Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10198/28584 |
Resumo: | Integrated reporting is essentially a voluntary practice worldwide. For this reason, although it is growing, its diffusion is slow. Based on the Portuguese context, where a reduced number of listed companies publish integrated reports, this study aims to explore the drivers and barriers for the voluntary adoption of integrated reporting and the reporting practices up to the production of an integrated report. To this end, an analytical framework based on the Diffusion of Innovation Theory was developed and applied to data collected from a survey and corporate reports from both “adopters” and “non-adopters”. The evidence collected suggests that the adoption of integrated reporting may be driven by the perception of a relative advantage over traditional reporting in terms of providing more relevant information to capital providers, particularly banks. The publication of an integrated report appears to be the result of a process of incremental improvements in the practice of disclosure and assurance of non-financial information, so that the previous experience with sustainability reporting is also an important driver for voluntary integrated reporting. Finally, companies may be differently prepared for transition to integrated reporting and, therefore, have different perceptions of its cost and complexity, which may act as a barrier. |
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Towards the voluntary adoption of integrated reporting: drivers, barriers, and practicesIntegrated reportIIRC<IR> frameworkVoluntary disclosureSustainability reportingPortugalIntegrated reporting is essentially a voluntary practice worldwide. For this reason, although it is growing, its diffusion is slow. Based on the Portuguese context, where a reduced number of listed companies publish integrated reports, this study aims to explore the drivers and barriers for the voluntary adoption of integrated reporting and the reporting practices up to the production of an integrated report. To this end, an analytical framework based on the Diffusion of Innovation Theory was developed and applied to data collected from a survey and corporate reports from both “adopters” and “non-adopters”. The evidence collected suggests that the adoption of integrated reporting may be driven by the perception of a relative advantage over traditional reporting in terms of providing more relevant information to capital providers, particularly banks. The publication of an integrated report appears to be the result of a process of incremental improvements in the practice of disclosure and assurance of non-financial information, so that the previous experience with sustainability reporting is also an important driver for voluntary integrated reporting. Finally, companies may be differently prepared for transition to integrated reporting and, therefore, have different perceptions of its cost and complexity, which may act as a barrier.Biblioteca Digital do IPBCarmo, CecíliaCorreia, InêsLeite, JoaquimCarvalho, Amélia2023-07-25T09:08:48Z20232023-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10198/28584engCarmo, Cecília; Correia, Inês; Leite, Joaquim; Carvalho, Amélia (2023). Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices. Administrative Sciences. ISSN 2076-3387. 13:610.3390/admsci13060148info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-21T11:02:18Zoai:bibliotecadigital.ipb.pt:10198/28584Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T23:18:26.440236Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
title |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
spellingShingle |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices Carmo, Cecília Integrated report IIRC <IR> framework Voluntary disclosure Sustainability reporting Portugal |
title_short |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
title_full |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
title_fullStr |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
title_full_unstemmed |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
title_sort |
Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices |
author |
Carmo, Cecília |
author_facet |
Carmo, Cecília Correia, Inês Leite, Joaquim Carvalho, Amélia |
author_role |
author |
author2 |
Correia, Inês Leite, Joaquim Carvalho, Amélia |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Biblioteca Digital do IPB |
dc.contributor.author.fl_str_mv |
Carmo, Cecília Correia, Inês Leite, Joaquim Carvalho, Amélia |
dc.subject.por.fl_str_mv |
Integrated report IIRC <IR> framework Voluntary disclosure Sustainability reporting Portugal |
topic |
Integrated report IIRC <IR> framework Voluntary disclosure Sustainability reporting Portugal |
description |
Integrated reporting is essentially a voluntary practice worldwide. For this reason, although it is growing, its diffusion is slow. Based on the Portuguese context, where a reduced number of listed companies publish integrated reports, this study aims to explore the drivers and barriers for the voluntary adoption of integrated reporting and the reporting practices up to the production of an integrated report. To this end, an analytical framework based on the Diffusion of Innovation Theory was developed and applied to data collected from a survey and corporate reports from both “adopters” and “non-adopters”. The evidence collected suggests that the adoption of integrated reporting may be driven by the perception of a relative advantage over traditional reporting in terms of providing more relevant information to capital providers, particularly banks. The publication of an integrated report appears to be the result of a process of incremental improvements in the practice of disclosure and assurance of non-financial information, so that the previous experience with sustainability reporting is also an important driver for voluntary integrated reporting. Finally, companies may be differently prepared for transition to integrated reporting and, therefore, have different perceptions of its cost and complexity, which may act as a barrier. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-07-25T09:08:48Z 2023 2023-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10198/28584 |
url |
http://hdl.handle.net/10198/28584 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Carmo, Cecília; Correia, Inês; Leite, Joaquim; Carvalho, Amélia (2023). Towards the voluntary adoption of integrated reporting: drivers, barriers, and practices. Administrative Sciences. ISSN 2076-3387. 13:6 10.3390/admsci13060148 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799135480550260736 |