Survey of financial reporting stakeholders in Hungary in 2023
DOI:
https://doi.org/10.14267/VEZTUD.2024.KSZ.07Keywords:
stakeholders, financial report, pollution, social differencesAbstract
In a questionnaire survey, the author sought to find out how independent individuals feel about their role as stakeholders in the financial reports of a large multinational company and a small Hungarian company. A total of 277 evaluated respondents completed the questionnaire. The results indicated that respondents believe global corporations should demonstrate through their financial reports the impact of their activities on the natural environment and social (wealth, income) disparities, which are the two main impacts. However, they do not hold small companies’ accounting systems responsible for these impacts. Respondents typically perceive themselves as stakeholders in the context of the two main impacts mentioned. Regardless of whether or not they feel they are stakeholders and they consider large companies to be responsible for the two main impacts, respondents see the role of the large company accounting system as being to present these environmental and social impacts.
Downloads
References
Badua, F., & Racca, J.C. (2017). Pacioli, Profit, and Positivism: How Inherited Professional and Academic Traditions Have Stymied Accounting Scholarship. Accounting Historians Journal, 44(2), 99–108. https://doi.org/10.2308/aahj-10535
Brown, J., Dillard, J., & Hopper, T. (2015). Accounting, accountants and accountability regimes in pluralistic societies: Taking multiple perspectives seriously. Accounting, Auditing & Accountability Journal, 28(5), 626–650. https://doi.org/10.1108/AAAJ-03-2015-1996
Buysse, K., & Verbeke, A. (2003). Proactive environmental strategies: A stakeholder management perspective. Strategic Management Journal, 24(5), 453–470. https://doi.org/10.1002/smj.299
Chen, B., Song, D., Gu, F., Zhang, W., Cheng, Y., Ball, A.D., Bevan, A., & Xi Gu, J. (2023). A full generalization of the Gini index for bearing condition monitoring. Mechanical Systems and Signal Processing, 188, 109998. https://doi.org/10.1016/j.ymssp.2022.109998
Cooper, D.J., & Hopper, T.M. (1987). Critical studies in accounting. Accounting, Organizations and Society, 12(5), 407–414. https://doi.org/10.1016/0361-3682(87)90028-6
Cseh, B. (2022). The Regulatory Regime for Public Services Provided by State-Owned Companies, with Particular Reference to Control. Erdélyi Jogélet, 3(2), 57–72. https://doi.org/10.47745/ERJOG.2022.02.05
Czelleng, Á., & Losoncz, M. (2020). A jövedelemegyenlőtlenség makrogazdasági hatásai szimulációs megközelítésben. Közgazdasági Szemle, 67(5), 495–511. https://doi.org/10.18414/KSZ.2020.5.495
Dadkhah, M., Oermann, M.H., Hegedüs, M., Raman, R., & Dávid, L.D. (2023). Diagnosis Reliability of ChatGPT for Journal Evaluation. Advanced Pharmaceutical Bulletin, 1. https://doi.org/10.34172/apb.2024.020
De Wolf, A., & Christiaens, J. (2023). Stakeholder participation in the development of International Public Sector Accounting Standard 42, Social Benefits. Financial Accountability & Management, 39(4), 715–730. https://doi.org/10.1111/faam.12304
Gonnella, E., & Talarico, L. (2017). Teleological versus Non-Teleological Perspectives in Financial Statement: The Debate between Chambers and Onida. Accounting Historians Journal, 44(2), 157–179. https://doi.org/10.2308/aahj-10563
Hopper, T. (2019). Stop accounting myopia: – Think globally: a polemic. Journal of Accounting & Organizational Change, 15(1), 87–99. https://doi.org/10.1108/JAOC-12-2017-0115
Hopper, T., Lassou, P., & Soobaroyen, T. (2017). Globalisation, accounting and developing countries. Critical Perspectives on Accounting, 43, 125–148. https://doi.org/10.1016/j.cpa.2016.06.003
Hopper, T., & Powell, A. (1985). Making sense of research into the organizational and social aspects of management accounting: a review of its underlying assumptions [1]. Journal of Management Studies, 22(5), 429– 465. https://doi.org/10.1111/j.1467-6486.1985.tb00007.x
Hoque, Z., Siddiquee, N.A., & Hopper, T. (1994). Managing organizations in the third world: A case study of management control in a Bangladeshi jute mill. Public Administration and Development, 14(5), 421–437. https://doi.org/10.1002/pad.4230140501
Jain, S.K., & Singh, V.P. (2003). Emerging Techniques for Data Acquisition and Systems Modeling. Developments in Water Science, 51, 123–205. https://doi.org/10.1016/S0167-5648(03)80057-6
Khalfan, A., Nilsson Lewis, A., Aguilar, C., Persson, J., Lawson, M., Dabi, N., Jayoussi, S., & Acharya, S. (2023). Climate Equality: A planet for the 99%. Oxfam International. https://doi.org/10.21201/2023.000001
Lakatos, L.P. (2009). A számviteli érdekhordozói elméletek evolúciója és a szabályozás. Vezetéstudomány, 44(5), 47-59. https://doi.org/10.14267/VEZTUD.2013.05.05
Lovas, D. (2022). Role of Energy Taxation in Terms of Achieving Climate Neutrality. Review of European and Comparative Law, 50(3), 39–59. https://doi.org/10.31743/recl.13905
Lusiani, M., Pancot, C., Sangster, A., & Vedovato, M. (2023). Bookkeeping, but not for profit: A special form of double entry in a 16th century Venetian charity. The British Accounting Review, 55(5), 101175. https://doi.org/10.1016/j.bar.2023.101175
Lviv Polytechnic National University, Kuzmin, O., Khilukha, O., & Lesya Ukrainka Eastern European National University. (2016). Regulation of stakeholders’ interests in corporate governance through negotiations. Economic Annals-ХХI, 161(9–10), 56–60. https://doi.org/10.21003/ea.V161-13
Macve, R.H. (2015). Fair value vs conservatism? Aspects of the history of accounting, auditing, business and finance from ancient Mesopotamia to modern China. The British Accounting Review, 47(2), 124–141. https://doi.org/10.1016/j.bar.2014.01.001
Miller, P., Hopper, T., & Laughlin, R. (1991). The new accounting history: An introduction. Accounting, Organizations and Society, 16(5–6), 395–403. https://doi.org/10.1016/0361-3682(91)90036-E
Miller, P., & Napier, C. (1993). Genealogies of calculation. Accounting, Organizations and Society, 18(7–8), 631–647. https://doi.org/10.1016/0361-3682(93)90047-A
Mitchell, R.K., Agle, B.R., & Wood, D.J. (1997). Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts. The Academy of Management Review, 22(4), 853-886. https://doi.org/10.2307/259247
Moore, L. (2017). Carving Nature at Its Joints: The Entity Concept in an Entangled Society. Accounting Historians Journal, 44(2), 125–138. https://doi.org/10.2308/aahj-10556
Napier, C.J. (2006). Accounts of change: 30 years of historical accounting research. Accounting, Organizations and Society, 31(4–5), 445–507. https://doi.org/10.1016/j.aos.2005.12.004
Pogátsa, Z. (2021a). A közgazdaságtan megújítása. Replika, 121–122, 149–150. https://doi.org/10.32564/121-122.10
Pogátsa, Z. (2021b). A makroökonómia újragondolása a 2008-as válság után. Replika, 121–122, 151–177. https://doi.org/10.32564/121-122.11
Previts, G.J., Parker, L.D., & Coffman, E.N. (1990). Accounting History: Definition and Relevance. Abacus, 26(1), 1–16. https://doi.org/10.1111/j.1467-6281.1990.tb00229.x
Róna, P. (2021). Intencionalitás és a közgazdaságtan fogalmai. Replika, 121–122, 233–248. https://doi.org/10.32564/121-122.14
Rowley, T.J. (1997). Moving beyond Dyadic Ties: A Network Theory of Stakeholder Influences. The Academy of Management Review, 22(4), 887-910. https://doi.org/10.2307/259248
Suchman, M.C. (1995). Managing Legitimacy: Strategic and Institutional Approaches. The Academy of Management Review, 20(3), 571-610. https://doi.org/10.2307/258788
Sutton, T.G. (1984). Lobbying of accounting standard-setting bodies in the U.K. and the U.S.A.: A Downsian analysis. Accounting, Organizations and Society, 9(1), 81–95. https://doi.org/10.1016/0361-3682(84)90031-X
Vaszkun, B., Koczkás, S., Ganbaatar, T., Hsien, K.C., Yu, Y., Yao, Y., Sárvári, B., & Orolmaa, M. (2022). Does Confucius have a say in management today Empirical evidence from Asia and Europe. European Journal of International Management, 17(2/3), 198-221. https://doi.org/10.1504/EJIM.2022.120715
Zsolnai, L. (2007). Western economics versus Buddhist economics. Society and Economy, 29(2), 145–153. https://doi.org/10.1556/SocEc.29.2007.2.2
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Corvinus University of Budapest, publisher of Vezetéstudomány / Budapest Management Review
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors assign copyright to Vezetéstudomány / Budapest Management Review. Authors are responsible for permission to reproduce copyright material from other sources.
