Authors: Marius Ioan Mihuț
Addresses: Faculty of Economics and Business Administration, Babeş-Bolyai University, 58-60 Theodor Mihali Street, Cluj-Napoca, Romania
Abstract: The main objective of the current study is to analyse how the national introduction of Directive 2014/95/EU which obliges the listed entities on the stock exchange with a number of over 500 employees to report non-financial information on diversity and sustainability, generated changes regarding the quantity and quality of non-financial information reported by the Romanian listed entities on Bucharest Stock Exchange (BSE), categories I, II and III. As conclusions of our analyses, we find difficulties in implementing Directive 95/2014/EU within the most representative entities in Romania. Thus, we consider the non-financial reports made by the entities in Romania are lacking in transparency. From the analysed information, the most important and most reported are the narrative and descriptive non-financial information.
Keywords: Romania; companies; non-financial reporting; Directive 95/2014/EU.
International Journal of Economics and Accounting, 2021 Vol.10 No.3, pp.265 - 277
Received: 23 Sep 2019
Accepted: 01 Feb 2020
Published online: 29 Jul 2021 *