Published 2021-11-04
Keywords
- IIRC,
- integrated reporting,
- quality index,
- voluntary information
How to Cite
Abstract
In the last 40 years, the number of independent reports associated with environmental, social and corporate governance issues has increased considerably. At the end of 2013, the Integrated Reporting (IR) conceptual framework was published, which integrates financial and non-financial aspects into a single narrative showing how the organization creates value over time. Through the development of an index based on the International Integrated Reporting Conceptual Framework, this article investigates the factors that motivate the quality of corporate disclosures of integrated reports (IR) in 2018. The index assesses what is being disclosed as integrated information, and what drives the variation in the quality of these reports. Through the analysis of all reports informed. The results suggest a high degree of discretionary disclosures in the information presented. There is incomplete and inaccurate information, which is contrary to the essence of the IRs. It is concluded that the process is not yet institutionalized and, contrary to expectations, it has not stimulated a new integrated disclosure mechanism in Chile. The results obtained in this study are not consistent with what, in theory, an IR is. Care must be taken when evaluating corporate information through a so-called “integrated” report when there is no in-depth analysis of the minimum content required on an IR.
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References
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