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Kรกtia Lemos – Research Center on Accounting and Taxation, Polytechnic Institute of Cรกvado and Ave, Portugal

Sรณnia Monteiro – Research Center on Accounting and Taxation, Polytechnic Institute of Cรกvado and Ave, Portugal

Romeu Marques – Polytechnic Institute of Cรกvado and Ave, Portugal

Keywords:ย  ย  ย  ย  ย  ย  ย  ย  ย  ย ย  Decret-Law nยบ 89/2017;
Non-financial information;
Mandatory reporting;
Voluntary disclosure;
Sustainability report

DOI: https://doi.org/10.31410/ERAZ.S.P.2023.93

ย Abstract: This paper aims to analyze the degree of disclosure of non-finanยญcial information (mandatory vs. voluntary) provided by large Portuguese companies and to identify its determinant factors. A content analysis was conducted on a total of 41 corporate reports published in 2020 by listed and unlisted companies with more than 500 employees. A multiple linear regresยญsion model was developed, with a non-financial disclosure index as the deยญpendent variable and visible characteristics of the companies and report-reยญlated characteristics as independent variables.

The results indicate that there are statistically significant differences in the levยญel of non-financial information disclosure between listed and unlisted comยญpanies. Multiple linear regression model results showed that the variables of profitability and the use of the Global Reporting Initiative framework are staยญtistically significant at a significance level of 5%, while the variable of the exยญtent of the report is statistically significant at a significance level of 10%.

9th International Scientific ERAZ Conference โ€“ ERAZ 2023 โ€“ Selected Papers: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, hybrid โ€“ online, virtually and in person, Prague, Czech Republic, June 1, 2023

ERAZ Selected Papers published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy โ€“ UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance โ€“ Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2023 Selected Papers: ISBN 978-86-80194-73-8, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.S.P.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.ย 

Suggested citation

Lemos, K., Monteiro, S., & Marques, R. (2023). Non-financial Disclosure of Large Portuguese Companies and Its Determinant Factors. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 9. Selected Papers (pp. 93-102). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.S.P.2023.93

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