signaling theory

VOLUNTARY DISCLOSURE OF INFORMATION IN THE CONTEXT OF CONTEMPORARY ECONOMIC THEORIES OF ACCOUNTING

Purpose – The purpose of the article is to summarise economically oriented accounting theories and to examine their explanatory potential regarding the voluntary disclosure of accounting information by business entities. The study focuses on the theoretical interpretation of voluntary disclosure through the lens of signalling, agency, and resource dependence theories, along with a critical assessment of the applicability of impression management theory to accounting practices.