Usefulness of Non-Financial Information in Assessing the Company’s Economic and Financial Performance in Polish Practice

Boguslawa Bek-Gaik and Anna Surowiec

European Research Studies Journal, 2024, vol. XXVII, issue 3, 270-296

Abstract: Purpose: The aim of the article is to identify the perception of the usefulness and prospects of non-financial reporting, the level of engagement in non-financial reporting and the extent of utilization of non-financial information within the surveyed companies, and the types of non-financial information that are significant for assessing the economic and financial performance of companies. Design/methodology/approach: The article utilizes results from a review of literature, findings from the authors' previous research, as well as observations from business practice in the area of non-financial information reporting. Findings: The findings of the study confirm that both internal and external users are not entirely convinced about the use of non-financial information in assessing the economic and financial situation. However, they claim that such data should be published. Additionally, the majority of respondents stated that a financial statement alone is sufficient for evaluating the economic and financial performance. Practical Implications: The results of the study complement the research gap of current literature on the usefulness of non-financial information in assessing the company’s economic and financial performance by presenting the opinion of Polish practitioners. Originality/Value: The research presented in the article contributes to the current literature on assessing the economic and financial performance by using the novel dataset, identifying the perspective of Polish practice, and is aimed at presenting a critical interpretative perspective.

Keywords: Non-financial reporting; financial analysis; economic analysis. (search for similar items in EconPapers)
JEL-codes: M40 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxvii:y:2024:i:3:p:270-296

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