A study of intangible assets disclosure as factor for sustainability: an evidence from Bulgarian furniture enterprises

In a constantly changing economic and political environment, textual disclosures in the financial statements of enterprises are factors used for measuring the sustainability of the micro-organization and, hence, at the macro-level throughout an industry. Main object of analysis is the disclosed information by Bulgarian furniture enterprises regarding their intangible assets. Main goal of the paper is to analyze some factors that have impact on the disclosures and to outline the published mandatory and voluntary data. Subjects of the study are published financial statements and the accompanying notes. Adopted research methods are logical, deductive and comparative methods, as well as the methods of content analysis and synthesis. The study of statistical relationships and dependencies is based on the Chi - square test. The results of the study support the development of the literature by presenting a more in-depth analysis of the level and the factors influencing the disclosure of intangible assets data by Bulgarian furniture enterprises