Putting integrated reporting where it was not: The case of the not-for-profit sector

Abstract

Nowadays we are facing a new phase of capitalism. Information that is beyond financial capital and able to provide a more comprehensive picture of the path towards better transparency and accountability is increasingly needed and requested. A remarkable body of evidence already exists on how large, listed companies are facing this change, but very little is known about the not-for-profit sector. This work aims to analyse if and how new forms of reporting, such as integrat-ed reporting, can be adopted by not-for-profit organisations to illustrate their ef-forts towards an improvement in their accountability processes. To this end, through an interventionist approach, the case of an Italian not-for-profit organisa-tion operating in the collection and redistribution of food is examined. It emerges that, integrated reporting can represent a valuable device that can be adopted also by the not-for-profit sector to improve its accountability. However, in order to be successfully implemented, some modifications have to be made in order to better encounter the specificities of these organisational settings.

The Human Capital for Value Creation and Social Impact: The Interpretation of the IR’s HC Definition

“…The value creation, its social effects, and its link with HC and IC [82] allow opening possible channels of dialogue between profit and not-for-profit organizations. In this sense, the research responded to the call launched by Girella and Dameri to apply the IR model to the third sector, social enterprises [83]. The research produced practical recommendations to make the IR's HC definition more operational and understandable and has made it possible to outline some steps that can be used to set up a sequential and circular model based on:…”