CSR disclosure in Polish-listed companies in the light of directive 2014/95/EU requirements: Empirical evidence

Łukasz Matuszak , Ewa Różańska


On 15 December 2016, new non-financial reporting requirements were implemented in the Polish Accounting Act (PAA) which would be enforced from 1 January 2017. This act resulted from the transposition of Directive 2014/95/EU. New requirements oblige certain groups of entities to disclose non-financial information on environmental, social and employee-related matters, respect for human rights, anti-corruption and bribery matters. The purpose of this paper is two-fold. Firstly, this study analyses the new non-financial reporting requirements implemented in PAA, which were created from the transposition of the Directive. Secondly, this study investigates the current extent and quality of corporate social responsibility (CSR) reporting in companies listed on the Warsaw Stock Exchange (WSE) and their compliance with the new requirements. The sample comprises 150 selected listed companies on the WSE. The data were collected from annual reports, separate CSR reports, and companies’ websites. Content analysis and a rating scale were used to measure the level of CSR disclosures. The results show that companies prefer annual reports to communicate voluntary CSR disclosures. In the majority of cases, CSR disclosure of companies were not compliant with the new requirements. Companies placed little emphasis on reporting about human rights and anti-corruption. This suggests that the new reporting obligation should increase the extent and quality of non-financial disclosure among Polish listed companies
Author Łukasz Matuszak (WZ / KR)
Łukasz Matuszak,,
- Department of Accounting
, Ewa Różańska (WZ / KR)
Ewa Różańska,,
- Department of Accounting
Journal seriesSustainability, ISSN 2071-1050, (A 20 pkt)
Issue year2017
Publication size in sheets0.85
Keywords in Englishnon-financial information, CSR disclosure, directive 2014/95/EU, Polish public-interest entities
ASJC Classification3305 Geography, Planning and Development; 2105 Renewable Energy, Sustainability and the Environment; 2308 Management, Monitoring, Policy and Law
URL http://www.mdpi.com/2071-1050/9/12/2304
Languageen angielski
Score (nominal)20
Score sourcejournalList
ScoreMinisterial score = 20.0, 24-03-2020, ArticleFromJournal
Publication indicators WoS Citations = 13; Scopus SNIP (Source Normalised Impact per Paper): 2016 = 0.911; WoS Impact Factor: 2017 = 2.075 (2) - 2017=2.177 (5)
Citation count*61 (2020-09-19)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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