The use of non-financial information in stakeholder decision-making

Abstract

The informations is essential for making decisions within an entity but does not have to focus on a single form of information. Financial informations is usually the primary factor of a decision, but the informational requirements of the current market highlight the stakeholders' focus on non-financial information, on environmental or social issues, and on the links between financial and non-financial information. Traditional financial reports do not contain a wide range of non-financial information, but rather limited. Thus, at global level, the perspective of corporate reporting has changed, resulting in other types of reporting aimed at highlighting non-financial information and meeting the information requirements of stakeholders. Stakeholders appeal to environmental reports, corporate governance reports, social responsibility reports, sustainability reports, and integrated reports to get the most out of an entity's work. Currently, non-financial information is a significant factor in stakeholder decision-making. JEL: M41, M49