Integrated reporting in France: a failure of reducing the information asymmetries about sustainability - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Sustainability Accounting, Management and Policy Journal Année : 2018

Integrated reporting in France: a failure of reducing the information asymmetries about sustainability

Résumé

Purpose: This paper aims to determine how integrated reporting (IR) can effectively report on multiple capitals that, when taken together, should create value in a sustainable way, with the objective of reducing information asymmetry. Design/methodology/approach: To answer this research question, a qualitative content analysis was conducted of the IR disclosed by the French companies in the period 2013-16. Findings: The study reveals that information asymmetry is not reduced since companies mention only some capitals as inputs to their value creation process while almost entirely excluding natural capital. Moreover, companies disclose only positive information, mainly about their financial capital, without mentioning any destruction of capital, especially natural capital. Finally, the lack of compulsory reporting prevents any comparison between companies or over time. Research limitations/implications: Given its exploratory nature, this research presents several limitations. First, only a few companies have disclosed an IR in France, preventing the generalization of the findings to a larger number of companies. Second, the IR studied covered a period of only four years, preventing the generalization of the findings over a longer period of time. Practical implications: This paper provides insights about the information disclosed through IR in French companies and has implications for adopters and regulators.
Fichier principal
Vignette du fichier
SAMPJ_IR-Asymmetry information-EA.pdf (498.2 Ko) Télécharger le fichier
Loading...

Dates et versions

hal-02148574 , version 1 (05-06-2019)

Identifiants

  • HAL Id : hal-02148574 , version 1

Citer

Elisabeth Albertini. Integrated reporting in France: a failure of reducing the information asymmetries about sustainability. Sustainability Accounting, Management and Policy Journal, 2018. ⟨hal-02148574⟩
135 Consultations
428 Téléchargements

Partager

Gmail Facebook X LinkedIn More