Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013)
The International Integrated Reporting Council (IIRC) issued its Integrated Reporting (<IR>) framework in 2013 intending to promote integrated thinking in organisational contexts for corporate sustainability. However, arguments are mounted against limitations in these guidelines and their pot...
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| Format: | Article |
| Language: | English |
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Faculty of Management & Finance, University of Colombo
2020-12-01
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| Series: | Colombo Business Journal |
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| Online Access: | https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2020/12/6.-Perspective-Integrated-reporting.pdf |
| _version_ | 1797990975976505344 |
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| author | Chandrasiri Abeysinghe |
| author_facet | Chandrasiri Abeysinghe |
| author_sort | Chandrasiri Abeysinghe |
| collection | DOAJ |
| description | The International Integrated Reporting Council (IIRC) issued its Integrated Reporting
(<IR>) framework in 2013 intending to promote integrated thinking in organisational contexts for corporate sustainability. However, arguments are mounted against limitations in these guidelines and their potential to create integrated thinking. Mainly, the maintenance of the financial prominence, neglecting sustainability needs is among the criticisms. Nevertheless, still, the framework contains some guidelines relevant to promote integrated thinking. An organisational change towards integrated thinking requires effective communication of the right message. This paper, benefitting from the Stakeholder Theory and the Stakeholder Agency Theory perspectives, sheds light on the potential of those guidelines to communicate the knowledge of integrated thinking to managers and concludes finding their failures. Utilising a content analysis of relevant guidelines contained in the <IR> framework, this paper contributes to the discussion of integrated reporting and integrated thinking for corporate sustainability. |
| first_indexed | 2024-04-11T08:43:55Z |
| format | Article |
| id | doaj.art-2408a9333a184df3ab79786a43c13f70 |
| institution | Directory Open Access Journal |
| issn | 1800-363X 2579-2210 |
| language | English |
| last_indexed | 2024-04-11T08:43:55Z |
| publishDate | 2020-12-01 |
| publisher | Faculty of Management & Finance, University of Colombo |
| record_format | Article |
| series | Colombo Business Journal |
| spelling | doaj.art-2408a9333a184df3ab79786a43c13f702022-12-22T04:34:00ZengFaculty of Management & Finance, University of ColomboColombo Business Journal1800-363X2579-22102020-12-01111214217010.4038/cbj.v11i2.68Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013)Chandrasiri Abeysinghe0https://orcid.org/0000-0001-8004-3526Department of Accounting, University of Colombo, Sri LankaThe International Integrated Reporting Council (IIRC) issued its Integrated Reporting (<IR>) framework in 2013 intending to promote integrated thinking in organisational contexts for corporate sustainability. However, arguments are mounted against limitations in these guidelines and their potential to create integrated thinking. Mainly, the maintenance of the financial prominence, neglecting sustainability needs is among the criticisms. Nevertheless, still, the framework contains some guidelines relevant to promote integrated thinking. An organisational change towards integrated thinking requires effective communication of the right message. This paper, benefitting from the Stakeholder Theory and the Stakeholder Agency Theory perspectives, sheds light on the potential of those guidelines to communicate the knowledge of integrated thinking to managers and concludes finding their failures. Utilising a content analysis of relevant guidelines contained in the <IR> framework, this paper contributes to the discussion of integrated reporting and integrated thinking for corporate sustainability.https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2020/12/6.-Perspective-Integrated-reporting.pdfintegrated reportingintegrated thinkingstakeholder theorystakeholder agency theorystakeholder value creationsustainability accounting |
| spellingShingle | Chandrasiri Abeysinghe Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) Colombo Business Journal integrated reporting integrated thinking stakeholder theory stakeholder agency theory stakeholder value creation sustainability accounting |
| title | Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) |
| title_full | Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) |
| title_fullStr | Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) |
| title_full_unstemmed | Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) |
| title_short | Perspective Paper - Integrated Reporting and Integrated Thinking: A Commentary on the Integrated Reporting Framework (2013) |
| title_sort | perspective paper integrated reporting and integrated thinking a commentary on the integrated reporting framework 2013 |
| topic | integrated reporting integrated thinking stakeholder theory stakeholder agency theory stakeholder value creation sustainability accounting |
| url | https://mgmt.cmb.ac.lk/cbj/wp-content/uploads/2020/12/6.-Perspective-Integrated-reporting.pdf |
| work_keys_str_mv | AT chandrasiriabeysinghe perspectivepaperintegratedreportingandintegratedthinkingacommentaryontheintegratedreportingframework2013 |