Suchergebnisse

Purpose: This paper analyses the progress in extending disclosure of non-financial and diversity CSR information and seeks answer for the question if the definite pension and wage benefits in case of corporate insolvencies should be reflected in the management reports.Design/methodology/approach: Literature analysis, analysis of existing legislation and mechanism for the application of domestic law corresponded to EU directives and international guidelines and standards have been used to formulate conclusions. Сomparative studies of Belarusian legislation and the relevant international wage and pension protection instruments were analysed for making more informed and well-argued conclusions and recommendations based upon these studies.Research and practical limitations/implications: The theoretical framework of this paper is combined with analysis of the existing regulations on the protection of the rights of employees' and pensioners' claims in case of company insolvency.Findings: The conducted research suggests that together with implementation of diversity issues, employment issues, etc. of social and employee matters, companies are expected to disclose such material information as employees' and pensioners' claims in case of company insolvency through disclosing a relevant non-financial and diversity information in management reports.Originality/value: This article summarizes arguments behind the implementation of social responsibility aspects of companies' insolvency in the management reports. This research may be the basis for further practical implementation of disclosure requirements on non-financial and diversity information in international guidelines and principles.Paper type: research paper.

Purpose: This paper analyses the progress in extending disclosure of non-financial and diversity CSR information and seeks answer for the question if the definite pension and wage benefits in case of corporate insolvencies should be reflected in the management reports.Design/methodology/approach: Literature analysis, analysis of existing legislation and mechanism for the application of domestic law corresponded to EU directives and international guidelines and standards have been used to formulate conclusions. Сomparative studies of Belarusian legislation and the relevant international wage and pension protection instruments were analysed for making more informed and well-argued conclusions and recommendations based upon these studies.Research and practical limitations/implications: The theoretical framework of this paper is combined with analysis of the existing regulations on the protection of the rights of employees' and pensioners' claims in case of company insolvency.Findings: The conducted research suggests that together with implementation of diversity issues, employment issues, etc. of social and employee matters, companies are expected to disclose such material information as employees' and pensioners' claims in case of company insolvency through disclosing a relevant non-financial and diversity information in management reports.Originality/value: This article summarizes arguments behind the implementation of social responsibility aspects of companies' insolvency in the management reports. This research may be the basis for further practical implementation of disclosure requirements on non-financial and diversity information in international guidelines and principles.Paper type: research paper.