Znaczenie rozszerzonej sprawozdawczości biznesowej spółki w czasie kryzysu gospodarczego

Abstract

The article outlines the concept of enhanced business reporting, which is based on disclosing additional information in corporate reports. The information is meant to create background for obligatorily presented financial data, what should result in better decisions by shareholders and other stakeholders. Consequently, greater transparency should lead to a more effective capital market and rebuilding public trust in companies' reports. More important, it should result in greater accountability of corporate managers. The author tries to identify the areas, where additional disclosure could have reduced the negative effects of the economic crisis. Furthermore, the article explains what kind of information can be disclosed by companies during crisis, so that the positive effects of greater transparency can be achieved.