INTEGRATED REPORTING – A ROMANIAN PERSPECTIVE

MOROȘAN Adrian, Lucian Blaga University of Sibiu

GEMENEL Ioana, Lucian Blaga University of Sibiu

MARINA Alexandra-Gabriela, Lucian Blaga University of Sibiu

Abstract:
Traditional reports have proven to have a lot of limitations, which is why, starting in 2010, Integrated Reporting became more valued and promoted in order to provide a more comprehensive picture of the company s value and performance. The latest innovations in the field of reporting are focused on various key indicators pertaining to sustainability and other non-financial information. The aim of our research is to analyze the current framework of the matter and discover how Romanian companies chose to disseminate non-financial information and to what degree. The case study sample in our research is based on the companies that are part of the BET 20 Index. Our approach to the development of the study starts with the international context and moves towards the particularities of the Romanian circumstances. Our findings suggest that there is a lot of work to be done in this area, and improvements should bring greater performance to integrated reporting dissemination. At the same time, our research strongly suggests that due to the variety of voluntary standards, there is a lack of clarity perceived by the users, and this may be an impediment to the efficiency of the integrated reporting pursuits. A strong recommendation is made for the use of a unitary framework, which will aid in the application and also in the understanding of the reports, fostering comparability and coherence in the macroeconomic analysis. Future research perspectives will be focused on studying integrated reporting practices and their effects on the company s value.

Keywords: Integrated Reporting, Sustainability reporting, Non-financial information, ESG, BET

JEL Classification: M14, M38, M41

Volume: 75, Issue: 3

Pages: 57 - 69

Publication date: October, 2023

DOI: 10.56043/reveco-2023-0027

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/75306morosan&gemenel&marina.pdf

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