The relation between the adherence of integrated reporting to the IIRC framework and economic performance

Authors

DOI:

https://doi.org/10.21680/2176-9036.2022v14n2ID24355

Keywords:

Integrated Reporting. Framework. Adherence. Disclosure Index. Generation of Economic Value.

Abstract

Purpose: Analyzing the adherence of the Integrated Reports of a sample composed by three Brazilian companies to the IIRC (International Integrated Reporting Council) Framework. Also, understanding the quality contribution of these reports to the generation of economic performance for the adopting companies.

Methodology: The companies were selected from the IIRC database. Using the method presented by Kiliç and Kuzey (2018) as a reference, a Disclosure Index model was adapted, through the content analysis technique, to measure the level of adherence of the Reports to the Framework. After calculating the Disclosure Index, the Coefficient of Variation of the companies' liquidity and solvency ratios and the macroeconomic performance of the researched period were analyzed, aiming to verify whether the Integrated Reports adhering to the Framework are associated with the economic performance of those companies.

Results: The results indicate that it is not possible to state that the high levels of adherence to the Framework are associated with the economic performance of companies. The Coefficient of Variation calculation of the financial indexes during the publication period of the Integrated Reports does not present a better result when compared to the period prior to these publications.

Contributions of the Study: Recent research on the topic of Integrated Reporting does not show a relationship between compliance with publications and the economic performance of Brazilian companies. Thus, this study proves to be relevant when researching the content of the Integrated Reports published by Brazilian companies and the relationship of this information with economic performance, verifying whether the Integrated Reports fulfill the promise of delivering economic benefits to the model's adopters.

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Author Biographies

Gabriel Romão, Universidade Federal Fluminense -UFF/Escola de Engenharia

Mestre em Sistemas de Gestão – LATEC/UFF. Escola de Engenharia. Universidade Federal Fluminense.

Cíntia de Melo de Albuquerque Ribeiro, Departamento de Contabilidade/Universidade Federal Fluminense

Doutoranda em Sistema de Gestão Sustentável – LATEC/UFF.  Departamento de Contabilidade. Universidade Federal Fluminense.

Julio Vieira Neto, Departamento de Ciência Atuariais/Universidade Federal Fluminense

Doutor em Engenharia Civil – Universidade Federal Fluminense. Departamento de Ciências Atuariais. Universidade Federal Fluminense.

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Published

04-07-2022

How to Cite

ROMÃO, G.; RIBEIRO, C. de M. de A. .; NETO, J. V. The relation between the adherence of integrated reporting to the IIRC framework and economic performance. REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte, [S. l.], v. 14, n. 2, p. 146–168, 2022. DOI: 10.21680/2176-9036.2022v14n2ID24355. Disponível em: https://periodicos.ufrn.br/ambiente/article/view/24355. Acesso em: 22 jul. 2024.

Issue

Vol. 14 No. 2 (2022): Jul./Dez.

Section

Section 1: Accounting Applied to the Business Sector (S1)

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