Research article

Non-financial information and their reporting—evidence of small and medium-sized enterprises and large corporations on the Czech capital market

  • Received: 24 April 2020 Accepted: 10 June 2020 Published: 15 June 2020
  • JEL Codes: G32, M21, M41

  • This article analyzes the impact of mandatory disclosure of non-financial information in the financial statements of business corporations. The research method is regression and correlation analysis and statistical testing of hypotheses. The sample for empirical research is compiled from the accounting statements of all corporations traded on the Czech capital market in the period from 2013 to 2018 and contain 264 reports. The results of the research confirmed the growing trend of publishing non-financial information and at the same time a significant share of large corporations compared to small and medium-sized enterprises (SMEs). The positive result of the research testifies about the following of global trends in the reporting of non-financial information by corporations on the Czech capital market, but despite the efforts of regulators, significant differences in the quantity and quality of reports were confirmed.

    Citation: Jaroslav Sedláček, Veronika Popelková. Non-financial information and their reporting—evidence of small and medium-sized enterprises and large corporations on the Czech capital market[J]. National Accounting Review, 2020, 2(2): 204-216. doi: 10.3934/NAR.2020012

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  • This article analyzes the impact of mandatory disclosure of non-financial information in the financial statements of business corporations. The research method is regression and correlation analysis and statistical testing of hypotheses. The sample for empirical research is compiled from the accounting statements of all corporations traded on the Czech capital market in the period from 2013 to 2018 and contain 264 reports. The results of the research confirmed the growing trend of publishing non-financial information and at the same time a significant share of large corporations compared to small and medium-sized enterprises (SMEs). The positive result of the research testifies about the following of global trends in the reporting of non-financial information by corporations on the Czech capital market, but despite the efforts of regulators, significant differences in the quantity and quality of reports were confirmed.
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    © 2020 the Author(s), licensee AIMS Press. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0)
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