Is integrated reporting the silver bullet of financial communication? A stakeholder perspective from South Africa

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dc.contributor.author Rensburg, Ronel S.
dc.contributor.author Botha, Elsamari
dc.date.accessioned 2014-08-06T11:28:21Z
dc.date.available 2014-08-06T11:28:21Z
dc.date.issued 2014-06
dc.description.abstract Companies are being forced to critically re-evaluate how they communicate their financial information to stakeholders. Integrated Reporting, as mandated by the King III Report seeks to combine the reporting of financial and nonfinancial performance measures in away that promotes corporate strategy. South Africa is leading the way in corporate governance and financial reporting with the first large-scale adoption of Integrated Reporting by listed companies. While there is a marked increase in financial communication from companies, it is not clear how all stakeholders use and value this information. The primary aim of this paper was to investigate how financial information is consumed within the ambit of the new financial reporting standards. Through a national online survey, this study found that very few stakeholders use the Integrated Reports as their main source of financial and investment information, and that these reports are seen as additional information. Annual and interim financial reports by companies are still the mainstay for corporate financial information. While stakeholders currently seldom use the Internet for financial information, they have indicated that they would increasingly prefer to do so. The paper concludes with a discussion of opportunities and challenges that future Integrated Reporting faces based on these findings. en_US
dc.description.librarian hb2014 en_US
dc.description.uri http:// www.sciencedirect.com en_US
dc.identifier.citation Rensburg, RS & Botha, E 2014, 'Is integrated reporting the silver bullet of financial communication? A stakeholder perspective from South Africa', Public Relations Review, vol. 40, no. 2, pp. 144-152. en_US
dc.identifier.issn 0363-8111 (print)
dc.identifier.issn 1873-4537 (online)
dc.identifier.other 10.1016/j.pubrev.2013.11.016
dc.identifier.uri http://hdl.handle.net/2263/41101
dc.language.iso en en_US
dc.publisher Elsevier en_US
dc.rights © 2013 Elsevier Inc. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Public Relations Review. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Public Relations Review, vol. 40, no. 2, pp.144-152, 2014. doi : 10.1016/j.pubrev.2013.11.016. en_US
dc.subject Integrated reporting en_US
dc.subject Financial communication en_US
dc.subject King III en_US
dc.subject Financial reports en_US
dc.subject South Africa (SA) en_US
dc.title Is integrated reporting the silver bullet of financial communication? A stakeholder perspective from South Africa en_US
dc.type Postprint Article en_US


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