The IIRC’s journey

Flower, John

doi:10.4324/9780429279621-8

Cited by 8 publications

(13 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…As SASB metrics should have predictive value, they “will thus be of interest to investors and creditors, thereby helping to communicate and to more completely represent company performance” (SASB, 2017, p. 5). Therefore, both the IIRC and SASB have adopted a normative, rhetorical argument privileging a neoliberal capitalist ideology centred on (financial) investor value (Brown et al , 2020; Flower, 2020; La Torre et al , 2019).…”

Section: Generating Insights: Mainstream Arguments To Voluntary Corpo...mentioning

confidence: 99%

“…However, we are worried about the risk of the accounting profession and multinational companies capturing such institutions to ensure a manageable, weak approach to disclosure rather than a more strong, disruptive one (Flower, 2015; Thomson, 2015). Also, such institutions tend to rely on a neoliberal, capitalistic, investor-centric view of voluntary organisational disclosure, watering down the calls for stewardship-driven, sustainability-centric disclosures (Dumay et al , 2019; Flower, 2020). We maintain that, as each institution has its supporting network and financiers, further research may uncover the figurations and networks behind such institutions to understand whether they have common interests and shared links.…”

Section: Transformative Redefinition: Is There a Road Ahead For Volun...mentioning

confidence: 99%

“…As the VRD landscape evolves, critical research is needed to go beyond the rhetoric pushed forth by the five main bodies regulating sustainability and IR to understand whether the VRD standards and framework live up to their task in practice (Adams, 2015;Flower, 2015Flower, , 2020Dumay et al, 2016;Rinaldi et al, 2018). Therefore, in the next section, we will explain the critical management framework (Alvesson and Deetz, 2021) used to understand how and why a voluntary corporate reporting framework such as IR is used in practice.…”

Section: Recent Developments In the Voluntary Corporate Non-financial...mentioning

confidence: 99%

“…If we consider both the amount of academic production on IR and the potential disappearance of IR into the ISSB, one might wonder if it makes sense to research IR at all. However, several researchers have been calling for additional critical research on voluntary corporate reporting such as IR (Dumay et al , 2016; Flower, 2020; La Torre et al , 2019; Roslender and Nielsen, 2020).…”

Section: Introductionmentioning

confidence: 99%

“…They also call for further studies on the rationales behind IR adoption and on how a voluntary organisational disclosure, such as IR, eventually emerges in practice (Rinaldi et al , 2018). More recently, Flower (2020, p. 151) has advocated…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

A critical reflection on voluntary corporate non-financial and sustainability reporting and disclosure: lessons learnt from two case studies on integrated reporting

Pigatto

Cinquini

Dumay

et al. 2022

JAOC

View full text Add to dashboard Cite

Purpose This study aims to provide a critical assessment of developments in the field of voluntary corporate non-financial and sustainability reporting and disclosure (VRD). The assessment is grounded in the empirical material of a three-year research project on integrated reporting (IR). Design/methodology/approach Alvesson and Deetz’s (2021) critical management framework structures the arguments in this paper. By investigating local phenomena and the extant literature, the authors glean insights that they later critique, drawing on the empirical evidence collected during the research project. Transformative redefinitions are then proposed that point to future opportunities for research on voluntary organisational disclosures. Findings The authors argue that the mainstream approaches to VRD, namely, incremental information and legitimacy theories, present shortcomings in addressing why and how organisations voluntarily disclose information. First, the authors find that companies adopting the International IR Council’s (IIRC, 2021) IR framework tend to comply with the framework only in an informal, rather than a substantial way. Second, the authors find that, at times, organisations serendipitously chance upon VRD practices such as IR instead of rationally recognising the potential ability of such practices to provide useful information for decision-making by investors. Also, powerful groups in organisations may use VRD practices to establish, maintain or restore power balances in their favour. Research limitations/implications The paper’s limitations stem directly from its aim to be a critical reflection. Even when grounded on empirics, a reflection is mainly a subjective effort. Therefore, different researchers could come to different conclusions and offer different lessons from the two case studies. Practical implications The different rationales the authors found for VRD should make a case for reporting institutions to tone down any investor-centric rhetoric in favour of more substantial disclosures. The findings imply that reporting organisations should approach the different frameworks with a critical eye and read between the lines of these frameworks to determine whether the purported normative arguments are achievable practice. Originality/value The authors reflect on timely and relevant issues linked to recent developments in the VRD landscape. Further, the authors offer possible ways forward for critical research that may rely on different methodological choices, such as interventionist and post-structuralist research.

show abstract

Section: Generating Insights: Mainstream Arguments To Voluntary Corpo...mentioning

confidence: 99%

Section: Transformative Redefinition: Is There a Road Ahead For Volun...mentioning

confidence: 99%

Section: Recent Developments In the Voluntary Corporate Non-financial...mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

A critical reflection on voluntary corporate non-financial and sustainability reporting and disclosure: lessons learnt from two case studies on integrated reporting

Pigatto

Cinquini

Dumay

et al. 2022

JAOC

View full text Add to dashboard Cite

show abstract

In Search of a Wider Corporate Reporting Framework: A Critical Evaluation of the International Integrated Reporting Framework

Setia

Abhayawansa

Joshi

2022

Accounting in Europe

View full text Add to dashboard Cite

Integrated reporting quality and sustainability performance: does firms' environmental sensitivity matter?

Appiagyei

Donkor²

2023

JAEE

View full text Add to dashboard Cite

PurposeThis study examines the effect of the environmental sensitivity of firms on the relationship between integrated reporting (IR) quality and sustainability performance. Prior research works focus on the nexus between IR quality and sustainability performance with little attention to factors that moderate this relationship.Design/methodology/approachOrdinary least squares (OLS) and other robust estimations are employed to analyse the data of firms on the Johannesburg Stock Exchange (JSE).FindingsThis study finds a positive association between IR quality and sustainability performance. However, the strength of this relationship is found to be weaker among environmentally sensitive firms, thereby raising concerns that such firms may be reporting less sustainability information with the mandatory implementation of IR on the JSE.Practical implicationsThe findings highlight the need for regulatory bodies to consider additional sustainability disclosure requirements for firms in environmentally sensitive industries.Social implicationsThe findings should make regulatory bodies aware of the possible actions of environmentally sensitive firms in relation to sustainability information within a mandatory setting of IR.Originality/valueThe study extends the existing literature on IR and sustainability performance by considering the effect of firm environmental sensitivity as a moderating factor.

show abstract

The IIRC’s journey

Cited by 8 publications

References 0 publications

A critical reflection on voluntary corporate non-financial and sustainability reporting and disclosure: lessons learnt from two case studies on integrated reporting

A critical reflection on voluntary corporate non-financial and sustainability reporting and disclosure: lessons learnt from two case studies on integrated reporting

In Search of a Wider Corporate Reporting Framework: A Critical Evaluation of the International Integrated Reporting Framework

Integrated reporting quality and sustainability performance: does firms' environmental sensitivity matter?

Contact Info

Product

Resources

About