BOARD ATTRIBUTES AND INTEGRATED REPORTING: A LITERATURE REVIEW 0 0

Abstract

Past two decades have seen a significant change in corporate reporting trends. Stakeholders these days are demanding not only the financial information about a concern, but also qualitative data relating to social, environmental and governance aspects. In order to fulfil the dynamic information needs of the users of corporate reports and build their trust, the organisations need to create a change in the pattern of communicating information to the stakeholders. This gave rise to the need for a more comprehensive reporting system which is based on holistic viewpoint and integrated thinking. The process of disclosing financial as well as non-financial data in a consolidated report to the concerned stakeholders is known as Integrated Reporting (IR). This paper aims at providing an extensive review of existing research publications on the impact of different board related variables on integrated reporting. It has been observed that academic and research interest in the IR has gained momentum in past few years only. A large majority of the existing works were from the period after 2019. Most of these studies took different corporate governance variables as independent variables and measured their impact on IR. Variables like board independence, size, diversity, CEO duality etc. were widely used in the studies. Other variables like board education, board meetings, board age and diligence were not explored much. It was found that many corporate governance variables had significant impact on IR. The research has implications for future researchers, corporate management and policy makers.