Quantitative and Qualitative Aspects of Non-financial Reporting in Hotel Enterprises in Croatia

Nidžara Osmanagić Bedenik (), Ivan Strugar (), Darko Prebežac () and Vedran Kojić ()
Additional contact information
Nidžara Osmanagić Bedenik: University of Zagreb
Ivan Strugar: University of Zagreb
Darko Prebežac: University of Zagreb
Vedran Kojić: University of Zagreb

A chapter in Eurasian Economic Perspectives, 2020, pp 359-385 from Springer

Abstract: Abstract Dynamic business environment requires publishing accurate and reliable information about company business performance. In this context company financial reporting becomes standard, obligatory and important company communication channel. Publishing company performance information is not for the interest of investors only, but it is because of the interest for customers as well. In present business environment, growing interest for environmental protection and sustainable development, the financial reporting framework becomes insufficient. Information related with social and environmental aspects of business grows in importance not only for employees and local community but for investors and customers as well. Tourism industry highly prioritises environmental protection issues and sustainable development as factors of highest importance for sustainable destination management. In this context non-financial reporting was voluntary for many years, but now non-financial reporting becomes not only important market issue but becomes obligatory, and standards for non-financial reporting are still developing. The primary objective of this study was to identify the level of existing experience and readiness of hotel companies in Croatia to report on sustainable reporting and sustainable business.

Keywords: Financial reporting; Sustainable development; Hotel industry (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-030-40375-1_25

Ordering information: This item can be ordered from
http://www.springer.com/9783030403751

DOI: 10.1007/978-3-030-40375-1_25

Access Statistics for this chapter

More chapters in Eurasian Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().