Sustainability reporting of listed companies on the Belgrade stock exchange

Knežević, Goranka; Mijoković, Mirjana

doi:10.15308/finiz-2017-30-35

Cited by 2 publications

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Table 1. The scale used in the research 0 No information 1 Only one sentence 2 Only two sentences 3 Brief introduction (more than 2 sentences) with a very little information 4 Text with plenty of details on the subject 5 Text completely devoted to the subject When the home webpage and additional documents do not contain the text on CSR, the value 0 is assigned (Knežević & Mijoković, 2017). In other cases, if one or two sentences are written and explained to some extent, the values range from 2-4.…”

Section: Methodsmentioning

confidence: 99%

Analysing the Link Between CSR Reporting and Financial Performance Variables of Belgrade Stock Exchange Companies

Mijoković

Knežević

Mizdraković

2021

TEME

Self Cite

View full text Add to dashboard Cite

Corporate Social Responsibility (CSR) reporting has been subject of various discussions of academicians and accounting practitioners. Although the importance of CRS reporting is not under question, the quality of disclosed non-financial information is still under review. In the light of the new Serbian Law on Accounting (Official Gazette of the Republic of Serbia 73/2019) and EU Directive 2014/95 requirements regarding non-financial information, this article investigates the state of non-financial reporting development in Serbian companies in the pre-EU Directive period in order to give suggestions to policymakers how to establish and structure the implementation of the EU Directive and expected challenges on this path. The current state of development of non-financial activities is measured by using content analysis and by creating a non-financial reporting index, namely the CSR index for the Serbian companies listed at Belgrade Stock Exchange. CSR index has been corelated with accounting variables (size of the company, auditor type (non/Big 4), revenue and financial results) in order to get deeper understanding of its value drivers. Serbian companies, listed as large, audited by Big 4 and with better financial performance variables, are companies with the higher value of the CSR index and have a higher quality of non -financial reporting. Big companies can serve as a benchmark for the rest of the companies in the economy, but also those companies will have fewer challenges in the EU non-financial Directive implementation in the post-Directive period. Therefore, Serbian policymakers should focus their attention and implementation procedures on the rest of the economy struggling with the non-financial reporting.

show abstract

Section: Methodsmentioning

confidence: 99%

Analysing the Link Between CSR Reporting and Financial Performance Variables of Belgrade Stock Exchange Companies

Mijoković

Knežević

Mizdraković

2021

TEME

Self Cite

View full text Add to dashboard Cite

show abstract

Corporate social responsibility and sustainable development: International legal framework for goals achievement and some theoretical insights

Mijatović¹,

Uzelac²,

Stoiljković³

2023

Pravo - teorija i praksa

View full text Add to dashboard Cite

Achieving a sustainable development should be one of the top priorities for the whole society. However, achieving a sustainable development is a complex function of different economic, social, institutional, political and historical factors. By implementing the corporate social responsibility, companies contribute to a sustainable development of the entire social system. According to the fact that it is not entirely clear at the micro level what corporate social responsibility involves, and that most of the company-level social activities are voluntarily initiated, it is necessary the institutional bodies encourage socially desirable forms of corporate behavior and implement the legal framework to business obligations to elicit responsible business procedures. Though responsible corporate business is highly desirable, companies have to consider the fact that the corporate interests and corporate social responsibility will always be constrained by the profit-maximizing prerequisites and general economic circumstances.

show abstract

Sustainability reporting of listed companies on the Belgrade stock exchange

Cited by 2 publications

References 0 publications

Analysing the Link Between CSR Reporting and Financial Performance Variables of Belgrade Stock Exchange Companies

Analysing the Link Between CSR Reporting and Financial Performance Variables of Belgrade Stock Exchange Companies

Corporate social responsibility and sustainable development: International legal framework for goals achievement and some theoretical insights

Contact Info

Product

Resources

About