Conference. Part 1. Košice, Slovak Republic: Faculty of Business Administration, pp. 48–53.
5. BLOMBACK, A. and WIGREN, C. 2009. Challenging the importance of size as determinant for CSR activities. Management of Environmental Quality: An International Journal, 20(3): 255–270. <https://doi.org/10.1108/14777830910950658>
6. BOHUŠOVÁ, H. 2011. General Approach to the IFRS and US GAAP Convergence. Acta Univ. Agric. Silvic. Mendelianae Brun., 59(4): 27–36. <https://doi.org/10.11118/actaun201159040027>
7. BOUTIN-DUFRESNE, F. and SAVARIA, P. 2004. Corporate Social Responsibility and Financial Risk. Journal of Investing, 13(1): 57–66. <https://doi.org/10.3905/joi.2004.391042>
8. CAPRA, F. 1998. Uncommon Wisdom: Conversations with Remarkable People. California: S & S Publishing Inc.
9. CAVACO, S. and CRIFO, P. 2014. CSR and financial performance: Complementarity between environmental, social and business behaviors. Appl. Econ., 46(2): 3323–3338. <https://doi.org/10.1080/00036846.2014.927572>
10. CAVALERI, S. and SHABAMA, K. 2018. Rethinking sustainability strategies. Journal of Strategy and Management, 11(1): 2–17. <https://doi.org/10.1108/JSMA-08-2016-0050>
11. CSO. Statistická ročenka ČR 2019. ČSO. [Online]. Available at: https://www.czso.cz/csu/czso/15-prumysl-opbl4y3bej [Accessed: 2019, October 29].
12. CZ-NACE. 2019. Klasifikace ekonomických činností. ČSO. [Online]. Available at: https://www.czso.cz/csu/czso/klasifikace_ekonomickych_cinnosti_cz_nace [Accessed: 2019, October 29].
13. DARNALL, N., HENRIQUES, I. and SADORSKY, P. 2010. Adopting proactive environmental strategy: the influence of stakeholders and firm size. Journal of Management Studies, 47(6): 1072–1094. <https://doi.org/10.1111/j.1467-6486.2009.00873.x>
14. DELOITTE. 2018. Global Human Capital Trends. Deloitte. [Online]. Available at: https://www2.deloitte.com/au/en/pages/human-capital/articles/human-capital-trends.html [Accessed: 2019, September 30].
15. DOBROVIČ, J. and TIMKOVÁ, V. 2017. Examination of factors affecting the implementation of organizational changes. Journal of Competitiveness, 9(4): 5–17. <https://doi.org/10.7441/joc.2017.04.01>
16. DRAKE, P. P. and FABOZZI, F. J. 2012. Analysis of Financial Statements. New Jersey: John Wiley & Sons, Inc.
17. EC. 2015. Non-Financial Reporting. European Commission. [Online]. Available at: https://ec.europa.eu/info/businesseconomy-euro/company-reporting-and-auditing/company-reporting/non-financial-reporting_en [Accessed: 2019, October 27].
18. EC. 2017. Commission Guidelines on Non-Financial Reporting (Methodology for Reporting Non-Financial Information 2017/C 215/01). European Commission. [Online]. Available at: https://ec.europa.eu/info/publications/ 170626-non-financial-reporting-guidelines_en [Accessed: 2019, October 31].
19. EY. 2016. The Road to Reliable Non-Financial Reporting. Report. Available at: https://www.slideshare.net/turloughguerin(eys-report-the-road-to-reliable-nonfinancial-reporting-2016 [Accessed: 2020, January 8].
20. FREEMAN, R. E. 2010. Strategic Management: A Stakeholder Approach. USA: Cambridge University Press.
21. GONZALES-RAMOS, M. I., DONATE, M. J. and GUADANILLAS, F. 2018. The Effect of Technological Posture and Corporate Social Responsibility on Financial Performance Through Corporate Reputation. International Journal of Innovation, 6(2): 164–179. <https://doi.org/10.5585/iji.v6i2.244>
22. GRI. 2018. GRI standards Download center. GRI. [Online]. Available at: https://www.globalreporting.org/standards/gri-standards-download-center/ [Accessed: 2019, September 22].
23. HAYAT, U. and ORSAGH, M. 2015. Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals. USA: CFA Institute.
24. HULL, C. E. and ROTHENBERG, S. 2008. Firm performance: The interactions of corporate social performance with innovation and industry differentiation. Strategic Management Journal, 29(7): 781–789. <https://doi.org/10.1002/smj.675>
25. IOANNOU, I. and SERAFEIM, G. 2017. The Consequences of Mandatory Corporate Sustainability Reporting. HBS Working Paper Series 11-100. HBS.
26. JENKINS, H. M. 2006. Small Business Champions for Corporate Social Responsibility. Journal of Business Ethics, 67(3): 241–256. <https://doi.org/10.1007/s10551-006-9182-6>
27. KAPLAN, R. S. and NORTON, D. P. 1996. The Balanced Scorecard: Translating Strategy into Action. USA: Harvard Business Publishing.
28. KAŠPAROVÁ, K. and ŠKAPA, R. 2008. Insight into Corporate Social Responsibility practices of Czech companies. Journal of Global Strategic Management, 2(3): 47–57. <https://doi.org/10.20460/JGSM.2008218499>
29. KPMG. 2017. The road ahead. KPMG. [Online]. Available at: https://assets.kpmg/content/dam/kpmg/xx/pdf/2017/10/kpmg-survey-of-corporate-responsibility-reportin [Accessed: 20120 January 5].
30. KULDOVÁ, L. 2012. Nový pohled na společenskou odpovědnost firem – strategická CSR. Czech Republic: NAVA.
31. MALÍKOVÁ, O., BRABEC, Z. and ROZKOVEC, J. 2018. Financial reporting of intangible assets – evidence on information and communication companies in the Czech Republic. Journal of International Studies, 11(2): 327–340. <https://doi.org/10.14254/2071-8330.2018/11-2/22>
32. MARREWIJK, M. 2003. Concepts and Definitions of CSR and Corporate Sustainability: Between Agency and Communion. Journal of Business Ethics, 44(2): 95–105. <https://doi.org/10.1023/A:1023331212247>
33. MINISTRY OF FINANCE OF THE CZECH REPUBLIC. 2016. ACT No. 426/2016 Coll., amending Act No. 563/1991 Coll. on Accounting. Ministry of Finance of the Czech Republic.
34. MYŠKOVÁ, R. and HÁJEK, P. 2019. Relationship between corporate social responsibility in corporate annual reports and financial performance of the US companies. Journal of International Studies, 12(1): 269–282. <https://doi.org/10.14254/2071-8330.2019/12-1/18>
35. OTAVOVÁ, M. and GLÁSEROVÁ, J. 2017. The Impact of Changes in Accounting Regulations on Agricultural Entities and Their Business Accounts Since 2016. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 65(2): 689–697. <https://doi.org/10.11118/actaun201765020689>
36. PETERS, J. P. and WATERMAN, R. H. JR. 2004. In search of excellence. USA: Harper Collins Publishers, Inc.
37. PORTER, M. E. 2008. The Five Competitive Forces that Shape Strategy. Harvard Business Review, 88(1): 78–93.
38. SEDLÁČEK, J. 1999. Účetní data v rukou manažera-finanční analýza v řízení firmy. Czech Republic: Computer Press.
39. SCHUMACHER, E. F. 1993. Small is Beautiful. A Study of Economics as if People Mattered. London, GB: Vintage.
40. STURDIVANT, F. D. and GINTER, J. L. 1997. Corporate social responsiveness: Management attitudes and economic performance. California Management Review, 19(3): 30–39. <https://doi.org/10.2307/41164709>
41. ŠMAJS, J. 2012. Ekonomika a příroda. (From the October 2012 Issue). Slovo. [Online]. Available at: https://noveslovo.sk/node/55557 [Accessed: 2019, December 12].
42. WORLD COMMISSION ON ENVIRONMENT AND DEVELOPMENT. 1983. Our Common Future. Report. Available at: https://sustainabledevelopment.un.org/content/documents/5987our-common-future.pdf [Accessed: 2019, November 14].
43. TURKER, D. 2008. Measuring Corporate Social Responsibility: A Scale Development Study. Journal of Business Ethics, 85(4): 411–427. <https://doi.org/10.1007/s10551-008-9780-6>
44. UNITED NATIONS. 2015. Transforming our world: the 2030 Agenda for Sustainable Development. UN Resolution 70/1. 2015. Available at: https://www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E [Accessed: 2019, November 9].
45. WADDOCK, S. A., BODWELL, C. and GRAVES, S. B. 2002. Responsibility: The new business imperative. Academy of management perspectives, 16(2): 132–148. <https://doi.org/10.5465/ame.2002.7173581>
46. WANG, H. and CHOI, J. A. 2010. New Look at the Corporate Social–Financial Performance Relationship: The Moderating Roles of Temporal and Interdomain Consistency in Corporate Social Performance. Journal of Management, 39(2): 416–441. <https://doi.org/10.1177/0149206310375850>
47. WOLF, J. 2014. The relationship between sustainable supply chain management, stakeholder pressure, and corporate sustainability performance. Journal of Business Ethics, 119(3): 317–328. <https://doi.org/10.1007/s10551-012-1603-0>
front cover

ISSN 1211-8516 (Print)

ISSN 2464-8310 (Online)

Current issue

Review Management System NEW Indexed in DOAJ

Archive