Advertisement

Sustainability Reporting in the Slovak Republic

  • Renata PaksǐováEmail author
Chapter
Part of the MIR Series in International Business book series (MIRSIB)

Abstract

The terms “sustainability” and “sustainable development” come from the 1970s and were initially used in connection with the idea that uncontrolled growth of anything (population, production, consumption, pollution, etc.) is not sustainable when resources are limited. The aim of this responsible business is to increase long-term profits through positive public relations, raise high ethical standards to reduce business and legal risks, and enhance shareholder trust by taking responsibility for corporate actions. In this article, we analyze the results of an empirical study about understanding the corporate sustainability and corporate responsibility of large companies in the Slovak Republic and the relevant laws in the Slovak Republic in the context of sustainable reporting.

Keywords

Corporate Social Responsibility European Union United Nation Slovak Republic Corporate Responsibility 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Notes

Acknowledgments

This article is part of the project of the Scientific Grant Agency of the Ministry of Culture of the Slovak Republic and Slovak Academy of Sciences (VEGA) no. 1/0512/16 (2016–2018) Retention and Development of Business Property of Company as a Relevant Tool for Sustainable Development.

References

  1. EUR-LEX. (2015). Directive 2013/34/EU. Accessed September 20, 2016, from http://eur-lex.europa.eu/legal-content/CS/TXT/PDF/?uri=CELEX:32013L0034&from=EN
  2. European Commission. (2015). Non-IFRS financial statements. Accessed December 25, 2015, from http://ec.europa.eu/finance/company-reporting/non-financial_reporting/index_en.htm
  3. European Commission. (2016). Europe 2020. Accessed February 2, 2016, from http://ec.europa.eu/europe2020/index_en.htm
  4. Finstat. (2015). Reports of companies. Accessed February 20, 2015, from http://www.finstat.sk/
  5. GRI. (2015). Standards. Accessed February 25, 2016, from https://www.globalreporting.org/Pages/default.aspx.
  6. Kubaščíková, Z. (2008). Sustainable development reporting. In Management information systems: The International scientific journal—Subotica (pp. 19–23). Bratislava: University of Novi Sad, University of Economics Bratislava.Google Scholar
  7. Ministry of Environment of the SR. (2015). Strategie. Accessed September 25, 2016, from http://www.minzp.sk/dokumenty/strategicke-dokumenty/
  8. Ministry of Finance of the Slovak Republic. (2015). Act No. 130/2015 Coll. Accessed November 30, 2015, from http://www.mfsr.sk/en/Components/CategoryDocuments/s_LoadDocument.aspx?categoryId=482&documentId=691
  9. Ministry of Finance of the Slovak Republic. (2016). Act No. 431/2002 Coll. on Accounting. Accessed September 29, 2016, from http://www.finance.gov.sk/en/Default.aspx?CatID=438
  10. Pakšiová, R. (2016a). CSR reporting in Slovakia. In ICEI 2016. International conference. ICEI 2016: Proceedings of the 3rd International conference on European integration 2016: May 19–20, 2016 (pp. 698–707). Ostrava, Czech Republic—Ostrava: VŠB—Technical University of Ostrava.Google Scholar
  11. Pakšiová, R. (2016b). Reporting of non-financial information on Companies in the context of sustainable development in Slovakia. In Účetnictví a auditing v procesu světové harmonizace. Zborník z medzinárodní vědecké konference, Vranov nad Dyjí, 13. –15. září 2016 (pp. 84–90). Praha: Oeconomica.Google Scholar
  12. Pakšiová, R., Tumpach, M., Petera, P., & Wagner, J. (2016). Comparative analysis of corporate responsibility reporting of the largest companies in Slovakia and Czech Republic. In Aktuálne problémy podnikovej sféry 2016. Medzinárodná vedecká konferencia. Aktuálne problémy podnikovej sféry 2016: [recenzovaný] zborník vedeckých prác: medzinárodná vedecká konferencia, Bratislava, 5.–6.5.2016 [elektronický zdroj] (pp. 847–856). Bratislava: Vydavateľstvo EKONÓM.Google Scholar
  13. Petera, P., & Wagner, J. (2015). Understanding sustainability by large Czech companies. In Idimt-2015: Information technology and society interaction and interdependence (pp. 357–366). Prague: University of Economics.Google Scholar
  14. Petera, P., Wagner, J., Mensik, M., & Bouckova, M. (2013). Rewarding of employees—Results of survey and ideas for further research. In Idimt-2013: Information technology human values, innovation and economy (pp. 361–370). Prague: University of Economics.Google Scholar
  15. Petera, P., Wagner, J., & Bouckova, M. (2014). An empirical investigation into sustainability reporting by the largest companies with their seat in the Czech Republic. In Idimt-2014: Networking societies—Cooperation and conflict (pp. 321–329). Prague: University of Economics.Google Scholar
  16. Petera, P., Wagner, J., Knorova, K., & Siska, L. (2015). Human resources disclosure by the largest Czech companies. In D. Prochazka (Ed.), 16th Annual Conference on Finance and Accounting, ACFA (pp. 96–105). Prague: University of Economics.Google Scholar
  17. Petera, P., Wagner, J., & Pakšiová, R. (2016). Empirical study of approach to sustainability management and reporting in the Czech and Slovak republic. In 17th Annual Conference on Finance and Accounting, ACFA. Prague: University of Economics.Google Scholar
  18. Register UZ. (2015). Register. Accessed February 20, 2015, from http://www.registeruz.sk/cruz-public/domain/accountingentity/simplesearch

Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.Faculty of Economic InformaticsUniversity of Economics in BratislavaBratislavaSlovakia

Personalised recommendations