Naslov
NON-FINANCIAL REPORTING IN CREATION OF AN INTEGRATED REPORTING SYSTEM

Autori
Švigir, Andreja ; Mamić Sačer, Ivana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
5th International Scientific Symposium - Economy of Eastern Croatia - Vision and Growth / Mašek Tonković, Anka - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2016, 560-569

ISBN
9-771848-955005

Skup
5th International Scientific Symposium - Economy of Eastern Croatia - Vision and Growth

Mjesto i datum
Osijek, Hrvatska, 02.06.2016. - 04.06.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
social responsibility; non-financial reporting; Global Reporting Initiative; corporate decision making; quality of business activity

Sažetak
The business world has always been a stage for various events that made a significant impact on the entire society. An uncontrolled growth of multinational companies, as well as the events on the financial markets, has pushed the capitalist system to its limits, which sadly showed that the system too often cared for the welfare of the certain influential circles only. Therefore, the public pressure and demands for the more transparent business operations of the multinational companies have grown significantly. The first conference on integrated reporting held in 2011 in Rotterdam, where in addition to the International Integrated Reporting Council, over 80 companies and 25 investors took part, indicated the need for developing the higher quality reporting systems. The Council was formed with the purpose of helping the stakeholders to make better corporate decisions based on the integrated financial and non- financial sets of reports. The mission of this Council is to create an internationally accepted framework that would inform the public on the strategy, management, results and goals of the company businesses in a clear, summarized and comparable way that should influence the quality of the corporate reporting. The rules of such form of reporting are currently being established within the Global Reporting Initiative. The aim of the Initiative is to create the rules of reporting that would inform the public about the managerial philosophy, promoted by the owners and the management, and their intention to create, in addition to financial, also a social capital. By disclosing non-financial information, the company is making an important step in informing all the stakeholders and making the management transparent and reliable. The Global Reporting Initiative offers a mature methodology that provides the preparation of the social accountability reports. The social accountability, particularly in the international business environment, is the key quality factor in business operations, not only in achieving profitability, but also in building the society as a whole.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA