Early adopters of institutional creativity in integrated reporting

IF 3.6 Q1 BUSINESS, FINANCE Review of Accounting and Finance Pub Date : 2023-11-24 DOI:10.1108/raf-07-2023-0209
Ruchi Agarwal, Muhammad Atif
{"title":"Early adopters of institutional creativity in integrated reporting","authors":"Ruchi Agarwal, Muhammad Atif","doi":"10.1108/raf-07-2023-0209","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>In the last two decades, risk reporting has followed a normative and calculative culture rather than the “materiality” of data. Although integrated reporting (IR) has become flooded with extra information, it does not adequately disseminate material information to stakeholders. In addition, the poor tone from the top diminishes creativity. This study aims to investigate how companies creatively address issues of the materiality of risk information in IR and how IR can be aligned with enterprise risk management.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>Qualitative research was conducted via interviews with 50 chief risk officers and senior management executives in the Indian and UK insurance markets.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>Overall, five institutions were observed to exhibit elements of being early adopters of institutional creativity. This confirmed the present study’s theoretical contribution of five divergent types of early adopters. The motivations for creativity are reflected in the resources available to these institutions.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>To the best of the authors’ knowledge, this study provides a new insight into IR from internal mechanisms to deal with issue of materiality.</p><!--/ Abstract__block -->","PeriodicalId":21152,"journal":{"name":"Review of Accounting and Finance","volume":null,"pages":null},"PeriodicalIF":3.6000,"publicationDate":"2023-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Accounting and Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/raf-07-2023-0209","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0

Abstract

Purpose

In the last two decades, risk reporting has followed a normative and calculative culture rather than the “materiality” of data. Although integrated reporting (IR) has become flooded with extra information, it does not adequately disseminate material information to stakeholders. In addition, the poor tone from the top diminishes creativity. This study aims to investigate how companies creatively address issues of the materiality of risk information in IR and how IR can be aligned with enterprise risk management.

Design/methodology/approach

Qualitative research was conducted via interviews with 50 chief risk officers and senior management executives in the Indian and UK insurance markets.

Findings

Overall, five institutions were observed to exhibit elements of being early adopters of institutional creativity. This confirmed the present study’s theoretical contribution of five divergent types of early adopters. The motivations for creativity are reflected in the resources available to these institutions.

Originality/value

To the best of the authors’ knowledge, this study provides a new insight into IR from internal mechanisms to deal with issue of materiality.

查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
综合报告制度创新的早期采用者
在过去的二十年里,风险报告遵循的是一种规范和计算的文化,而不是数据的“实质性”。虽然综合报告(IR)已经充斥着额外的信息,但它并没有充分地向利益相关者传播重要信息。此外,来自高层的糟糕基调会削弱创造力。本研究旨在探讨企业如何创造性地解决IR中风险信息的重要性问题,以及IR如何与企业风险管理相结合。设计/方法/方法定性研究是通过采访印度和英国保险市场的50名首席风险官和高级管理人员进行的。总体而言,我们观察到有五家机构表现出了机构创造力早期采用者的特征。这证实了本研究对五种不同类型的早期采用者的理论贡献。这些机构可利用的资源反映了创造力的动机。原创性/价值据作者所知,本研究提供了从内部机制处理重要性问题的新视角。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
CiteScore
4.30
自引率
0.00%
发文量
18
期刊最新文献
CEO compensation risk and pay for luck asymmetry Stock market reaction to mandatory climate change reporting: case of Bursa Malaysia Corporate narrative reporting on Industry 4.0 technologies: do the COVID-19 pandemic and governance structure matter? Interbank systemic risk network in an emerging economy The effect of economic, environmental and social sustainability performance on accounting conservatism: the moderating role of good corporate governance
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1