Mandatory non-financial reporting in the banking industry: assessing reporting quality and determinants

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Mandatory non-financial reporting in the banking industry : assessing reporting quality and determinants. / Schröder, Philipp.

In: Cogent Business and Management, Vol. 9, No. 1, 2073628, 18.05.2022.

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@article{63297ab8e31248f282ee037156504d7c,
title = "Mandatory non-financial reporting in the banking industry: assessing reporting quality and determinants",
abstract = "European companies that are larger than a specific size have had to comply with reporting requirements on non-financial topics since 2017 under the European Union's Non-Financial Reporting Directive (2014/95/EU), thereby making non-financial reporting (NFR) mandatory. To the best of the author's knowledge, no study has examined the quality of non-financial reporting in banks' compulsory reports over several years. Therefore, the unique objective of this study is to assess the non-financial reporting quality (NFRQ) in the mandatory NFR of the 100 largest banks operating in Germany over three years, and identify reporting-level determinants (experience, format, framework, and audit) that impact NFRQ. A novel framework is developed to measure NFRQ, and different statistical analyses are used to test hypotheses. This study provides notable results: (1) NFRQ in banks' mandatory reporting is below average despite displaying significant positive development over the years; and (2) banks' NFRQ is significantly impacted by three reporting-level determinants (experience, format, and framework). Additionally, this study highlights meaningful implications for theory, practice, and policy on the future of mandatory NFR in the EU.",
keywords = "Management studies, Banking, Accounting, CSR, banks, directive 2014/95/EU, Germany, mandatory, Non-financial reporting, reporting quality",
author = "Philipp Schr{\"o}der",
note = "Publisher Copyright: {\textcopyright} 2022 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.",
year = "2022",
month = may,
day = "18",
doi = "10.1080/23311975.2022.2073628",
language = "English",
volume = "9",
journal = "Cogent Business and Management",
issn = "2331-1975",
publisher = "Cogent OA",
number = "1",

}

RIS

TY - JOUR

T1 - Mandatory non-financial reporting in the banking industry

T2 - assessing reporting quality and determinants

AU - Schröder, Philipp

N1 - Publisher Copyright: © 2022 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.

PY - 2022/5/18

Y1 - 2022/5/18

N2 - European companies that are larger than a specific size have had to comply with reporting requirements on non-financial topics since 2017 under the European Union's Non-Financial Reporting Directive (2014/95/EU), thereby making non-financial reporting (NFR) mandatory. To the best of the author's knowledge, no study has examined the quality of non-financial reporting in banks' compulsory reports over several years. Therefore, the unique objective of this study is to assess the non-financial reporting quality (NFRQ) in the mandatory NFR of the 100 largest banks operating in Germany over three years, and identify reporting-level determinants (experience, format, framework, and audit) that impact NFRQ. A novel framework is developed to measure NFRQ, and different statistical analyses are used to test hypotheses. This study provides notable results: (1) NFRQ in banks' mandatory reporting is below average despite displaying significant positive development over the years; and (2) banks' NFRQ is significantly impacted by three reporting-level determinants (experience, format, and framework). Additionally, this study highlights meaningful implications for theory, practice, and policy on the future of mandatory NFR in the EU.

AB - European companies that are larger than a specific size have had to comply with reporting requirements on non-financial topics since 2017 under the European Union's Non-Financial Reporting Directive (2014/95/EU), thereby making non-financial reporting (NFR) mandatory. To the best of the author's knowledge, no study has examined the quality of non-financial reporting in banks' compulsory reports over several years. Therefore, the unique objective of this study is to assess the non-financial reporting quality (NFRQ) in the mandatory NFR of the 100 largest banks operating in Germany over three years, and identify reporting-level determinants (experience, format, framework, and audit) that impact NFRQ. A novel framework is developed to measure NFRQ, and different statistical analyses are used to test hypotheses. This study provides notable results: (1) NFRQ in banks' mandatory reporting is below average despite displaying significant positive development over the years; and (2) banks' NFRQ is significantly impacted by three reporting-level determinants (experience, format, and framework). Additionally, this study highlights meaningful implications for theory, practice, and policy on the future of mandatory NFR in the EU.

KW - Management studies

KW - Banking

KW - Accounting

KW - CSR

KW - banks

KW - directive 2014/95/EU

KW - Germany

KW - mandatory

KW - Non-financial reporting

KW - reporting quality

UR - https://www.mendeley.com/catalogue/03474591-510a-3b05-8256-2327ba4bb3b1/

UR - https://www.tandfonline.com/toc/oabm20/current

UR - http://www.scopus.com/inward/record.url?scp=85130612020&partnerID=8YFLogxK

U2 - 10.1080/23311975.2022.2073628

DO - 10.1080/23311975.2022.2073628

M3 - Journal articles

VL - 9

JO - Cogent Business and Management

JF - Cogent Business and Management

SN - 2331-1975

IS - 1

M1 - 2073628

ER -