Integrated Reporting: The Next Step Ahead for a Sustainable Society

Radu-Dan Turcu
Additional contact information
Radu-Dan Turcu: The Bucharest University of Economic Studies, Romania

European Journal of Business Science and Technology, 2015, vol. 1, issue 1, 65-77

Abstract: The recent global developments have emphasized the limits of the actual corporate reporting system. Today's organizations experience a growing pressure exercised by various types of stakeholders as a result of the increasingly public concern regarding environmental and social issues. Hence, companies must assume their responsibility for the improvement of the environment and society within which they operate materialized through the disclosure of sustainability and corporate responsibility information. The main challenge is not to simply increase the amount of information provided inside the annual reports, but to increase their relevance through new, comprehensive and condensed reporting practices which combine and interconnect financial and nonfinancial data. Accordingly, the concept of integrated reporting is founded. Despite its necessity and adequacy, differences among countries regarding the adoption of integrated reporting exist. This paper aims to analyze the relation between the number of integrated reports issued by companies inside a country in relation with its economic, social and environmental performances. The results found that there is a higher commitment from companies, belonging to more developed countries, to make their contribution towards the development of integrated reporting concept and practice.

Keywords: integrated reporting; sustainable development; sustainability (search for similar items in EconPapers)
JEL-codes: M40 M41 Q01 Q56 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://ejobsat.cz/doi/10.11118/ejobsat.v1i1.38.html (text/html)
http://ejobsat.cz/doi/10.11118/ejobsat.v1i1.38.pdf (application/pdf)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:men:journl:v:1:y:2015:i:1:p:65-77

DOI: 10.11118/ejobsat.v1i1.38

Access Statistics for this article

European Journal of Business Science and Technology is currently edited by Svatopluk Kapounek

More articles in European Journal of Business Science and Technology from Mendel University in Brno, Faculty of Business and Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ivo Andrle ().