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Non-Financial Reporting in Romania in the pre-Directive 2014/95/EU Period (1990-2013)

Author

Listed:
  • Adriana TIRON-TUDOR

    (Babeş-Bolyai University, Cluj-Napoca)

  • Teodora Viorica FĂRCAŞ

    (Babeş-Bolyai University, Cluj-Napoca)

  • Ioana DRAGU

    (Babeş-Bolyai University, Cluj-Napoca)

  • Ecaterina Monica MOISE

    (Babeş-Bolyai University, Cluj-Napoca)

Abstract

In Romania, a country with a former centralised economy governed by a communist regime up to 1990, there was a tradition for reporting non-financial information, which includes corporate social responsibility, sustainability and environmental issues. This paper aims to analyse the transition to a free-market economy and a democratic society that encompasses complex socio-economic transformation processes, with a specific focus on non-financial reporting as a measure of its progress. Using the neoinstitutional normative theory framework, a qualitative methodology-based analysis of the national regulations concerning corporate reporting. This paper aims to outline the steps taken by Romania toward a market economy, through the lens of non-financial voluntary or mandatory reporting in for different types of entities. Acknowledgements: The results presented in this paper represents a part of the research conducted by the team in the frame of INTEREST-INTEgrated REporting for SMEs Transparency project, ERASMUS+ KA2 – Strategic Partnership 2019-1-HU01-KA202-060911

Suggested Citation

  • Adriana TIRON-TUDOR & Teodora Viorica FĂRCAŞ & Ioana DRAGU & Ecaterina Monica MOISE, 2020. "Non-Financial Reporting in Romania in the pre-Directive 2014/95/EU Period (1990-2013)," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 1(5), pages 63-72, May.
    • Handle: RePEc:ahd:journl:v:1:y:2020:i:5:p:63-72
    DOI: 10.37945/cbr.2020.05.07
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    References listed on IDEAS

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    More about this item

    Keywords

    non-financial reporting; Romania; voluntary/mandatory disclosure; Directive; NFRD;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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