Integrated Reporting: A New Paradigm for Corporate Reporting

Niaz Mohammad1 and Rashedul Hasan 

1Assistant Professor, Faculty of Business Administration, American International University Bangladesh

2Senior Lecturer, Faculty of Business, Communication and Law, INTI International University, Malaysia

 

Corresponding Author: rashedul.hasan@newinti.edu.my


AbstractListed companies are required to publish financial information in their annual reports mandatorily and also publish sustainability and social reports, which comprise their non-financial performance regarding social and environmental issues.  To solve this problem would be to create a single report providing a clear link between the financial and nonfinancial issues. In this sense, integrated reporting (IR) has emerged as a new reporting paradigm to provide a more comprehensive view of the entity, rather than the traditional financial report, by combining the financial and non-financial dimensions of the corporate performance. In Bangladesh banks and non-bank financial institutions started to disclose integrated reporting. The study mainly focuses on the integrated reporting disclosure in the financial statement of NBFI (Non-banking financial institutions). The sample for research involved total 20 (twenty) financial institution’s annual report from 2016 to 2017 out of 34. The analysis showed that few financial institutions have taken initiatives to disclose such information voluntarily.

KeywordsVoluntary disclosure, Integrated reporting, Sustainability, Non-financial disclosure.

Vol.2019:002