TY  - JOUR
T1  - Empirical study regarding non-financial disclosure for social conscious consumption in the Spanish e-credit market
A1  - Herrador-Alcaide, Teresa
A1  - Hernández-Solís, Montserrat
Y1  - 2019///
KW  - ANOVA
KW  - Accountability
KW  - Conscious consumption
KW  - European union consumers
KW  - Informed decisions
KW  - Kolmogorov-Smirnov
KW  - Non-financial disclosure
KW  - Spain
KW  - Sustainability
JF  - Sustainability (Switzerland)
VL  - 11
IS  - 3
DO  - 10.3390/su11030866
L1  - file:///E:/jurnal/2023/j of economics and business/paper/Hernandez 2019 Empirical_Study_Regarding_Non-.pdf
N2  - Non-financial disclosure is an objective in The European Union to improve a sustainable economy where consumers can make conscious decisions, especially regarding the role of financial technology. Complete information is considered one that offers financial and non-financial information. Government and supranational authorities are starting to promulgate rules to construct a reasonable framework for non-financial disclosure. One consumer might make a social conscious decision if the information disclosed meets to the Directive 2014/95/UE guidelines. In order to analyse this condition in the e-credit market in Spain, this research measures the rank of compliance of European standards in non-financial disclosure. The main finding of this research is that non-financial information disclosure in the Spanish e-credit market is not sufficient to make informed decisions. Due to the fact that most of the non-financial information is focused on social issues related to a company's commitment to sustainability, non-financial information plays a relevant role in the building of an economically sustainable society. Our findings show that the level of non-financial disclosure in the Spanish e-Credit market is low, what supposes there is not an adequate informative base to decision making according to European standards on non-financial information. By considering the effect of usual disclosure drivers in this research field, the e-credit market sector was the only positive factor to disclose more non-financial information. Nevertheless, company size, company seniority and company location were not significant factors for non-financial disclosure.
ER  -