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Empirical Analysis of Non-Financial Reporting by Spanish Companies

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Empirical Analysis of Non-Financial Reporting by Spanish Companies

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dc.contributor.author Sierra-García, Laura es_ES
dc.contributor.author García-Benau, María Antonia es_ES
dc.contributor.author Bollas-Araya, Helena María es_ES
dc.date.accessioned 2021-06-05T03:30:21Z
dc.date.available 2021-06-05T03:30:21Z
dc.date.issued 2018-09 es_ES
dc.identifier.uri http://hdl.handle.net/10251/167395
dc.description.abstract [EN] Spain is one of the European countries that is the most strongly committed to the presentation of non-financial information. In 2017, Spain adapted its legislation to Directive 2014/95/EU through Royal Decree-Law 18/2017, which required Public Interest Entities (PIEs) to provide information in accordance with the requirements of the European Union (EU) Directive, with respect to financial years from 1 January 2017. Our research is focused on Spanish IBEX-351 listed companies and seeks to identify current trends in non-financial reporting. To our knowledge, the present paper is the first study to examine the impact made in Spain by the legislative changes. Our aim is to analyse the publication of non-financial information by Spanish listed companies whose first reports in this regard were made from early 2018. Specifically, we consider the impact of this information disclosure, determining whether the companies in question restrict themselves to meeting regulatory requirements or whether they go further and voluntarily supply additional information. Our findings show that the level of regulatory compliance produced is associated with the business sector in which the company operates. We also show that the highest rates of disclosure of non-financial information correspond to companies that provide this information in the sustainability report. es_ES
dc.description.sponsorship This research was funded by the Generalitat Valenciana, grant number AICO/2017/092. es_ES
dc.language Inglés es_ES
dc.publisher MDPI AG es_ES
dc.relation.ispartof Administrative Sciences es_ES
dc.rights Reconocimiento (by) es_ES
dc.subject Non-Financial information es_ES
dc.subject Non-Financial report es_ES
dc.subject Sustainability report es_ES
dc.subject Directive 2014 es_ES
dc.subject 95 es_ES
dc.subject EU es_ES
dc.subject.classification ECONOMIA FINANCIERA Y CONTABILIDAD es_ES
dc.title Empirical Analysis of Non-Financial Reporting by Spanish Companies es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.3390/admsci8030029 es_ES
dc.relation.projectID info:eu-repo/grantAgreement/GVA//AICO%2F2017%2F092/ es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.description.bibliographicCitation Sierra-García, L.; García-Benau, MA.; Bollas-Araya, HM. (2018). Empirical Analysis of Non-Financial Reporting by Spanish Companies. Administrative Sciences. 8(3):1-17. https://doi.org/10.3390/admsci8030029 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.3390/admsci8030029 es_ES
dc.description.upvformatpinicio 1 es_ES
dc.description.upvformatpfin 17 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 8 es_ES
dc.description.issue 3 es_ES
dc.identifier.eissn 2076-3387 es_ES
dc.relation.pasarela S\426746 es_ES
dc.contributor.funder Generalitat Valenciana es_ES
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