A Systematic Review of the Literature on Integrated Reporting

Abstract

Background - Integrated reporting is a cutting-edge business reporting method that is particularly beneficial for Public Interest Entities (PIEs). This innovative reporting method encompasses pertinent data on human, manufactured, intellectual, natural, social and relationship capital alongside the financial capital.

Objective - The study investigates the philosophical underpinnings of integrated reporting and the research on voluntary disclosure. The value of integrated reporting and integrated thinking in business communication is underscored by an analysis of the concept's fundamental aspects from the perspective of the business and other stakeholders. It endeavours to elicit such perspectives and achieve a clear representation of voluntary disclosure of Integrated Reporting through the use of a systematic literature review.

Design/methodology/approach – The Preferred Reporting Items for Systematic Reviews and Meta-Analyses i.e. PRISMA methodology was employed to assess a thorough evaluation of the literature. An exhaustive literature evaluation can be facilitated by the use of PRISMA, an evidence-based framework that writers can employ.

Findings and Results - The results substantiate the benefits that a business may derive from the implementation of high-quality integrated reporting. It promotes an innovative strategic and cultural approach to corporate management, fosters integrated thinking and advances a long-term vision of corporate management, thereby enhancing the company's capacity to disseminate a sustainable culture. This study underscored the disadvantages of integrating reporting.
Conclusion - The objective of the systematic literature review was to compile the current body of knowledge regarding the subject matter. This paper offers a critical examination of the current research on integrated reporting, a description of prospective research opportunities, and a perspective on the field's evolution.