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Varying Levels of Financial and Non-Financial Information Disclosure in the European Union - FSE and BSE Analysis

Author

Listed:
  • Tăbîrcă Alina Iuliana

    (“Valahia” University of Târgoviște, Romania)

  • Djaouahdou Réda

    (University of Badji Mokhtar Annaba, Algeria)

Abstract

This study investigates the varying levels of financial and non-financial information disclosure among firms in the European Union, specifically focusing on the Frankfurt Stock Exchange (FSE) and Bucharest Stock Exchange (BSE). The research uses comprehensive datasets to evaluate the extent and quality of disclosures, assessing their compliance with EU directives and international standards. The analysis incorporates a quantitative method to provide a nuanced understanding of disclosure practices. Key findings highlight significant disparities in disclosure levels between FSEs and BSEs, driven by differences in regulatory environments, market pressures, and organizational characteristics. The study concludes with recommendations for policymakers and corporate managers to enhance transparency and promote uniform disclosure standards across the EU.

Suggested Citation

  • Tăbîrcă Alina Iuliana & Djaouahdou Réda, 2024. "Varying Levels of Financial and Non-Financial Information Disclosure in the European Union - FSE and BSE Analysis," Valahian Journal of Economic Studies, Sciendo, vol. 15(1), pages 39-52.
    • Handle: RePEc:vrs:vaecst:v:15:y:2024:i:1:p:39-52:n:1004
    DOI: 10.2478/vjes-2024-0004
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    References listed on IDEAS

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    More about this item

    Keywords

    financial information; non-financial information; financial analysis; EU; financial markets;
    All these keywords.

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting

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