This book discusses the role of business models in corporate reporting. It illustrates the evolution of non-financial reporting, the importance of business model reporting, and the main conceptualisations of business models. It also offers a methodological contribution to the assessment of business model reporting. Finally, it discusses the main implication of business model reporting for different categories of subjects and some challenges related to this kind of disclosure.
Readers will understand the role of business models in the non-financial reporting landscape. They will also gain an understanding of how business models can help users of the annual report contextualise other non-financial items disclosed. However, effective business model reporting implies paying attention to certain features that define its quality. This theme is discussed in the empirical part of the book and in the section devoted to implications for preparers, users, and regulators.
As large companies in the EU and the UK have to disclose the business model in the annual report, this book will be of interest to preparers and users of financial statements, regulators involved in the ongoing non-financial regulatory process, and professional bodies. It will also be of interest to academics interested in the investigation of non-financial reporting.
Author(s): Lorenzo Simoni
Series: Routledge Studies in Accounting
Publisher: Routledge
Year: 2021
Language: English
Pages: 120
City: London
Cover
Half Title
Series Page
Title Page
Copyright Page
Table of Contents
List of illustrations
1 Introduction
2 The disclosure of non-financial information and the role of business models
2.1 Non-financial information and value creation
2.2 Voluntary disclosure of non-financial information
2.3 Mandatory non-financial disclosure
2.4 Empirical research on non-financial disclosure
2.4.1 Extent and quality of non-financial disclosure
2.4.2 The determinants of non-financial disclosure
2.4.3 The effects of non-financial disclosure
2.5 Business model and non-financial disclosure: contextualising other information
2.6 What a business model is
2.6.1 Purpose of business models
2.6.2 Business model ontologies
2.6.3 Business model taxonomies
2.6.4 Common traits of different business model definitions
3 Business model communication in corporate reporting
3.1 Business model disclosure: providing users with information about value creation
3.2 Regulation of business model disclosure
3.3 Empirical evidence on business model disclosure practices
3.3.1 Business model disclosure as a framework for non-financial reporting
3.3.2 Business model disclosure manipulation
3.3.3 Usefulness of business model disclosure
3.3.4 Business model disclosure in integrated reports
3.3.5 Business model disclosure through different channels than the annual report
3.3.6 Discussion of empirical findings on business model disclosure
3.4 The assessment of business model disclosure: methodological issues and further developments
3.4.1 Current issues in business model disclosure assessment
3.4.2 How to address issues in evaluating business model disclosure: combining different approaches
3.4.3 Developing business model disclosure indexes
3.4.4 The application of business model disclosure quality score
4 The implications of business model disclosure
4.1 Opportunities and challenges of business model disclosure for preparers
4.2 Relevance of business model disclosure for users
4.3 Regulators and business model disclosure
4.4 Future research avenues on business model disclosure
5 Concluding remarks
Index
