Journal of Applied Accounting Research: Volume 23 Issue 1

Guest editorial Rethinking non-financial reporting in Europe: challenges and opportunities in revising Directive 2014/95/EU

Andrea Venturelli, Marco Fasan, Simone Pizzi

Double materiality and the shift from non-financial to European sustainability reporting: review, outlook and implications

Josef Baumüller, Karina Sopp

This paper outlines the development of the principle of materiality in the European accounting framework, from the Modernization Directive (2003/51/EC) to the NFI Directive…

Financial analysts' reaction to voluntary integrated reporting: cross-sectional variation in institutional enforcement contexts

Francesca Rossignoli, Riccardo Stacchezzini, Alessandro Lai

European countries are likely to increasingly adopt integrated reporting (IR) voluntarily, after the 2014/95/EU Directive is revised and other initiatives are implemented…

From voluntarism to regulation: effects of Directive 2014/95/EU on sustainability reporting in the EU

Philipp Ottenstein, Saskia Erben, Sébastien Jost, Carl William Weuster, Henning Zülch

The aim of this paper is to examine the effects of the European Non-financial Reporting Directive (2014/95/EU) on firms' sustainability reporting practices, especially reporting…

How cultural dimensions are shaping social expectations: the case of European state-owned enterprises' nonfinancial reporting

Gianluca Zanellato, Adriana Tiron-Tudor

The purpose of the research is to shed light on how the mandatory regulation on nonfinancial information has changed European state-owned enterprises' (SOEs) disclosure levels. In…

Integrated reporting quality and cost of debt financing

Nicola Raimo, Alessandra Caragnano, Massimo Mariani, Filippo Vitolla

In recent years, policymakers have increasingly pushed firms to disclose non-financial information. In Europe, integrated reporting (IR) is an increasingly adopted tool to fully…

Non-financial key performance indicators: what determines the differences in the quality and quantity of the disclosures?

Ewelina Zarzycka, Joanna Krasodomska

The paper aims to examine if corporate characteristics, general contextual factors and the internal context differentiate the quality and quantity of the disclosed non-financial…

Performance and (non) mandatory disclosure: the moderating role of the Directive 2014/95/EU

Sebastiano Cupertino, Gianluca Vitale, Pasquale Ruggiero

This paper investigates whether and how Directive 2014/95/EU affects financial performance as well as its moderation effect on the relationship between financial and non-financial…

Promoting sustainability assurance missions in the European Directive regulatory context

Claire Gillet-Monjarret

The objective of sustainability assurance (SA) is to give credibility to nonfinancial information (Cheng et al., 2015). In France, certain companies are subject by regulation to…

Revising the Non-Financial Reporting Directive and the role of board of directors: a lost opportunity?

Simona Cosma, Rossella Leopizzi, Lorenzo Nobile, Paola Schwizer

The purpose of this paper is to shed light an important limit of the Non-Financial Reporting Directive (NFRD) in pursuit of its substantial purpose, which is to achieve…

Sustainable corporate governance and non-financial disclosure in Europe: does the gender diversity matter?

Giuseppe Nicolò, Giovanni Zampone, Giuseppe Sannino, Serena De Iorio

Recent regulatory changes in Europe have promoted non-financial reporting practices (e.g., Directive, 2014/95/EU) and gender diversity in decision-making positions. Special…

The climate-related information in the changing EU directive on non-financial reporting and disclosure: first evidence by Italian large companies

Rosa Lombardi, Federico Schimperna, Paola Paoloni, Michele Galeotti

This paper investigates the quality and quantity of climate-related information disclosed by public interest entities (PIEs) in the non-financial disclosure scenario. Thus, this…

The multi-faceted dimensions for the disclosure quality of non-financial information in revising directive 2014/95/EU

Simona Fiandrino, Melchior Gromis di Trana, Alberto Tonelli, Antonella Lucchese

The aim of this paper is to provide the state of the art in the academic and professional debate on the disclosure quality of NFI. This analysis is driven by the need to feature…

The non-financial reporting practices of Hungarian listed public interest entities considering the 2014/95/EU Directive

Edit Lippai-Makra, Zsuzsanna Ilona Kovács, Gábor Dávid Kiss

This paper aims to investigate the non-financial reporting (NFR) practices of Hungarian listed public interest entities for 2016–2018 in terms of the required disclosure content…