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International Journal of Marketing & Financial Management

INTEGRATED REPORTING AND FINANCIAL PERFORMANCE: A REVIEW OF LITERATURE

*Dr. Samson Ojeme Samuel , **Dr. Isaac Ukarin, ***Clement Olasebikan Ogunsanya, ****Olatunde Rasaki Olaowo

*Dr. Samson Ojeme Samuel, Senior Lecturer, Department of Accounting, Achievers University, Owo, Ondo State, Nigeria ORCID: https://orcid.org/0000-0003-1913-8002

**Dr. Isaac Ukarin Lead Consultant, Ukarin and Co. Consult, Warri, Delta State, Nigeria (332104) ORCID: https://orcid.org/0009-0009-4212-1429

***Clement Olasebikan Ogunsanya, Deputy Bursar (Recurrent Expenditure Section), Bursary Department, University of Benin, Benin City, Edo State, Nigeria ORCID: https://orcid.org/0009-0002-6328-7312

****Olatunde Rasaki Olaowo, Deputy Bursar (Audit Query Section), Bursary Department, University of Benin, Benin City, Edo State, Nigeria (300001) ORCID: https://orcid.org/0009-0008-6335-7708

DOI : https://doi.org/10.5281/zenodo.10900125 Page No : 33-45

Published Online : 2023-12-30

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ABSTRACT

Aim: This work explores the nexus between the implementation of integrated reporting (IR) and the resultant influence on financial performance. This work is motivated by the growing call for the adoption of integrated reporting (IR). The study therefore seeks to establish a basis for influencing the adoption of integrated reporting (IR) or its rejection.

Methodology: The study is a conceptual paper that utilized library research and review of past empirical studies to arrive at conclusion and recommendation.

Findings: From the literature reviewed it was observed that there is a nexus between integrated reporting (IR) and financial performance. Although there are mixed findings

in the studies reviewed, these can be attributed to the quality of integrated reporting (IR) which may vary across firms, the financial performance of firms which may be affected by the overall economic environment and the inherent difficulty in isolating these studies from the impact of other factors that may also influence financial performance.

Practical Implications: This study is expected to influence potential adopters of integrated reporting (IR) on the choice of adopting integrated reporting (IR) or otherwise.

Originality/Value: This study is unique in its focus which is to influence the decision of potential adopters of integrated reporting (IR). This decision will be based on the perceived influence of integrated reporting (IR) on performance. The study also contributes to existing literature on this subject.

Keywords: Integrated reporting Content Elements, Integrated Reporting Capitals, Firms’ Value, ROA, ROE, ROCE

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Cite this Article as: Samuel S.O, Ukarin I, Ogunsanya C.O and Olaowo O.R (2023), “Integrated Reporting and Financial Performance: A Review of Literature”, International Journal of Marketing & Financial Management, Volume 11, Issue 2, 2023, pp 33-45. DOI : https://doi.org/10.5281/zenodo.10900125

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International Integrated Reporting Council (IIRC). (2021). International (IR) Framework. https://www.integratedreporting.org/wpcontent/uploads/2021/01/InternationalIntegratedReportingFramework.pdf

Jayasiri, N. K., Kumarasinghe, S., & Pandey, R. (2023). 12 years of integrated reporting: A review of research. Accounting and Finance, 63 (2187-2243). DOI: https://doi.org/10.1111/acfi.12958

Kaplan, R. S., & Norton, D. P. (1996). Putting the balanced scorecard to work. Harvard: Harvard Business Review Press. https://hbr.org/1993/09/putting-the-balanced-scorecard-to-work

Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. The Academy of Management Review, 20(3), 571-610. DOI: https://doi.org/10.2307/258788

International Journal of Marketing & Financial Management

INTEGRATED REPORTING AND FINANCIAL PERFORMANCE: A REVIEW OF LITERATURE

Aims and Objectives

Ethics Policy

Peer Review Policy

Call for Paper

Conference

Instruction To Review

Guide To Authors