SEARCH
 

Search

 

Результаты поиска 1 - 2 из 2
Начало | Пред. | 1 | След. | Конец


Analysis of interrelation between the financial status and the level of corporate transparency of annual financial statements of Russian companies

Shilovskaya M.S. Gagarin Saratov State Technical University, Saratov, Russian Federation ( pakinamariya@gmail.ru )

Journal: Economic Analysis: Theory and Practice, #6, 2018

Importance The form of annual financial statements presentation by the company management to a great extent depends on conditions impacting the financial position of the company at the time of reporting. The article investigates the reaction of management to these conditions and the way it expresses its opinion about the company's current position and development prospects.
Objectives The goal is to analyze relationships between the quality of management's narrative disclosures in financial reviews within annual reports and the company's financial position, and to consider the effect of the risk of bankruptcy.
Methods The study employs methods of semantic analysis of the texts of the reports and the correlation analysis.
Results The paper summarizes the results of semantic analysis to determine the management opinion about the company's ability to create value in the short, medium and long term. It also presents the results of correlation of companies’ financial ratios and the management opinion about the company's financial standing.
Conclusions Companies with stable financial position present more transparent corporate information; and information disclosure of companies with aggravating financial situation is of low quality. I offer recommendations for improving the quality of information to be disclosed.


Analysis of information disclosure in corporate reporting in terms of compliance with integrated reporting principle Strategic Focus and Future Orientation

Plotnikova V.V. Saratov Socio-Economic Institute, Branch of Plekhanov Russian University of Economics, Saratov, Russian Federation ( veryn@yandex.ru )

Shilovskaya M.S. Yuri Gagarin State Technical University of Saratov, Saratov, Russian Federation ( pakinamariya@gmail.ru )

Journal: Economic Analysis: Theory and Practice, #5, 2017

Subject The paper analyzes the disclosure of information in annual reports in terms of compliance with the principle of integrated reporting Strategic Focus and Future Orientation.
Objectives The aim is to study the quality of disclosure of information on financial standing and financial results based on financial statements presented by Russian companies, and determine to what extent the companies are ready to openly interact with all stakeholders.
Methods We used scientific methods of analysis, synthesis, comparison, as well as methods of economic-mathematical modeling, in particular, correlation analysis and semantic analysis.
Results We summarized the results of semantic analysis of the texts of reports to determine to what extent the opinion of senior management is pronounced about the company's ability to create value in the short, medium and long term. The paper presents the results of correlation analysis of dependence of company's financial ratios and the views of senior management on its financial position.
Conclusions and Relevance We justified the conclusion about problems with the quality of disclosure in corporate financial reporting of Russian companies and its non-compliance with the Strategic Focus and Future Orientation principle. This fact shows that companies are not ready for open interaction with all stakeholders. It is required to introduce a new system of financial indicators and their interpretation in the context of integrated reporting. This will enable an effective collaboration of company management with stakeholders and increase the level of confidence.


Результаты поиска 1 - 2 из 2
Начало | Пред. | 1 | След. | Конец


Отсортировано по релевантности | Сортировать по дате