Impact of the Non-Financial Reporting Directive on the Energy Industry: Case of the Czech Republic
Impact of the Non-Financial Reporting Directive on the Energy Industry: Case of the Czech Republic
Author(s): Hana Bohušová, Patrik Svoboda, Veronika Linhartová, Renata SkýpalováSubject(s): Business Economy / Management, Energy and Environmental Studies, Public Finances, Accounting - Business Administration, Business Ethics, Socio-Economic Research
Published by: Vysoká škola ekonomická v Praze - Fakulta podnikohospodářská
Keywords: Non-financial reporting; environment; corporate social responsibility; energy industry; textual analysis;
Summary/Abstract: This study assesses the quality and quantity of non-financial disclosures required by Directive 2014/95/EU for Czech energy companies before and after the introduction of mandatory non-financial reporting for large publicly traded companies. Quantitative research analyzed non-financial information from annual and sustainability reports (2015-2021). IRAMUTEQ software was used for textual analysis to evaluate the quality of reporting based on report length and word frequency. A paired t-test confirmed that companies required to report non-financial information in 2017 increased disclosures in areas with the strongest environmental impact. The study concludes that companies should provide transparent information on environmental impact and stakeholder engagement, highlighting the importance of non-financial reporting.
Journal: Central European Business Review
- Issue Year: 14/2025
- Issue No: 1
- Page Range: 1-18
- Page Count: 18
- Language: English
