The Future of Corporate Reporting: Integrated Reporting

  • Mert Sarıoğlu Ph.D. Candidate, Graduate School of Social Sciences, Dokuz Eylul University, İzmir, Turkey
  • Ali Fatih Dalkılıç Professor, Department of Business Administration, Faculty of Business, Dokuz Eylul University, İzmir, Turkey
  • Mustafa Gürol Durak Associate Professor, Department of Business Administration, Faculty of Business, Yasar University, İzmir, Turkey

Abstract

In the today’s business world, it is inevitable to be affected by the rapid changes in terms of companies. Without doubt that the current reporting practices have been impressed by changes as well. Though all stakeholders want to be informed more in a simplest way, many stand-alone and genuinely long reports have been still prepared by companies to demonstrate their financial and non-financial outcomes. However, it is inadequate to assess them separately to see entire story. Additionally, creating value side of current reports are still being debated. Therefore, corporate reporting must move a step forward to express more with less, which called as “Integrated Reporting” (IR) that combines the all pieces of puzzle. It isn’t only integrated both financial and non-financial knowledge into a single and brief report, but also integrated thinking of all aspects of businesses in terms of creating value over time. Accordingly, the aim of this study is to emphasize advancements in corporate reporting towards the IR. Also, it aims to explain its meaning, main aspects, and effect on the business environment. Today, companies should comply with IR, and this study is essential to contribute to the literature, subsequent studies, and companies and organization.

 

Keywords: Corporate Reporting, Integrated Reporting

JEL Classification Codes: M40, M49

Author Biographies

Mert Sarıoğlu, Ph.D. Candidate, Graduate School of Social Sciences, Dokuz Eylul University, İzmir, Turkey

Ph.D. Student, Ph.D. in Business Administration 

Mustafa Gürol Durak, Associate Professor, Department of Business Administration, Faculty of Business, Yasar University, İzmir, Turkey

Yasar University, Faculty of Business

Published
2019-12-31
How to Cite
Sarıoğlu, M., Dalkılıç, A., & Durak, M. (2019). The Future of Corporate Reporting: Integrated Reporting. International Journal of Contemporary Economics and Administrative Sciences, 9(2), 327-347. https://doi.org/10.5281/zenodo.3596090
Section
Articles