Purpose – The purpose of this paper is to investigate the internal mechanisms employed by early adopters of integrated reporting in Australia to manage their reporting process and explores whether integrated reporting is stimulating innovative disclosure mechanisms. Design/methodology/approach – The study was based on in‐depth semi‐structured interviews with organisations in varying stages of implementing integrated reporting. In total, 23 interviews were conducted with sustainability managers, finance managers and communications managers across 15 organisations. A content analysis of the interviews was undertaken using qualitative coding techniques. Findings – While the organisations that are producing some form of integrated report are changing their processes and structures, or at least talking about it, their adoption of integrated reporting has not necessarily stimulated new innovations in disclosure mechanisms. This study did not uncover radical, transformative change to reporting processes, but rather incremental changes to processes and structures that previously supported sustainability reporting. Research limitations/implications – A major limitation of this research study was the small sample of organisations and stakeholders that participated, and the single‐country focus. Finance, accounting and strategy people were particularly under‐represented in this study, as well as external stakeholders, and the conclusions can only be tentative until further tested. Practical implications – This paper sheds light on the practices of early adopters of integrated reporting, and their learning could inform other organisations considering an integrated reporting approach. Originality/value – As an emerging phenomenon, there are few empirical studies exploring integrated reporting practices and this paper provides some insights into integrated reporting in Australia.
Accounting, Auditing & Accountability Journal – Emerald Publishing
Published: Aug 27, 2014
Keywords: Organisational change; Disclosure; Sustainability reporting; Integrated reporting