Abstract
The main aim of the study is to analyse published information on staff-related social policies on the websites and in the annual financial statements of enterprises that manage hotels and provide hotel services in the territory of Varna and Burgas Black Sea regions in Bulgaria. In addition, analysed are some factors that impact disclosures in the financial statements of enterprises. The adopted research methods are the logical, deductive and comparative methods, as well as the methods of analysis and synthesis. To verify the author's hypotheses the IBM – SPSS Statistics software, ver. 19 has been used. The main results of the study show that the analysed hotel enterprises disclose scarce or no information on staff related data and social policies on their websites or in their financial statements. Disclosures mainly focus on compliance with legal requirements and they are most significantly influenced by available audit control and selected accounting basis. This could lead to asymmetry in the data, lowering the prestige of the organisation, problems with recruitment of qualified staff and unjustified economic decisions by data users
Highlights
Today, the idea of developing and implementing appropriate social, environmental and economic policies and strategies at the microeconomic level has acquired an increasing relevance in terms of sustainable tourism development
This study aims to analyse the information about staff-related social policy published on the websites and in the annual financial statements of enterprises that manage hotels and provide hotel services
The Accountancy Act provides for the constituent parts of the annual financial statements of the organisations falling within the hypotheses to have a balance sheet, a profit and loss account, and an appendix
Summary
The idea of developing and implementing appropriate social, environmental and economic policies and strategies at the microeconomic level has acquired an increasing relevance in terms of sustainable tourism development. The European Commission has defined the CSR of enterprises as their impact on society by introducing a process to integrate social, environmental, ethical, human rights, and consumer concerns into their business operations and core strategy (European Commission, 2020) This should be achieved in close collaboration with stakeholders to maximise the creation of shared value for the management body of the organisation, the shareholders and society as a whole, and identifying, preventing and mitigating their possible adverse impacts (Commission Staff Working document, 2019). Without detracting from the importance of responsible tourism, for the aims of this study, social responsibility will be subject to a more detailed analysis It is done in the context of a process to identify the needs of the stakeholders concerning the level of responsibility for the collective welfare of society, environment and the economy (Dahlsrud, 2008) at individual, local, regional and global level (Paskova and Zelenka, 2019), leading to the achievement of sustainable development It is done in the context of a process to identify the needs of the stakeholders concerning the level of responsibility for the collective welfare of society, environment and the economy (Dahlsrud, 2008) at individual, local, regional and global level (Paskova and Zelenka, 2019), leading to the achievement of sustainable development (Lund-Durlacher, 2015, p. 60)
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