UTJECAJ VRSTE REVIZORA I PODRUCJA DJELATNOSTI NA DOBROVOLJNO IZVJESTAVANJE U HRVATSKOJ

The aim of this study is to investigate the influence of two characteristics, the groups of auditors (Big Four and other auditors) and industry sectors on the level of voluntary disclosure in Croatia. The research was conducted on the sample of 30 commercial companies listed on the Zagreb Stock Exchange in the period from 2009 to 2013. The level of voluntary disclosure is ranked by the unweighted voluntary disclosure index. The obtained results show that the level of voluntary disclosure statistically significantly varies depending on the group of auditors and the industry sector of the companies. It has been proven that the companies audited by the Big Four announce higher annual reports quality due to the amount of disclosed information. Furthermore, the difference between the companies was examined regarding the industry sector and the level of voluntary disclosure. The findings indicate that information and communication companies announce the highest level of information in their annual reports while accomodation and catering industry disclose the lowest level of information in their annual reports.