Ujawnianie informacji strategicznych w raportach rocznych spółek notowanych na rynkach alternatywnych w Londynie i w Warszawie

Czasopismo

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• Autorzy: Joanna Dyczkowska

Warianty tytułu

Disclosure of Strategic Information in Annual Reports of Companies Listed at the Alternative Investment Markets in London and Warsaw

• Języki publikacji: PL

Abstrakty

Celem artykułu jest ocena jakościowa informacji strategicznych ujawnianych przez spółki notowane na rynkach alternatywnych. Badanie ma charakter porównawczego studium przypadków. Ocenie poddane zostały raporty roczne spółek z sektora informatycznego notowanych na AIM London i NewConnect. Sektor informatyczny jest jednym z najbardziej dynamicznie rozwijających się rynków w Wielkiej Brytanii i w Polsce. Z uwagi na szybkie zmiany technologiczne musi on perspektywicznie patrzeć w przyszłość, by w adekwatny sposób zaspokajać potrzeby klientów. Dlatego ważną kwestią staje się posiadanie dobrej strategii rozwojowej. Wyniki badania pokazują, że jakość ujawnień informacji strategicznych spółek z AIM London jest średnio wyższa niż jakość ujawnień spółek z NewConnect.(abstrakt oryginalny)

EN

Disclosure of strategic information in annual reports increases its usefulness from the viewpoint of not only investors, but also other stakeholders. However, a perception of that problem in the context of the whole market reveals that cost-benefit balance due to this kind of disclosures may change over time. This paper aims at the qualitative assessment of strategic information disclosures in annual reports of companies listed on the alternative investment markets. As a research method comparative multiple-case studies were applied. Basing on information coming from annual reports of 15 companies listed on the AIM London and Warsaw NewConnect, the paper recognises a problem and diagnoses the current situation. IT sector is the most dynamically developing market both in Great Britain and in Poland. As a result of a technological progress IT sector has to be forward-looking in order to respond adequately to customer needs. Therefore a vision of the future and a good development strategy are key issues. The research results evidenced that the quality of voluntary disclosures of strategic information was higher on average in annual reports of companies listed on the AIM London compared with that listed on the Warsaw NewConnnect.(original abstract)

Słowa kluczowe

PL

Raport roczny przedsiębiorstwa; Spółki

EN

Annual report of the company; Companies

• Czasopismo: ---
• Strony: 70--83

Twórcy

autor

Joanna Dyczkowska

• Uniwersytet Ekonomiczny we Wrocławiu

Bibliografia

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Identyfikatory

DOI

10.15611/pn.2015.389.07