The expansion of non-financial reporting: an exploratory study

References

• Ahmed Haji, A. and Anifowose, M., 2016. The trend of integrated reporting practice in South Africa: ceremonial or substantive? Sustainability Accounting, Management & Policy Journal, 7 (2), 190–224. doi: 10.1108/SAMPJ-11-2015-0106
   Web of Science ®Google Scholar
• Amel-Zadeh, A. and Serafeim, G., 2017. Why and how investors use ESG information: evidence from a global survey. Harvard Business School Working Paper, No. 17-079. Available from: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2925310.
   Google Scholar
• Baboukardos, D. and Rimmel, G., 2016. Value relevance of accounting information under an integrated reporting approach: a research note. Journal of Accounting & Public Policy, 35 (4), 437–452. doi: 10.1016/j.jaccpubpol.2016.04.004
   Web of Science ®Google Scholar
• Barth, M.E., Cahan, S.F., Chen, L., and Venter, E.R., 2017. The economic consequences associated with integrated report quality: capital market and real effects. Accounting, Organizations and Society, 62 (October), 43–64. doi: 10.1016/j.aos.2017.08.005
   Web of Science ®Google Scholar
• Bernardi, C. and Stark, A.W., 2018. Environmental, social and governance disclosure, integrated reporting, and the accuracy of analyst forecasts. The British Accounting Review, 50 (1), 16–31. doi: 10.1016/j.bar.2016.10.001
   Web of Science ®Google Scholar
• Birkey, R.N., Michelon, G., Patten, D.M., and Sankara, J., 2016. Does assurance on CSR reporting enhance environmental reputation? An examination in the U.S. context. Accounting Forum, 40 (3), 143–152. doi: 10.1016/j.accfor.2016.07.001
   Web of Science ®Google Scholar
• Brooks, C. and Oikonomou, I., 2018. The effects of environmental, social and governance disclosures and performance on firm value: a review of the literature in accounting and finance. The British Accounting Review, 50 (1), 1–15.
   Web of Science ®Google Scholar
• Camilleri, M.A., 2015. Environmental, social and governance disclosures in Europe. Sustainability Accounting, Management & Policy Journal, 6 (2), 224–242. doi: 10.1108/SAMPJ-10-2014-0065
   Web of Science ®Google Scholar
• Casey Jr, C.J., 1980. Variation in accounting information load: the effect on loan officers’ predictions of bankruptcy. The Accounting Review, 55 (1), 36–49.
   Web of Science ®Google Scholar
• CFA Institute, 2017. Environmental, social and governance (ESG) survey.
   Google Scholar
• Cho, C.H. and Patten, D.M., 2007. The role of environmental disclosures as tools of legitimacy: a research note. Accounting, Organizations and Society, 32 (7–8), 639–647. doi: 10.1016/j.aos.2006.09.009
   Web of Science ®Google Scholar
• Cho, C.H., 2009. Legitimation strategies used in response to environmental disaster: a French case study of total SA’s Erika and AZF incidents. European Accounting Review, 18 (1), 33–62. doi: 10.1080/09638180802579616
   Web of Science ®Google Scholar
• Cho, C.H., Michelon, G., Patten, D.M., and Roberts, R.W., 2014. CSR report assurance in the USA: an empirical investigation of determinants and effects. Sustainability Accounting, Management and Policy Journal, 5 (2), 130–148. doi: 10.1108/SAMPJ-01-2014-0003
   Google Scholar
• Cohen, J.R. and Simnett, R., 2015. CSR and assurance services: a research agenda. Auditing: A Journal of Practice & Theory, 34 (1), 59–74. doi: 10.2308/ajpt-50876
   Web of Science ®Google Scholar
• Collective, 2013. What do investors expect from non-financial reporting? Eurosif and ACCA. Availale from: http://www.accaglobal.com/content/dam/acca/global/PDF-technical/sustainability-reporting/tech-tp-wdir.pdf.
   Google Scholar
• College of Accounting at the University of Cape Town, 2016. EY’s excellence in integrated reporting awards 2016 - a survey of integrated reports from South Africa’s top 100 JSE listed companies and top ten state-owned companies. Ernst & Young. Available from: http://www.ey.com/Publication/vwLUAssets/ey-excellence-integrated-reporting-awards-2016/$FILE/ey-excellence-integrated-reporting-awards-2016.pdf.
   Google Scholar
• Deloitte, 2015. Non-financial reporting. Available from: https://www2.deloitte.com/content/dam/Deloitte/lv/Documents/strategy/Non-financial_reporting_2015.pdf.
   Google Scholar
• de Villiers, C., Venter, E.R., and Pei-Chi Kelly, H., 2017. Integrated reporting: background, measurement issues, approaches and an agenda for future research. Accounting & Finance, 57 (4), 937–959. doi: 10.1111/acfi.12246
   Web of Science ®Google Scholar
• Dhaliwal, D., Li, O.Z., Tsang, A., and Yang, Y.G., 2014. Corporate social responsibility disclosure and the cost of equity capital: the roles of stakeholder orientation and financial transparency. Journal of Accounting & Public Policy, 33 (4), 328–355. doi: 10.1016/j.jaccpubpol.2014.04.006
   Web of Science ®Google Scholar
• Dienes, D., Sassen, R., and Fischer, J., 2016. What are the drivers of sustainability reporting? A systematic review. Sustainability Accounting, Management & Policy Journal, 7 (2), 154–189. doi: 10.1108/SAMPJ-08-2014-0050
   Web of Science ®Google Scholar
• Eastman, H. and Sisson, J., 2014. Corporate performance: what do investors want to know? Powerful stories through integrated reporting. PricewaterhouseCoopers. Available from: https://www.pwc.com/gx/en/audit-services/corporate-reporting/publications/investor-view/assets/pwc-investors-survey-powerful-stories-through-integrated-reporting.pdf.
   Google Scholar
• Eppler, M. and Mengis, J., 2004. The concept of information overload: a review of literature from organization science, accounting, marketing, MIS, and related disciplines. The Information Society, 20 (5), 325–344. doi: 10.1080/01972240490507974
   Web of Science ®Google Scholar
• Erkens, M., Paugam, L., and Stolowy, H., 2015. Non-financial information: state of the art and research perspectives based on a bibliometric study. Comptabilité – Contrôle – Audit, 21 (3), 15–92. doi: 10.3917/cca.213.0015
   Web of Science ®Google Scholar
• Ernst & Young, 2012. Now is the time to address disclosure overload. Available from: http://www.lexissecuritiesmosaic.com/gateway/sec/speech/$FILE_TothePoint_BB2367_DisclosureOverload_21June2012.pdf.
   Google Scholar
• European Commission, 2001. Green paper promoting a European framework for corporate social responsibility. Available from: http://europa.eu/rapid/press-release_DOC-01-9_en.pdf.
   Google Scholar
• European Commission, 2011. Communication from the commission to the European parliament, the council, the European economic and social committee and the committee of the regions – a renewed EU strategy 2011–14 for corporate social responsibility. Available from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52011DC0681&from=EN.
   Google Scholar
• European Union, 2014. Directive 2014/95/EU of the European parliament and of the council of 22 October 2014 amending directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large undertakings and groups. Official Journal of the European Union: 15 November 2014.
   Google Scholar
• Financial reporting faculty, 2013. Financial reporting disclosures: Market and regulatory failure. ICAEW. Available from: https://www.icaew.com/-/media/corporate/files/technical/financial-reporting/information-for-better-markets/frd-final.ashx.
   Google Scholar
• Fuhrmann, S., Ott, C., Looks, E., and Guenther, T.W., 2017. The contents of assurance statements for sustainability reports and information asymmetry. Accounting and Business Research, 47 (4), 369–400. doi: 10.1080/00014788.2016.1263550
   Web of Science ®Google Scholar
• Gao, F., Dong, Y., Ni, C., and Fu, R., 2016. Determinants and economic consequences of non-financial disclosure quality. European Accounting Review, 25 (2), 287–317. doi: 10.1080/09638180.2015.1013049
   Web of Science ®Google Scholar
• Global Sustainable Investment Alliance, 2014. Global sustainable investment review. Available from: http://www.gsi-alliance.org/wp-content/uploads/2015/02/GSIA_Review_download.pdf.
   Google Scholar
• Global Sustainability Standards Board, 2016. Consolidated set of GRI sustainability reporting standards 2016. Available from: https://www.globalreporting.org/standards/gri-standards-download-center/consolidated-set-of-gri-standards/.
   Google Scholar
• GRI, 2006. Sustainability reporting guidelines. Amsterdam: Global Reporting Initiative.
   Google Scholar
• GRI, 2017. GRI works with IIRC and leading companies to eliminate reporting confusion. Available from: https://www.globalreporting.org/information/news-and-press-center/Pages/GRI-works-with-IIRC-and-leading-companies-to-eliminate-reporting-confusion.aspx.
   Google Scholar
• Haller, A., Link, M., and Groß, T., 2017. The term ‘non-financial information’ – a semantic analysis of a key feature of current and future corporate reporting. Accounting in Europe, 14 (3), 407–429. doi: 10.1080/17449480.2017.1374548
   Web of Science ®Google Scholar
• Huang, X.B. and Watson, L., 2015. Corporate social responsibility research in accounting. Journal of Accounting Literature, 34, 1–16. doi: 10.1016/j.acclit.2015.03.001
   Web of Science ®Google Scholar
• International Integrated Reporting Council, 2013. The international <IR> framework. Available from: https://integratedreporting.org/wp-content/uploads/2013/12/13-12-08-THE-INTERNATIONAL-IR-FRAMEWORK-2-1.pdf.
   Google Scholar
• Lai, A., Melloni, G., and Stacchezzini, R., 2016. Corporate sustainable development: Is ‘integrated reporting’ a legitimation strategy? Business Strategy & the Environment, 25 (3), 165–177. doi: 10.1002/bse.1863
   Web of Science ®Google Scholar
• Laine, M., 2009. Ensuring legitimacy through rhetorical changes? A longitudinal interpretation of the environmental disclosures of a leading Finnish chemical company. Accounting, Auditing & Accountability Journal, 22 (7), 1029–1054. doi: 10.1108/09513570910987367
   Google Scholar
• Lee, K.-W. and Yeo, G., 2016. The association between integrated reporting and firm valuation. Review of Quantitative Finance & Accounting, 47 (4), 1221–1250. doi: 10.1007/s11156-015-0536-y
   Web of Science ®Google Scholar
• Leinaweaver, J., 2015. Is corporate sustainability reporting a great waste of time? The Guardian. Available from: https://www.theguardian.com/sustainable-business/2015/jan/06/corporate-sustainability-reporting-waste-time.
   Google Scholar
• Li, Y., Gong, M., Zhang, X.-Y., and Koh, L., 2018. The impact of environmental, social, and governance disclosure on firm value: the role of CEO power. The British Accounting Review, 50 (1), 60–75. doi: 10.1016/j.bar.2017.09.007
   Web of Science ®Google Scholar
• Maroun, W., 2017. Assuring the integrated report: insights and recommendations from auditors and preparers. The British Accounting Review, 49 (3), 329–346. doi: 10.1016/j.bar.2017.03.003
   Web of Science ®Google Scholar
• Melloni, G., Caglio, A., and Perego, P., 2017. Saying more with less? Disclosure conciseness, completeness and balance in integrated reports. Journal of Accounting & Public Policy, 36 (3), 220–238. doi: 10.1016/j.jaccpubpol.2017.03.001
   Web of Science ®Google Scholar
• Protin, P., Gonthier-Besacier, N., Disle, C., Bertrand, F., and Périer, S., 2014. L’information non financière. clarification d’un concept en vogue. Revue Française de Gestion, 40 (242), 37–47. doi: 10.3166/rfg.242.37-47
   Google Scholar
• Rowbottom, N. and Locke, J., 2016. The emergence of <IR>. Accounting and Business Research, 46 (1), 83–115. doi: 10.1080/00014788.2015.1029867
   Web of Science ®Google Scholar
• Setia, N., Abhayawansa, S., Joshi, M., and Huynh, A.V., 2015. Integrated reporting in South Africa: some initial evidence. Sustainability Accounting, Management & Policy Journal, 6 (3), 397–424. doi: 10.1108/SAMPJ-03-2014-0018
   Web of Science ®Google Scholar
• Shen, H., Wu, H., and Chand, P., 2017. The impact of corporate social responsibility assurance on investor decisions: Chinese evidence. International Journal of Auditing, 21 (3), 271–287. doi: 10.1111/ijau.12094
   Web of Science ®Google Scholar
• Steyn, M., 2014. Organisational benefits and implementation challenges of mandatory integrated reporting. Sustainability Accounting, Management & Policy Journal, 5 (4), 476–503. doi: 10.1108/SAMPJ-11-2013-0052
   Google Scholar
• Sustainability Accounting Standards Board, 2013. Conceptual Framework of the Sustainability Accounting Standards Board. SASB. Available from: https://www.sasb.org/wp-content/uploads/2013/10/SASB-Conceptual-Framework-Final-Formatted-10-22-13.pdf.
   Google Scholar
• Zhou, S., Simnett, R., and Green, W., 2017. Does integrated reporting matter to the capital market? Abacus, 53 (1), 94–132. doi: 10.1111/abac.12104
   Web of Science ®Google Scholar