The impact of complex business strategy on annual report readability

• Autorzy: Hernanda Syaskiah Rizky , Nasih Mohammad

Identyfikatory

DOI

10.17512/pjms.2020.22.1.11

Warianty tytułu

PL

Wpływ złożonej strategii biznesowej na czytelność raportu rocznego

• Języki publikacji: EN

Abstrakty

EN

This paper aims to investigate the relationship between business strategy and readability in Indonesia. This study uses a sample of 681 firm-year observations from the firms listed in the Indonesia Stock Exchange (IDX) between 2006 and 2017 for the 2010-2017 business strategy score. Data are processed using ordinary least square regression to establish the analysis result. This study finds that business strategy has a positive and significant relationship with annual report readability. These findings suggest that firms with more complex strategy produce less readable annual report while firms following less complex strategy generate better annual report readability. Business strategy influences a firm's operating complexity and environmental uncertainty, resulting in the variance of disclosures readability and complexity. This study results in the policymakers, investors, auditors and other stakeholders to consider a firm's business strategy in comprehending the annual report regarding decision-making.

PL

Artykuł ma na celu zbadanie związku między strategią biznesową a czytelnością w Indonezji. W tym badaniu wykorzystano próbę 681 rocznych obserwacji firm notowanych na indonezyjskiej giełdzie papierów wartościowych (IDX) w latach 2006-2017 dla oceny strategii biznesowej 2010-2017. Dane są przetwarzane przy użyciu zwykłej regresji najmniejszych kwadratów w celu ustalenia wyniku analizy. Z badania wynika, że strategia biznesowa ma pozytywny i istotny związek z czytelnością raportu rocznego. Wyniki te sugerują, że firmy o bardziej złożonej strategii generują mniej czytelny raport roczny, podczas gdy firmy stosujące mniej złożoną strategię generują lepszą czytelność raportu rocznego. Strategia biznesowa wpływa na złożoność operacyjną firmy i niepewność środowiskową, powodując różnice w czytelności i złożoności ujawnień. Badanie to skłania decydentów, inwestorów, audytorów i innych interesariuszy do rozważenia strategii biznesowej firmy przy zrozumieniu rocznego raportu dotyczącego podejmowania decyzji.

Słowa kluczowe

EN

business strategy; prospector; defender; readability; firm performance

PL

strategia biznesowa; poszukiwacz; obrońca; czytelność; wydajność firmy

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2020
• Tom: Vol. 22, No. 1
• Strony: 169--185
• Opis fizyczny: Bibliogr. 31 poz., tab.

Twórcy

autor

Hernanda Syaskiah Rizky

• Faculty of Economic and Business, Universitas Airlangga, Indonesia

autor

Nasih Mohammad

• Faculty of Economic and Business, Universitas Airlangga, Indonesia

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2021).