In Japan, many companies are preparing integrated reports. Under such circumstances, some companies prepare annual reports as an integrated report. Nevertheless, the views on the essence of the integrated report are not always agreed upon. Some companies are preparing annual reports or sustainability reports as integrated reports. Thus, some researchers insist on the integrated report as being useful for investors. On the other hand, some researchers proposed that the integrated report is useful for stakeholders. This paper discusses the essence of integrated reports and who they might be useful for. The aim of this paper is to propose our opinion about the essence of integrated reports. This paper clarifies some views on the integrated reports and used a literature review methodology to propose our view. As a result of the literature research, it was found that the essence of the integrated report is to disclose not only financial information but also non-financial information. This point is a significant difference from the annual report. In addition, the integrated report is not disclosed only to investors, but was found to be strongly influenced by the idea of the sustainability report in terms of stakeholder engagement. In short, what this paper wanted to point out is that integrated reporting can be used not only as information disclosure to stakeholders but also as information usage for strategy formulation and business management through stakeholder engagement.
| Published in | Journal of Human Resource Management (Volume 6, Issue 3) |
| DOI | 10.11648/j.jhrm.20180603.11 |
| Page(s) | 85-94 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2018. Published by Science Publishing Group |
Paradigm Shift, Integrated Reports, Financial Reports, Sustainability Reports, Inside-Out Approach
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APA Style
Kazunori Ito, Masaki Iijima. (2018). The Paradigm Shift from Financial Reporting to Integrated Reporting. Journal of Human Resource Management, 6(3), 85-94. https://doi.org/10.11648/j.jhrm.20180603.11
ACS Style
Kazunori Ito; Masaki Iijima. The Paradigm Shift from Financial Reporting to Integrated Reporting. J. Hum. Resour. Manag. 2018, 6(3), 85-94. doi: 10.11648/j.jhrm.20180603.11
AMA Style
Kazunori Ito, Masaki Iijima. The Paradigm Shift from Financial Reporting to Integrated Reporting. J Hum Resour Manag. 2018;6(3):85-94. doi: 10.11648/j.jhrm.20180603.11
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Download@article{10.11648/j.jhrm.20180603.11,
author = {Kazunori Ito and Masaki Iijima},
title = {The Paradigm Shift from Financial Reporting to Integrated Reporting},
journal = {Journal of Human Resource Management},
volume = {6},
number = {3},
pages = {85-94},
doi = {10.11648/j.jhrm.20180603.11},
url = {https://doi.org/10.11648/j.jhrm.20180603.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jhrm.20180603.11},
abstract = {In Japan, many companies are preparing integrated reports. Under such circumstances, some companies prepare annual reports as an integrated report. Nevertheless, the views on the essence of the integrated report are not always agreed upon. Some companies are preparing annual reports or sustainability reports as integrated reports. Thus, some researchers insist on the integrated report as being useful for investors. On the other hand, some researchers proposed that the integrated report is useful for stakeholders. This paper discusses the essence of integrated reports and who they might be useful for. The aim of this paper is to propose our opinion about the essence of integrated reports. This paper clarifies some views on the integrated reports and used a literature review methodology to propose our view. As a result of the literature research, it was found that the essence of the integrated report is to disclose not only financial information but also non-financial information. This point is a significant difference from the annual report. In addition, the integrated report is not disclosed only to investors, but was found to be strongly influenced by the idea of the sustainability report in terms of stakeholder engagement. In short, what this paper wanted to point out is that integrated reporting can be used not only as information disclosure to stakeholders but also as information usage for strategy formulation and business management through stakeholder engagement.},
year = {2018}
}
TY - JOUR T1 - The Paradigm Shift from Financial Reporting to Integrated Reporting AU - Kazunori Ito AU - Masaki Iijima Y1 - 2018/11/01 PY - 2018 N1 - https://doi.org/10.11648/j.jhrm.20180603.11 DO - 10.11648/j.jhrm.20180603.11 T2 - Journal of Human Resource Management JF - Journal of Human Resource Management JO - Journal of Human Resource Management SP - 85 EP - 94 PB - Science Publishing Group SN - 2331-0715 UR - https://doi.org/10.11648/j.jhrm.20180603.11 AB - In Japan, many companies are preparing integrated reports. Under such circumstances, some companies prepare annual reports as an integrated report. Nevertheless, the views on the essence of the integrated report are not always agreed upon. Some companies are preparing annual reports or sustainability reports as integrated reports. Thus, some researchers insist on the integrated report as being useful for investors. On the other hand, some researchers proposed that the integrated report is useful for stakeholders. This paper discusses the essence of integrated reports and who they might be useful for. The aim of this paper is to propose our opinion about the essence of integrated reports. This paper clarifies some views on the integrated reports and used a literature review methodology to propose our view. As a result of the literature research, it was found that the essence of the integrated report is to disclose not only financial information but also non-financial information. This point is a significant difference from the annual report. In addition, the integrated report is not disclosed only to investors, but was found to be strongly influenced by the idea of the sustainability report in terms of stakeholder engagement. In short, what this paper wanted to point out is that integrated reporting can be used not only as information disclosure to stakeholders but also as information usage for strategy formulation and business management through stakeholder engagement. VL - 6 IS - 3 ER -
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