Abstract

This study investigates the non-financial disclosure in an Italian banking group following Directive 2014/95/EU over a period of eight years, from its voluntary (2013–2017) to mandatory (2018–2020) implementation. The paper relies both on primary and secondary data sources. It first adopts a content analysis on non-financial reports while considering other relevant available material. Second, the study relies upon semi-structured interviews and seminars to gather primary data. The analysis has been interpreted in light of institutional theory in order to understand the institutional forces driving non-financial disclosure. Results show that non-financial disclosure significantly increased in quantity after the regulation; however, the improvement in quality is fairly low, with the exception of themes relevant to the company under investigation. Through the lens of institutional theory, it emerges that an interplay of institutional mechanisms co-existed within the bank, during two periods of reporting for different topics of disclosure.

一个bstract

本研究调查了意大利银行集团在从自愿 (2013-2017) 到强制 (2018-2020) 实施的八年时间里，遵循 2014/95/EU 指令的非财务披露情况。该论文依赖于主要和次要数据来源。它首先对非财务报告进行内容分析，同时考虑其他相关可用材料。其次，该研究依赖于半结构化访谈和研讨会来收集原始数据。为了理解推动非财务披露的制度力量，已根据制度理论对分析进行了解释。结果表明，监管后非财务信息披露数量显着增加；然而，除了与被调查公司相关的主题外，质量的提高相当低。