جستجوی مقالات مرتبط با کلیدواژه « integrated reporting » در نشریات گروه « حسابداری »

There are always incentives for agency problems in firms due to potential conflicts of interest among managers, shareholders, and stakeholders. Therefore, efforts to disclose appropriate and high-quality information are one of the approaches to reduce agency conflicts. Since integrated reporting is viewed as a future-oriented approach, it is crucial to assess the potential consequences of adopting an integrated reporting framework on financial reporting quality, taking agency motives into account This research analyzed the impact of the level of reporting convergence toward an integrated framework on financial reporting quality and agency conflicts.

To measure reporting convergence toward integrated reporting, a checklist was used that was designed based on the international integrated reporting framework. The integrated reporting framework is principles-based. The purpose of this framework is to establish guiding principles and content elements that govern the overall content of an integrated report. The guiding principles underpin the preparation and presentation of an integrated report, informing the content and how information is presented, while the content elements provide details of the information to be reported. Earnings quality, as a proxy for financial information quality, was assessed based on the inverse absolute value of residuals' standard deviation derived from an accrual model at the firm level. Agency cost, as a proxy for conflict of interest, was measured using an efficiency criterion based on the ratio of operational expenses to operational revenues. The research population includes 144 firms listed on the Tehran Stock Exchange over seven years from March 2016 to March 2023. Multivariable panel regression models, based on firm-year observations, were used to test the research hypotheses.

The findings showed that an increase in convergence level toward an integrated reporting framework improved earnings quality and reduced agency costs. Additionally, although agency costs reduced earnings quality, information disclosure based on integrated reporting mitigated this effect, thereby improving reported earnings quality. Firms that have a higher level of information disclosure following the integrated reporting framework use fewer earnings management tricks and exhibit higher earnings quality. Furthermore, the impact of implementing integrated reporting on earnings quality can be influenced by agency costs. Integrated reporting, as a superior information disclosure mechanism, strongly relates to financial information quality in firms facing agency costs. The effectiveness of integrated reporting is more pronounced in firms with agency problems.

The results indicated that the improvement in transparency and completeness of information disclosure, due to the reporting convergence toward an integrated framework, increases financial information quality, especially earnings quality, over time. In addition, focusing on the benefits of integrated reporting mitigates agency conflicts and reduces agency costs. Acceptance of new reporting approaches requires studying their dimensions and possible future consequences. Since the movement toward an integrated reporting framework in Iran is not accompanied by specific requirements, it is suggested to analyze the challenges, opportunities, threats, drivers, barriers, and consequences of the integrated reporting approach by focusing on the information needs of interested groups.

This study aims to uncover the factors influencing the acceptance of integrated reporting. The goal is to find how attitudes and behavioral intentions of university managers could be positively influenced and how the adoption of integrated reporting can be made easier.

To achieve the research goal, a quantitative research design was used. Questionnaires were used to gather the required data. They were filled out by the board of directors' members, including the University president, Vice president of education, Vice president of research and technology, Vice president of finance and administration, Vice president of culture, Vice president of students, and Director of monitoring and evaluation, from 30 leading public universities in Iran. The obtained data were analyzed by fitted structural equations. The criterion used to select the top universities was the most recent ranking listed in the reference database of Islamic World Sciences.

The final version of the acceptance model of integrated reporting showed that the acceptance process consists of four consecutive and path-dependent stages. The stages include knowledge; attitude (persuasion); behavioral intention (before decision); and acceptance or rejection (decision). Each stage is influenced by several innovation-specific or individual-specific variables. The specific variables of innovation include the characteristics of integrated reporting perceived by university senior managers, including perceived relative advantage, compatibility, lack of risk, and lack of complexity. The individual characteristics of these managers, such as mental norms and perceived behavior control, as well as determinants of change like perceived necessity, obligation, and guidance, are considered. Based on the presented empirical evidence, it can be claimed that the process of accepting integrated reporting in Iranian universities aligns with the Rogers decision-innovation process model. Therefore, the adoption of this new way of reporting, like many innovations, goes through the stages of knowledge, attitude, intention, and behavior. Meanwhile, the factors affecting each stage show their effects hierarchically through the mediating variables mentioned.

This research emphasizes the importance of a process approach in studying the dissemination and adoption of integrated reporting. It urges researchers to meticulously explore the hierarchy of innovation factors or specific variables, along with individual variables, understanding their impact mechanisms thoroughly. The outcomes of this research can inform the development of policies by the Iranian Ministry of Science regarding university reporting practices. The findings of this research determine how to smooth the path of acceptance of this new way of reporting. Research findings also demonstrated that decision-makers in the realm of adopting integrated reporting are primarily swayed by the perceived characteristics of this reporting method while paying minimal heed to its inherent features. The results obtained help planners to focus on trying to create a positive perception of people about the features of this innovation instead of focusing on the technical issues of integrated reporting. Therefore, it is advisable to conduct workshops, publish books and articles, and employ other methods of information dissemination and persuasion to enhance individuals' comprehension of the relative advantages and compatibility of this reporting method. This can alleviate concerns about the complexity of implementation and the risks associated with its adoption failure. Also, it is recommended that the administrators provide the necessary facilities for accepting integrated reporting and offering the necessary training to university employees. This will establish a foundation for university administrators to appraise positively the readiness of their team to accept and implement integrated reporting. In addition, By generating social pressures from both external and internal stakeholders, as well as reference groups, to develop and publish integrated reports in universities, it is feasible to reinforce the mental norms of university administrators in this direction. With the leading universities of the country taking the lead in this area, imitative mental norms can positively influence managers in other universities.

Motivational values are a factor influencing the use of integrated reporting. The purpose of this study is to help explain the concept of integrated reporting and use value-added as a practical, appropriate and useful tool for companies to use the concept of integrated reporting and provide a model of the impact of motivational values on its implementation. The method of the present study is descriptive-survey. The statistical population of the present study is managers, financial managers and auditors in 1399, of which 203 people have been selected. The tool used in the research is a questionnaire and in order to analyze the data, the structural equation model using LISREL software has been used.Since motivational values are a factor influencing the disclosure of information based on integrated reporting, and given that motivational values include values based on individual interests and values based on public interest, the findings suggest that the principles of integrated reporting are based on values based on In the public interest.Based on the findings of this study, motivational values are a factor affecting the preparation and presentation of value added form as one of the tools of integrated reporting. So that people with motivational values based on public interest are more inclined to integrate reporting.

The purpose of this paper is to review the effect of integrated reporting on earnings quality with emphasis on agency costs in the companies listed at Tehtan Stock Exchange.

This research is applied in terms of purpose and the information of 149 companies during 2013 to 2021 has been used. To analyze the findings, Structural Equation and partial least square were used, which provide the possibility of examining direct and indirect relationships between variables.

The results showed that integrated reporting has a positive and significant effect on earnings quality. Also, agency costs have a positive and significant effect on the relationships between earnings quality and on integrated reporting.

The International Framework for Integrated Reporting sets the dual goals of improving information for external supplires of capital and better internal decision making for integrated reporting. If disclosure mechanisms are more transparent, information will be provided with better quality. Integrated reporting as a disclosure mechanism has a positiv effect on accounting information and especially the quality of reported earnings. If the earnings quality is high, it is expected that managers will show more willingness to disclose additional information. Based on this, agency costs are also reduced.

Contribution: 

Integrated Reporting through the provision of clear and comprehensive information allows internal decision makers to make optimal decisions that improve the company’s performance. The results of this paper consider it necessary to pay attention to the role of integrated reporting. Also, examining different earnings quality criteria and considering agency costs as moderating variables and measuring variables using multiple criteria and evaluating their validity based on structural equation modeling is considered as research innovation.

Global crises have contributed to the importance and dominance of reporting, particularly integrated reporting in such dimensions of general management as performance, sustainability, and environmental and social reporting. Therefore, the identification of corporate specifications contributing to the improvement of the integrated reporting quality deserves particular attention. The present study employs both qualitative and quantitative approaches to scrutinize the corporate characteristics influencing the integrated reporting quality. From the qualitative perspective, the meta-analysis method serves to recognize factors, among which the influencing ones are identified using two-phase Delphi questionnaire based on experts’ opinions. From the quantitative approach, on the other hand, the data collected from 120 firms listed on the Tehran Stock Exchange during the years 2011-2017 is used to analyze the effect of these factors on the integrated reporting quality. The regression analysis based on panel data is also employed to test the research hypotheses. The results indicate that firm size and growth opportunity are positively correlated with integrated reporting quality. It is also revealed that institutional ownership has a significantly negative association with integrated reporting quality. Corporate governance quality also shows no significant connection with integrated reporting.

Integrated Reporting As the latest development of reporting, it has created a new era of providing and communicating financial and non-financial information and value creation. This has made business sustainability and social responsibility more important. The main purpose of this study is to formulate and explain the model of factors affecting integrated reporting by heuristic mixed method. For this purpose, first the qualitative part, using the data method of the foundation and interviewing 19 experts by snowball sampling method, integrated reporting categories and stimuli including causal conditions, background conditions, intervening conditions, strategies and consequences were formulated and modeled. The final was presented. In the quantitative part, research hypotheses were developed and to test them, a questionnaire was designed and information was collected by 368 people who did not participate in the qualitative part. Hypotheses were collected and tested by structural equation method using smart PLS software. The results of the quantitative stage showed that the causal category (legal requirements and conditions and political and economic relations) affects the central category (integrated reporting), the central category (integrated reporting) affects strategies, the intervening condition (instructions and characteristics of the company's management) It affects the strategies, the context conditions (accountability and evaluation system and company facilities) affect the strategies and the leaders (creating a responsible institution and setting the standard and training) affect the consequences.

This paper analyzed the consequences of financial reporting convergence towards integrated reporting in Iran's capital market focusing on agency cost and cost of equity capital. In order to measure the financial reporting convergence towards integrated reporting, a checklist has been used which designed based on the international integrated reporting framework. The agency cost measured using the efficiency criterion based on the ratio of operational expenses to operational revenues. The cost of equity capital estimated based on the expected rate of return using the capital assets pricing model. The research population includes 144 firms listed in the Tehran Securities & Exchange over March 2016 till March 2021. Multivariable regression models were used to test research hypotheses. The findings showed that increase in convergence level of firms’ financial reporting with integrated reporting framework has reduced agency cost and cost of equity capital. These findings suggested that focusing on the benefits of integrated reporting through transparency and completeness of information disclosure has weakened agency conflicts and reduced agency costs. In addition, integrated reporting has reduced the cost of capital in financing decisions due to the adoption of sustainable business model from integrated thinking and the reduction of information asymmetry due to greater transparency for more informed forecasting.

This study aims to detect the indicators of integrated reports to identify the specific challenges of higher education. This research examines the content of the reports provided by the universities. It is based on the analysis of report contents provided by several pioneer universities in this field. It seeks to identify types of reports prepared in the universities and to designate the types of reports with more informational content to create an important base for moving towards effective integrated reporting. This study uses content analysis to investigate the disclosure of accounting and non-accounting information. Content analysis is empirically valid in corporate, social, ethical, and environmental reports. The study seeks to identify the framework of integrated reporting in universities and the research questions include 1. In general, what kind of reports are prepared in universities? 2. What is the most complete and comprehensive type of report in terms of disclosure of indicators and information content? 3. What are the components and indicators of integrated reporting in universities? 4. Which indicators have the highest frequency among the reviewed reports? The results of this research can be useful for policymakers and legislators who decide to implement and standardize sustainability or integrated reporting in higher education centers. In addition, the results can be valuable for managers and financial managers in universities who wish to follow such new trends. Also, the findings can serve as a learning process for institutions interested in implementing integrated reporting. In addition, the results of the present study are important for other stakeholders, such as students, academics, etc., to encourage universities to address integrated reporting issues in their reporting because this will increase their impact on society. This study was implemented in two phases. Firstly, the texts related to reporting in universities were searched and reviewed, and then a thematic content analysis was done to identify the main topics and themes hidden in the search. This research is designed by exploring the reports submitted by 48 top universities in the field of reporting. These universities prepared 58 different reports based on their needs. The reports include annual, social, impact, financial, and sustainability reports. Purposive sampling was used to select the reports of higher education centers. Therefore, at least 5 top universities from each continent were selected based on the Times Higher Education Impact Ranking Score. In addition, a number of the top universities in the field of reporting, indexed in the GRI database, as well as the reports of universities indexed in the integrated reporting database, were also used to complete the work. The findings indicated that the components of integrated reporting in universities include 130 indicators: 1) an overview of the organization and the environment in which it operates (34 indicators), 2) Governance (7 indicators), 3) Business model (58 indicators), 4) Risks and opportunities (17 indicators), 5) Strategy (8 indicators), 6) Performance (3 indicators), and 7) Basis for preparing and presenting reports (3 indicators). The findings confirmed that universities can officially accept an integrated report by combining and integrating different documents into a comprehensive document and creating a single accountability tool. Also, the results showed that some key elements of the international integrated reporting framework are included in university reports, but often in a scattered and non-homogeneous way. Therefore, the findings can be a good basis for developing integrated reporting to improve the reporting methods of universities and strengthen their accountability.

The purpose of this research is to establish a Conceptual communication between integrated reporting and the characteristics of an innovation and to investigate the possibility of using theories of innovation diffusion and planned behavior to answer the question of How to can a favorable effect on the perceptions, attitudes and behavioral intentions of university administrators and facilitate the integrated reporting adoption process. In this research, using a simple Delphi method and in two stages in 2023, the opinions of 36 experts (14 researchers, 15 administrative and financial assistants of public universities and 7 other experts) have been examined and analyzed in the first and second rounds, respectively. The findings show that the participating experts are agree with theoretical compatibility of integrated reporting with the selected characteristics of innovation (including new/novel, change, significant improvement, an indicator of success, commercially valuable and beneficial/useful). Based on this, a proposed model to show the factors influencing the acceptance of integrated reporting in Iranian universities using the combination of Rogers' innovation diffusion theory and Ajzen's planned behavior has been surveyed and approved by experts. Therefore, through factors influencing the adoption of integrated reporting in universities, which include knowledge, persuasion, decision, implementation and confirmation, as well as the perceived characteristics of innovation (including relative advantage, compatibility, complexity, trialability and observability), which in the persuasion stage are effective, it is possible to influence the perceptions and attitudes and intentions of managers regarding the adoption of integrated reporting. In the proposed integrated model, during the persuasion stage, people's attitudes are formed, and this attitude along with perceived mental norms and behavioral control leads to the emergence of purpose and intention in people in the decision-making stage, and finally, in the implementation stage, the individual's behavior is realized. These findings can be useful for higher education managers and help them to try to convince their human resources about the urgent need for a set of new values, beliefs and behaviors while they are engaged in the implementation of the technical components of integrated reporting.

The main objective of this study is to investigate the relationship between corporate social responsibility expenditures and firm value with the moderating role of integrated reporting. The sample consists of 117 firms listed in Tehran Stock Exchange in the period from 1390 to 1399. In this study, the data were extracted from the Rahavard Novin software and then variables classified and calculated by Excel software, and finally, through Eviews and Stata softwares, the multivariable regression model and panel data was used to test the hypotheses In confidence level of 95%. The results of the research showed that there is a significant positive relationship between environmental expenditures and company value, as well as between social expenditures and company value. In addition, integrated reporting has a positive effect on the relationship between environmental expenditures and firm value, as well as on the relationship between social expenditures and firm value.

With the increasing spread of information needs regarding business unit operations, the presentation of financial statements in the traditional way does not meet all the needs of users. Currently, financial statements provided by companies are based on historical information and require financial expertise to use. Traditional financial reporting not only does not provide users with complete information to respond to business activities, but also fails to provide adequate and adequate information on the economic performance and business value of a business unit to meet the interests of its stakeholders. It is reported separately (financial report, management report, monitoring report and reward award and sustainable development report) in a coherent set of statements and the relationship between them and how they affect the company's ability to create and maintain value in Describes short-term, medium-term and long-term. The purpose of this paper is to help explain the concept of integrated reporting and the use of value added form as a practical, appropriate and useful tool for companies to use the concept of integrated reporting in line with stakeholder theory. Since the value added form fully complies with the principles and concepts proposed in the integrated reporting framework of the International Integrated Reporting Committee and also with the ultimate goal of integrated thinking and the interests of the organization's stakeholders, it has the potential to be used as an integrated reporting tool.

With the growth needing for information about the operation of firms, traditional financial statements have not been able to provide needs of users. In this regard, need for an integrated report that is simple and helps managers to make decisions at different levels and different educations, and to assess the value of the organization. So, the purpose of this study is to determine the parts and components of the integrated reporting, and to determine these parts and components, the confirmatory factor analysis has been used. First, a questionnaire was designed and, after checking the validity and reliability, was sent to the statistical sample that selected from two academic and professional communities. The current research is applied, descriptive and survey. Also, LISREL software was used to analyze the data of 476 questionnaires. The results of the confirmatory factor analysis to determine parts and components of integrated reporting showed that goals, users, qualitative characteristics of information, constraints and limitations, responsibility of standards settlement, responsibility of the preparation and presentation of the report, the cost of the report, the elements of the report, the form of the report, the publication of the report, the type of companies and the responsibility of report are all appropriate parts of integrated reporting, and all of the components identified for each of parts are a good explanation for integrated reporting, and only in relation to publication of the report, traditional and paper-based publishing is not a good component.

The global crises of the last few years have led to development of public sector reporting across public administration areas such as performance, sustainability, environmental and social reporting. In addition, it causes integrated reporting to be considered as the dominant approach. This study is aimed to examine effects of integrated reporting quality on corporate valuation and future corporate performance, focusing on complexity and external financing needs. For this purpose, data is collected from 120 firms listed in Tehran Stock Exchange for a period from 2011 to 2017 and hypotheses are tested using panel data regression model. Integrated reports providing transparent and comprehensive information optimize internal decision-making which results in improvement of corporate performance. Research findings show that there is a significant positive relation of firm size and growth opportunity to integrated reporting quality. Moreover, results indicate a significant negative relation between institutional ownership and integrated reporting quality. However, according to findings, there is no significant relation between corporate governance quality and integrated reporting. ‌

The global crises of the last few years have led to public sector reporting now extending across public administration areas such as performance, sustainability, environmental and social reporting, and integrated reporting as the dominant approach. The purpose of this study is to examine the implications of integrated reporting quality on corporate valuation and future corporate performance, with an emphasis on the complexity and needs of external financing.For this purpose, data on companies listed in Tehran Stock Exchange and Tehran Stock Exchange for a period of 7 years between 2011 to 2017were extracted for 120 companies and combined data regression model was used to test the hypotheses.The capital market has a positive attitude towards companies that use an integrated reporting approach to present their information. And this positive attitude leads to increased corporate value. Financial statements presented using a set of common accounting standards can help investors better understand the different investment conditions. A positive relationship between company valuation and integrated reporting in the company Higher organizational complexity is stronger, indicating that integrated reporting leads to more transparent and better information delivery in high complexity companies. In fact, integrated reporting can alleviate the problems of companies in need of financing by reducing ethical risk and information asymmetry. The integrated reporting framework integrating financial and non-financial issues plays an important role in improving the performance of the company. Integrated reporting through transparent and comprehensive information enables internal decision makers to make optimal decisions that will improve the performance of the company.

Until now, Iranian companies have not prepared and present integrated reports. One of the main reasons for not presenting this report is the lack of a pattern for integrated reports. Thus, the purpose of this study is to explain the pattern for presenting financial and non-financial information of Iranian firms in the form of integrated reporting. In this research, the integrated reporting pattern was extracted based on the theories on financial reporting and on the basis of general guidelines presented in the framework of the International Integrated Reporting and a questionnaire was designed based on library studies and experts'' opinions, then the questionnaire delivered to the statistical sample. This research is applied and in terms of data collection and analysis, it is descriptive and survey. The results of non-parametric tests showed that the main components of the integrated reporting pattern are as follows: general theoretical foundations (including goals, users, qualitative characteristics of information, constraints and limitations), reporting approach (either rule-based or law-based), mandatory or voluntary disclosure of the information contained, responsibility of standards settlement, responsibility of the preparation and presentation of the report, the cost of the report, the reporting period, the elements of the report, the publication of the report, the type of companies and the responsibility of report verification. According to the results of this research, suggested that this pattern be used to implement integrated reporting for the disclosure of financial and non-financial information of companies.

To development the transparency of the corporate environment and improvement managers' and investors' decision making, the necessity of reporting is undeniable. In this research, integrated reporting as the latest evolution of corporate reporting introduced and a framework designed for general theoretical foundations of this report. This framework includes: goals, users, qualitative characteristics and limitations. For this purpose, a questionnaire was designed based on library studies and experts' opinions. After investigating reliability and validity, the questionnaire delivered to the statistical sample. This research is applied and in terms of data collection and analysis, is descriptive and survey. The results of factor analysis and statistical tests showed that the main goal of the integrated reporting is providing useful information for decision making.
In addition, investors and shareholders, financial analysts and the securities issuance agency are three main users. The most qualitative characteristics of information include relevancy, faithfulness, reliability, verifiability, validity, timeliness, understandable, no error and mistake, trustworthiness’ and completeness. Also, in this report limitations of costs-benefit, importance, industry characteristics and balance between the qualitative characteristics of information should be considered