The role of the EU non-financial reporting directive and employee representation in employee-related disclosures

Samani, Niuosha; Overland, Conny; Sabelfeld, Svetlana

doi:10.1080/01559982.2022.2158773

Cited by 9 publications

(10 citation statements)

References 72 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Considering the EU Guidelines on NFI, released in 2017, and analysing the 50 biggest European companies, Manes-Rossi et al (2018) showed that after the imposition of Directive 2014/95, there is a more comprehensive disclosure of social and environmental aspects by sensitive industries, such as the oil and gas sector and healthcare organisations. Similarly, Aluchna et al (2023) showed how the introduction of Directive 2014/95 improved the environmental, social and governance performance of companies subjected to the legislation, and Samani et al (2023) highlighted a greater disclosure of employee-related matters. Carini et al (2018) analysed the impact of the Directive on European listed oil and gas companies and found that the 2014 disclosure (before the Directive) had a fair level of completeness of NFI.…”

Section: Literature Reviewmentioning

confidence: 99%

“…However, these studies mainly focus on how this Directive, along with the national laws, is put into practice. They analyse the disclosures that resulted from the imposition of the local NFD legislation and the compliance of these NFI reports with this Directive (Korca et al , 2021; Samani et al , 2023). Only a few of these studies mention the implications of the different ways of transposing the Directive across the EU Member States for the disclosure of European companies (Luque-Vilchez and Larrinaga, 2016; Aureli et al , 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

The juridification of social accounting and the transposition process of the non-financial reporting directive 2014/95/EU

Moggi

Lehman

Pagani

2023

MEDAR

View full text Add to dashboard Cite

Purpose This paper aims to critically analyse the transposition implications of Union Directive 2014/95. This Directive identified the need to raise the transparency of the social and environmental information provided by the undertakings to a similarly high level across all Member States. Design/methodology/approach The paper considers how the European Member States of the European Union (EU) have transposed Directive 2014/95 into their regulations. The focus is on the juridification of social accounting in the pursuit of creating an overlapping consensus through Habermas’s concept of internal colonisation. The paper uses qualitative content analysis to scrutinise the national laws that transpose Directive 2014/95, discussing both what has been accomplished and what can be achieved by the release of future legislative provisions. Findings Despite the aim of Directive 2014/95 to create a common language for disclosing non-financial information, this study shows an implementation gap among and between Member States and an inconsistent picture of the employment of this Directive. Its implementation in the 28 European countries was considered a process of colonisation in implementing Union directives among European undertakings. However, the implementation process, which exemplifies Habermas’s juridification, has failed due to the lack of balance between moral discourse and actions. Originality/value This paper contributes to the ongoing debates concerning the implementation of mandatory disclosure of environmental and social information in the EU Member States, promoting new directions for the EU’s democratic laws on social accounting. In addition, it offers an example of how internal colonisation only catalyses effects when moral laws are legitimised through the provision of procedures.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

The juridification of social accounting and the transposition process of the non-financial reporting directive 2014/95/EU

Moggi

Lehman

Pagani

2023

MEDAR

View full text Add to dashboard Cite

show abstract

“…This has led to criticism of the reporting requirements of the NFRD. Samani et al (2023) pointed out that the NFRD and its reporting requirements have a long way to go before they can harmonize NFR and achieve information comparability in Europe. The adoption of a flexible reporting framework (such as the GRI Standards) calls into question the ability of the NFRD to achieve the goal of harmonization and comparability of non-financial information.…”

Section: Effects On Corporate Stakeholders and Limitations Of The Imp...mentioning

confidence: 99%

Effects on corporate stakeholders and limitations of the implementation of the Non-Financial Reporting Directive (2014/95/EU)

Hao,

Dragomir,

Radu

2023

JAMIS

View full text Add to dashboard Cite

Research question: What are the effects of non-financial reporting (NFR) for companies and stakeholders? Motivation: We draw on previous research that examines the effects and limitations of the Non-Financial Reporting Directive on key stakeholders. Idea: This article investigates the increasing significance of the sustainability orientation in corporate operations, as well as the role of NFR in providing information about social, ethical, and environmental aspects of a particular organization. Additionally, the article explores the possible benefits of sustainability reporting, such as improved reputation, in addition to the company's ability to contribute to the sustainable development goals. Data and tools: This paper provides a scoping review that explores the influence of NFR on the decisions of various stakeholders, such as companies, investors, governments or regulators, accountants and auditors, employees, and the general public. The review discusses existing studies in the literature focusing on NFR and the legislative context in respect to the transition from NFR to sustainability reporting. Findings and Contribution:This article shows that Directive 2014/95/EU positively influenced the quality and transparency of the sustainability disclosure process of companies. Also, we identify various gaps in the literature, along with challenges faced by firms when reporting on non-financial information and ensuring accuracy and completeness. Based on summarized evidence from the literature, the limitations of NFR include inconsistent formats, lack of standardization, weaknesses in the reliability and comparability of information used in decision-making process, and limited assurance. Finally, our study highlights the importance of transitioning from NFR to sustainability reporting, the latter having significant effects in increasing stakeholder participation, safeguarding business reputation, boosting investor confidence and achieving the

show abstract

“…Even mandatory disclosure on human rights issues such as modern slavery has focused on compliance, with disclosure routinely failing to focus on business operations' impact on vulnerable people. Such weak legislation, and the poor responses to it, underscore the explicit problem of demanding disclosure and expecting action that Al-Dosari et al (2023) state and which Parsa et al (2023) frame as regulatory capture. Nonetheless, given the largest firms' claims to align their practices with the UNGPs, the increasing legislation on the corporate impact on human rights, and the impending convergence of those two factors in the enactment of legislation explicitly building on the UNGPs, we believe that analyzing corporate disclosure remains worthwhile if conducted critically.…”

Section: Accounting For Human Rightsmentioning

confidence: 99%

Accounting for Human Rights: Evidence of Due Diligence in Eu-Listed Firms’ Reporting

Rogerson

Scarpa²,

Snelson‐Powell

2022

SSRN Journal

View full text Add to dashboard Cite

The role of the EU non-financial reporting directive and employee representation in employee-related disclosures

Cited by 9 publications

References 72 publications

The juridification of social accounting and the transposition process of the non-financial reporting directive 2014/95/EU

The juridification of social accounting and the transposition process of the non-financial reporting directive 2014/95/EU

Effects on corporate stakeholders and limitations of the implementation of the Non-Financial Reporting Directive (2014/95/EU)

Accounting for Human Rights: Evidence of Due Diligence in Eu-Listed Firms’ Reporting

Contact Info

Product

Resources

About