Corporate accountability and stakeholder connectivity. A case study. Issue 5 (2nd December 2019)

• Record Type: Journal Article
• Authors: Masiero, Eleonora; Arkhipova, Daria; Massaro, Maurizio; Bagnoli, Carlo
• Is Part Of: Meditari accountancy research. Volume 28:Issue 5(2020)
• Page Start: 803
• Page End: 831
• Publication Date: 2019-12-02
• Subjects: Case study -- EU Directive -- Accountability -- Connectivity; Accounting -- Periodicals; Finance -- Periodicals; 657.05
• DOI: 10.1108/MEDAR-03-2019-0463
• Languages: English
• ISSNs: 2049-372X

Abstract

Abstract : Purpose: This paper aims to investigate how relational connectivity can enhance accountability through non-financial reporting regulation in Europe. The paper contributes to the mandatory disclosure literature and provides practical implications for the application of the EU Directive 2014/95/EU. Design/methodology/approach: A case study research methodology is used, analyzing how a listed Italian insurance company embraces a dialogic communication approach with stakeholders along 2018. Findings: From a theoretical standpoint, this paper enhances the scholarly understanding of the relevance and role of the concept of relational connectivity as a mean for effectively enhancing accountability, providing some prerequisites for effectively implementing relational connectivity. From a practical perspective, results address the criticism related to the directive 2014/95/EU guidelines in effectively helping the organization toward enhancing accountability. Through a case study, results show how companies can achieve in practice the goal of enhancing corporate accountability. Originality/value: The paper is original, as it addresses the topic of relational connectivity applied to the EU Directive 2014/95/EU. Results contribute to the development of the understanding of the mandatory disclosure in a dialogic perspective. Additionally, the paper addresses a case study showing how the analyzed company used relational connectivity to engage an effective dialogue with stakeholders.