Abstract
With our research we have confirmed that the understanding and awareness of SR is growing in the Central and Eastern European (CEE) regions. However, there is still much room for improvement as reports and reporting processes are unevenly distributed and vary significantly.
With the EU directive 2014/95 coming into force, a significant step has been taken politically to reduce disparities. We can expect to see more European companies than ever reporting in 2017. The directive is seen as a welcome step in the right direction to force companies to report about their economic and social impact. The directive may lead to more transparency especially in parts of the CEE region where reporting is not widely distributed. However, there is also a risk that with the exception of distribution everything will continue in the same old way regarding the quality of the information disclosed. The last chapter describes which challenges and development may affect CEE companies.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Cahan, S. F., De Villiers, C., Jeter, D. C., Naiker, V., & Van Staden, C. J. (2015). Are CSR disclosures value relevant? Cross-country evidence. European Accounting Review (pp. 1–33).
Dimante, D., & Alksne, A. (2017). Sustainability reporting in Latvia: Management views. In P. Horváth & J. M. Pütter (Eds.), Sustainability reporting in Central and Eastern European companies. Heidelberg: Springer.
Dyczkowska, J., Krasodomska, J., & Michalak, J. (2016). CSR in Poland: Institutional context, legal framework and voluntary initiatives. Journal of Accounting and Management Information Systems, 15(2), 206–254.
European Commission. (2015). SBA fact sheets. Retrieved from http://ec.europa.eu/growth/smes/business-friendly-environment/performance-review_en#sba-fact-sheets
European Union (EU). (2014). Richtlinie 2014/95/EU des Europäischen Parlaments und des Rates vom 22. Oktober 2014 Retrieved from http://data.europa.eu/eli/dir/2014/95/oj website: http://data.europa.eu/eli/dir/2014/95/oj
Federation of Accountants. (2016). EU Directive on disclosure of non-financial and diversity information. Position Paper. Retrieved from http://www.fee.be/images/publications/Corporate_Reporting/FEE_position_paper_EU_NFI_Directive_final.pdf
Global Reporting Initiative, (GRI). (2014). Directive on non–financial information disclosure for large companies. Retrieved from https://www.globalreporting.org/SiteCollectionDocuments/2014/EU%20Directive%20on%20NFR.pdf
Horváth, P., Pütter, J. M., Haldma, T., Dimante, D., Dagilienė, L., Kochalski, C., et al. (2017). Sustainability reporting in Central and Eastern European companies: Results of an international and empirical study. In P. Horváth & J. M. Pütter (Eds.), Sustainability reporting in Central and Eastern European companies. Heidelberg: Springer.
KPMG. (2015). Currents of change - The KPMG survey of Corporate Responsibility Reporting 2015. Retrieved from http://www.kpmg.com/CN/en/IssuesAndInsights/ArticlesPublications/Documents/kpmg-survey-of-corporate-responsibility-reporting-2015-O-201511.pdf
Lääts, K., Gross, M., & Haldma, T. (2017). Sustainability reporting in Estonia: Patterns of sustainability information disclosure in Estonian companies. In P. Horváth & J. M. Pütter (Eds.), Sustainability reporting in Central and Eastern European companies. Heidelberg: Springer.
Pérez-López, D., Moreno-Romero, A., & Barkemeyer, R. (2015). Exploring the relationship between sustainability reporting and sustainability management practices. Business Strategy and the Environment, 24(8), 720–734.
Pütter, J. M. (2017). Impact factors on sustainability reporting. In P. Horváth & J. M. Pütter (Eds.), Sustainability reporting in Central and Eastern European companies. Heidelberg: Springer.
Pütter, J. M. (forthcoming). Nachhaltigkeitsberichterstattung in West-, Mittel- und Osteuropa: Ein Ländervergleich.
Pütter, J. M., Isensee, J., & Koch, R. (2014). Herausforderung und Bedeutung der integrierten Berichterstattung am Beispiel des Stuttgarter Flughafens. Zeitschrift Controlling, 26(8/9), 483–489.
Tirnitz, T. (2017). Sustainability reporting in Hungary: Sustainability reporting versus value reporting? In P. Horváth & J. M. Pütter (Eds.), Sustainability reporting in Central and Eastern European companies. Heidelberg: Springer.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing AG
About this chapter
Cite this chapter
Pütter, J.M. (2017). Corporate Sustainability Reporting: Summary and Conclusions. In: Horváth, P., Pütter, J. (eds) Sustainability Reporting in Central and Eastern European Companies. MIR Series in International Business. Springer, Cham. https://doi.org/10.1007/978-3-319-52578-5_14
Download citation
DOI: https://doi.org/10.1007/978-3-319-52578-5_14
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-52577-8
Online ISBN: 978-3-319-52578-5
eBook Packages: Business and ManagementBusiness and Management (R0)