Open AccessDisclosure of risk areas and factors in the reports on the activities of listed companies – observations regarding changes in legal regulations
Author(s) -
Anna Karmańska,
Monika Łada
Publication year - 2019
Publication title -
zeszyty teoretyczne rachunkowości
Language(s) - English
Resource type - Journals
eISSN - 2391-677X
pISSN - 1641-4381
DOI - 10.5604/01.3001.0013.3074
Subject(s) - scope (computer science) , accounting , business , empirical research , narrative , actuarial science , philosophy , linguistics , epistemology , computer science , programming language
The aim of the paper is to present the results of empirical research on the changes in the scope of riskdisclosures, expected in the year 2017 as a result of significant changes in accounting regulations. Theresults of the research (qualitative and quantitative) are based on the analysis of reports on the activities(management commentaries) of the largest WIG30 listed companies. In the analysis of the collectedempirical material, the event studies approach was used, i.e. the changes in the quantitative and qualitativescope of disclosures before (in 2016) and after the introduction of new regulations (in 2017) werecompared. The research results indicate a selective increase in the scope of disclosures on risk areas andfactors as well as a significant increase in the risk rhetoric. The conclusions from the research confirm themultidimensionality and complexity of phenomena related to narrative disclosures and the impact of legalregulations of accounting on the scope of risk disclosures in the listed companies’ reports.