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Author
Sulik-Górecka Aleksandra (University of Economics in Katowice, Poland)
Title
Information Value of the Segment Reporting in the Polish Energy Sector
Source
New Trends in Production Engineering, 2020, vol. 3(1), s. 394-406, rys., tab., bibliogr. 25 poz.
Issue title
Selected Aspects of Production Engineering in Management and Materials Engineering
Keyword
Efektywność energetyczna, Energetyka, Raportowanie, Sprawozdawczość
Energy efficiency, Energetics, Reporting, Reporting
Note
streszcz., summ.
Abstract
Conventional energy sources dominate in the Polish energy sector, which is a huge risk to meeting environmental protection requirements. Polish energy companies are facing challenges related to meeting the requirements of the European Union and the National Energy Policy. The paper attempts to answer the question whether the ongoing discussion on the future of the energy sector, dealing with such issues as development of renewable energy sources is reflected in the annual financial reports of companies listed on the Warsaw Stock Exchange and covered by the WIG_ENERGY index. This study contributes to the extant literature on financial disclosures in several ways. First, the examination of compliance of segment reporting of selected companies listed on the Polish stock exchange with International Reporting Standards (IFRS) was carried out (particularly IFRS 8 - Operating Segments). Second, the information value of disclosures for investors in the energy industry was assessed. The empirical part was preceded by a description of segment reporting principles in accordance with IFRS 8 and the summary of challenges facing the energy sector in Poland. (original abstract)
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Bibliography
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Cited by
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ISSN
2545-2843
Language
eng
URI / DOI
http://dx.doi.org/10.2478/ntpe-2020-0033
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