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NATURAL CAPITAL IN INTEGRATED BUSINESS MODEL REPORTING - RESEARCH RESULTS
Abstract
A business model consists of specific components that enable the presentation of the path and tools for creating value or its loss in the activities of enterprises. Classically, from the accounting science research point of view and in accordance with the disclosure map proposed by the International Integrated Reporting Council (IIRC), there are four main components of a business model: inputs (capitals), business activities, outputs and outcomes. The research subject presented in the paper is inputs, which include the following capitals: financial, manufactured, human, intellectual, social and relationship, natural, with particular focus on natural capital. This capital is one of the three main links in reporting on corporate social responsibility (CSR) presented in the form of CSR reports, and today, mostly in integrated reports. Methods: The research objective is to examine the number of disclosures about natural capital and other inputs of the business model, along with the assessment of the relationship with selected factors in the surveyed companies. Results: The authors advance the thesis that the amount of information on natural capital and other inputs of a business model is a variable depending on selected economic factors. Conclusions: The authors take the view that the discussion on capitals of a business model will contribute to the increased interest of enterprises in reporting on natural capital, which, the authors consider, will be a positive market phenomenon and will broaden the research field.
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