Gaining momentum: towards integrated reporting practices in Gulf Cooperation Council countries
Research output: Contribution to journal › Article › peer-review
Design/Methodology/Approach - The sample comprises all nonfinancial companies listed on the respective stock markets. An integrated reporting index comprising 43 items was developed based on a review of the extant literature and the IIRC framework. A descriptive analysis follows which explores the extent of integrated reporting amongst the sample companies.
Findings - The results indicate that the Integrated Reporting is still in an embryonic stage with companies listed on the UAE and Saudi Arabia stock exchanges taking the lead. The results show great variation amongst the surveyed companies which could reflect the voluntary nature of IR practices and the absence of a universally‐recognised framework that guides such practices, resulting in companies having discretion in terms of the nature and extent of their IR practices.
Practical Implications - This paper provides evidence from the Gulf region with respect to the extent of integrated reporting practiced there, as the majority of prior studies focus on countries with developed capital markets. The results presented in this paper should therefore be of interest to regulators and standard‐setters charged with developing accounting standards related to integrated reporting.
Originality/Value - To the best of the authors' knowledge this is the first study to investigate IR practices in the Middle East and North Africa region, so it could be regarded as an important step in understanding how this area of research is moving forward in developing countries context and should provide a springboard for future research in this area.
|Number of pages||16|
|Journal||Business Strategy and Development|
|Early online date||14 Sep 2020|
|Publication status||Early online - 14 Sep 2020|
- HUSSAINEY_2020_cright_Gaining momentum - towards integrated reporting practices
Rights statement: This is the accepted version of the following article: "Board composition and firm performance: the case of FTSE All Shares", (2020), Business Strategy and Development, DOI: 10.1002/bsd2.130, which has been published in final form at https://doi.org/10.1002/bsd2.130. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions.
Accepted author manuscript (Post-print), 223 KB, PDF document
Due to publisher’s copyright restrictions, this document is not freely available to download from this website until: 14/09/22