engleski

Do Croatian companies recognize benefits of integrated reporting?

Timely access to information and business transparency make the foundation for business success. All companies, regardless of their size, present their financial position and financial performance throughout the financial statements. As the financial information is not the only relevant factor of business value creation, presentation of non-financial information brings added value for different stakeholders. To make informed decisions, it is important to know all the relevant information contained in an integrated report that includes both financial and other non-financial information. For the purpose of more transparent business operations and international comparability of the presented data, it is especially important for these reports to be compiled according to internationally agreed rules. Research shows that there are many advantages of informing the public about their economic, environmental and social impacts. Therefore, the paper seeks to investigate whether Croatian companies recognize the benefits of integrated reporting. The aim of the paper is to identify whether and to what extent largest companies in Croatia present the information regarding their intellectual capital, principle customers, business partners, environmental considerations, future plans, investments, market conditions, and further expectations of business development. Based on the research results, suggestions for improvement of the non-financial reporting in Croatia have been given.

integrated reporting, sustainability, benefits, stakeholders, Croatian companies

nije evidentirano