A review of integrated reporting practices of JSE-listed companies: evidence of integrated thinking

PurposeThis study reviews the integrated reporting practices of companies listed on the Johannesburg Stock Exchange (JSE) to identify features that point to evidence of an integrated thinking logic taking hold at organisations.Design/methodology/approachThe study is based on the 60 largest entities listed on the JSE by market capitalisation. Using a content analysis, the integrated reports of the companies were systematically coded according to predefined dimension indicators. Descriptive statistics are used to establish correlations among the disclosure themes, allowing for elements of an integrated thinking logic to be identified.FindingsReporting practices of organisations remain varied. Some companies are pioneering new ways to deal with the interconnectivity of information, multi-capital management and sustainable development. Others continue to see integrated reporting as an exercise in aggregating financial statements and environmental and social disclosures. The extent to which organisations have internalised integrated thinking provides a possible explanation for these differences.Research limitations/implicationsThe study used only publicly available information to assess integrated thinking indirectly.Originality/valueA matrix exploring features of integrated thinking can inform management, investors and other stakeholders of areas in the business where an integrated approach is necessary in order to assess the organisation’s accounting and governance systems, improving decision-making processes and stakeholder communication.