Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – Analysis and assessment of the quality of the practice of business model disclosures contained in the 2015 reports of the public companies listed in the WIG20 index. Design/methodology/approach – The authors analysed the business model disclosures contained in the management commentaries of public companies listed in the WIG20 index for the fiscal year of 2015. The authors used the elements of the business model in line with the Integrated Reporting Framework presented by the IIRC. The study used research methods such as content analysis of corporate publications and a comparative analysis. Findings – The authors showed that companies rarely use the term “business model” in the management commentary, and whenever they do, it is only through individual references without any insightful discussion. It should, however, be noted that the analysis of the informative content of the reports allows for identification of a number of elements of the business model. It can be also found that the informative content of the reports provides a sufficient basis for production of integrated reports. Originality/value – The subject of the business model disclosures in corporate reports is gaining great importance today, particularly with regard to the integrated reporting guidelines developed by the IIRC, thus the need to do research in this area is well justified.