A new academic database has been launched by the International Integrated Reporting Council (IIRC), bringing together over 200 academic studies highlighting the potential positive ramifications of adopting integrated reporting.
The research that has been included in the database has led to a series of conclusions on integrated reporting, including its impact on stock liquidity, performance, market valuation and the longer term impact for the investor base of the businesses that adopt it.
The council reported that over 1,600 companies from 65 countries have started to use this form of reporting.
The hope is that the database will allow businesses to think holistically about their strategy and focus on how they can they manage risks.
IIRC’s CEO Richard Howitt spoke at the launch of the database in DC and said: “What we have seen since the framework for integrated reporting was introduced to the world five years ago is nothing short that extraordinary. The evidence is there – in this database – that corroborates what I have always believed, integrated reporting can help instil financial stability and sustainable developments in our markets.”
The database, which represents the most comprehensive collection of scholarly investigation into the impact of integrated reporting in the world, will be the focal point for academic research on integrated reporting in the future and provides opportunity for further study, complementing the IIRC’s global <IR> Academic Network.
