Are the financial results of selected companies listed on the Warsaw Stock Exchange related to non-financial information presented in CSR reports?

PURPOSE: The aim of the article is to try to answer the research questions: Is the content provided in CSR reports understandable to their recipients? and What is the linguistic structure of these reports? An additional question is: Are there any relationships between non-financial information and financial data in the reports of the selected entities?APPROACH/METHODOLOGY/DESIGN: The research sample consisted of companies listed on the Warsaw Stock Exchange in the period 2016-2018, which belong to two stock exchange indices: WIG-fuels and WIG-chemistry. The sample consists of 12 companies.FINDINGS: On the basis of the conducted research, the most important conclusions were formulated: 1. CSR reports in the surveyed companies were prepared on a similar level of language difficulty, 2. The texts of CSR reports in public companies are understandable regardless of education, 3. There is a link between non-financial and financial information in terms of describing the profitability of the surveyed companies and a description of the total size of the enterprise.PRACTICAL IMPLICATIONS: The article indicates an important issue related to the attempt to answer the questions whether the description of the companies' activities is related to the financial data. This issue is extremely important from the point of view of an external recipient who uses the financial statements.ORIGINALITY/VALUE: The results of the research and theoretical considerations contained in the article complement the existing research in accounting. Previously, such studies were not carried out in Poland with polish companies.peer-reviewe

Measuring Technological Change through an Extended Structural Decomposition Analysis: An Application to EU-28 Primary Sectors (2010–2015)

This paper addresses the input–output structural decomposition for an economic analysis. The objective is to determine the causes of changes in production in these sectors with a particular focus on disaggregating the technological change by distribution factors associated with a specific normalization of the Leontief inverse. In calculating the net multipliers, an attempt was made to exclude each sectors’ own consumption in a satisfactory manner. However, the treatment of own consumption when introducing a time factor requires further investigation to avoid questionable measurements. An empirical application is presented regarding agriculture, forestry, and fishing sectors in six EU-28 countries (Austria, Belgium, France, Germany, Italy, and Spain) over the 2010–2015 period. In general, a typical characteristic of primary sectors is the accumulation of a significant amount of their own consumption, facilitated by the design of their own symmetric accounting methods. Therefore, attention is focused on these sectors so as to reveal possible analysis techniques that will provide nuance or validate existing techniques