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Integrated reporting: The current state of empirical research, limitations and future research implications

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  • Patrick Velte

    () (Leuphana University of Lueneburg)

  • Martin Stawinoga

    (Helmut-Schmidt-University/University of the Federal Armed Forces Hamburg)

Abstract

Abstract In view of the increased demand for non-financial reporting after the financial crisis of 2008/2009, integrated reporting (IR) plays a key role in management control and stakeholder relations management. As a consequence of “integrated thinking” IR combines traditional financial accounting with sustainability and corporate governance related issues to enhance the decision usefulness of modern business reporting. Although there has been steady growth in the awareness of IR research (Eccles et al. J Appl Corp Finance 27:8–17, 2015), the current state of empirical IR research activities is not well described so far. This literature review evaluates 44 empirical studies on IR which were published especially after the adoption of the IR framework by the International Integrated Reporting Council (IIRC) in December 2013. We will briefly introduce the IR research agenda, which provides a clear structure for the analysis of current empirical research activities in this field. For the market, organization and individual/group decision level, we show which factors contribute to IR implementation and IR quality. Furthermore, empirical research focuses on market reactions to IR. We also stress the limitations of the studies and provide useful recommendation for future IR research activities for each level of analysis.

Suggested Citation

  • Patrick Velte & Martin Stawinoga, 2017. "Integrated reporting: The current state of empirical research, limitations and future research implications," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 28(3), pages 275-320, October.
  • Handle: RePEc:spr:jmgtco:v:28:y:2017:i:3:d:10.1007_s00187-016-0235-4
    DOI: 10.1007/s00187-016-0235-4
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    References listed on IDEAS

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    1. repec:ers:journl:v:xxi:y:2018:i:special3:p:142-153 is not listed on IDEAS
    2. repec:eee:accfor:v:42:y:2018:i:2:p:184-198 is not listed on IDEAS
    3. Shanti, 2018. "The Effect of Integrating Reporting on Earnings Quality: A Study of Family Firms in Indonesia," GATR Journals jfbr144, Global Academy of Training and Research (GATR) Enterprise.
    4. repec:spr:jmgtco:v:28:y:2017:i:3:d:10.1007_s00187-017-0253-x is not listed on IDEAS
    5. repec:gam:jsusta:v:11:y:2019:i:7:p:1960-:d:219366 is not listed on IDEAS
    6. repec:gam:jsusta:v:11:y:2019:i:3:p:713-:d:201831 is not listed on IDEAS

    More about this item

    Keywords

    Integrated reporting; Legitimization theory; Institutional theory; Behavioural decision theory; Resource dependency theory; Empirical research;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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