Theoretical Insights on Integrated Reporting: Valuing the Financial, Social and Sustainability Disclosures
Camilleri, M.A. (2019). Theoretical Insights on Integrated Reporting: Valuing the Financial, Social and Sustainability Disclosures. In: Idowu S., Del Baldo M. (eds) Integrated Reporting. CSR, Sustainability, Ethics & Governance. Cham, Switzerland, Springer Nature.
26 Pages Posted: 27 Jun 2019
Date Written: January 5, 2019
Organisations are increasingly disclosing financial and non-financial performance as they are becoming more accountable and transparent to the providers of capital and other interested parties. Most of them are clearly specifying their environmental, social and governance (ESG) content, materiality and assurance mechanisms in their corporate disclosures. Very often, the organisations integrate financial, social and sustainability reporting. In this light, this chapter provides a critical review of key theoretical underpinnings that have anticipated the development of the corporations’ integrated disclosures. Afterwards, it describes the International Integrated Reporting Council’s IR Framework and its guiding principles. This contribution posits that there are potential tensions and challenges for those organisations who intend using the IR Framework. In conclusion, this chapter outlines future avenues as it identifies knowledge gaps in the realms of integrated reporting.
Keywords: Integrated Reporting, IR, Financial Reporting, Non-Financial Reporting, Corporate Social Responsibility, CSR, CSR Reporting, Integrated Disclosures
JEL Classification: M00, M1, M10, M14, M16, M3, M30, M31, M4, M40
Suggested Citation: Suggested Citation