evaluation of the effectiveness of integrated reporting on firms performance on companies listed on the Zimbabwe stock exchange (ZSE).
- Author
- Makarati, Frank M.
- Title
- evaluation of the effectiveness of integrated reporting on firms performance on companies listed on the Zimbabwe stock exchange (ZSE).
- Abstract
- Integrated reporting is a new approach to corporate reporting that has been widely adopted by companies worldwide to provide a more comprehensive view of their performance. The IIRC and IRCSA have played a key role in promoting integrated reporting globally, while in South Africa, it is mandatory for all listed firms on the Johannesburg Stock Exchange to produce an integrated report annually in line with the King IV Code of Corporate Governance. Although integrated reporting can be a time-consuming and expensive process, it is a communication framework that provides stakeholders with a more holistic view of an organization's performance, including financial, social, and environmental factors relevant to value creation. The purpose of this study was to investigate whether integrated reporting has any impact on the financial performance of businesses listed on the Zimbabwe Stock Exchange, based on the stakeholder concept. Integrated reporting can help companies identify and understand their stakeholders, consider their impact on decisions, and make better decisions that take into account all stakeholders' interests. The study, situated within a positivist paradigm, used a purposive sample of 30 participants from accounting and finance departments to determine the efficacy of integrated reporting in enhancing financial performance. The study concluded that integrated reporting significantly assists businesses.
- Date
- 2023
- Publisher
- BUSE
- Keywords
- Financial performance
- Supervisor
- N/A
- Item sets
- Department of Accountancy