NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA
Subsequent to the Directive 2014/95/EU (EUDNFI) and Croatian Accounting Act (CAA), available non-financial information disclosed by Croatian hospitality companies in non-financial (sustainability) reports were analysed for their breadth and quality using the content analysis method The results of p...
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| Format: | Article |
| Language: | English |
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Nicolaus Copernicus University in Toruń
2018-03-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/CJFA/article/view/16358 |
| _version_ | 1797727545868681216 |
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| author | Milena Peršić Lahorka Halmi |
| author_facet | Milena Peršić Lahorka Halmi |
| author_sort | Milena Peršić |
| collection | DOAJ |
| description |
Subsequent to the Directive 2014/95/EU (EUDNFI) and Croatian Accounting Act (CAA), available non-financial information disclosed by Croatian hospitality companies in non-financial (sustainability) reports were analysed for their breadth and quality using the content analysis method The results of preliminary research of hospitality industry were used in order to explore the specifics of non-financial reporting in the hospitality industry, using case study method. Results reveal the highest scores among the quality principles is timeliness, among areas are environment, labour practice, and community/society, and an overall score to be 7.67 (out of 30). The lowest scores of quality principles were reliability and comparability, whereas areas were product and human rights. The results point to a need for establishing a framework for disclosing non-financial information in reports to make them useful to internal and external users. Therefore, relevant opinions of experts, bodies and associations, such as CSR Europe, International Integrated Reporting Council, GRI’s Corporate Leadership Group, will be considered in creating a model, with a particular emphasis on the globally accepted sustainability accounting standards.
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| first_indexed | 2024-03-12T11:01:18Z |
| format | Article |
| id | doaj.art-35379a89728248a2a33077b35d3ce87c |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T11:01:18Z |
| publishDate | 2018-03-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-35379a89728248a2a33077b35d3ce87c2023-09-02T05:33:03ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652018-03-0163NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIAMilena Peršić0Lahorka Halmi1University of RijekaKarlovac University of Applied Sciences Subsequent to the Directive 2014/95/EU (EUDNFI) and Croatian Accounting Act (CAA), available non-financial information disclosed by Croatian hospitality companies in non-financial (sustainability) reports were analysed for their breadth and quality using the content analysis method The results of preliminary research of hospitality industry were used in order to explore the specifics of non-financial reporting in the hospitality industry, using case study method. Results reveal the highest scores among the quality principles is timeliness, among areas are environment, labour practice, and community/society, and an overall score to be 7.67 (out of 30). The lowest scores of quality principles were reliability and comparability, whereas areas were product and human rights. The results point to a need for establishing a framework for disclosing non-financial information in reports to make them useful to internal and external users. Therefore, relevant opinions of experts, bodies and associations, such as CSR Europe, International Integrated Reporting Council, GRI’s Corporate Leadership Group, will be considered in creating a model, with a particular emphasis on the globally accepted sustainability accounting standards. https://apcz.umk.pl/CJFA/article/view/16358Directive 2014/95/EUnon-financial informationsustainabilityintegrated reportinghospitality industryCroatia |
| spellingShingle | Milena Peršić Lahorka Halmi NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA Copernican Journal of Finance & Accounting Directive 2014/95/EU non-financial information sustainability integrated reporting hospitality industry Croatia |
| title | NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA |
| title_full | NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA |
| title_fullStr | NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA |
| title_full_unstemmed | NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA |
| title_short | NON-FINANCIAL INFORMATION AND INTEGRATED REPORTING IN THE HOSPITALITY INDUSTRY: CASE STUDY OF CROATIA |
| title_sort | non financial information and integrated reporting in the hospitality industry case study of croatia |
| topic | Directive 2014/95/EU non-financial information sustainability integrated reporting hospitality industry Croatia |
| url | https://apcz.umk.pl/CJFA/article/view/16358 |
| work_keys_str_mv | AT milenapersic nonfinancialinformationandintegratedreportinginthehospitalityindustrycasestudyofcroatia AT lahorkahalmi nonfinancialinformationandintegratedreportinginthehospitalityindustrycasestudyofcroatia |