THE INTEGRATED REPORTING FRAMEWORK ACROSS PUBLIC ADMINISTRATION: A THEMATIC REVIEW
Abstract
Background and Purpose: The Integrated Reporting framework as emphasised by The International Integrated Reporting Council (IIRC) in 2013 (revised 2021), was accepted as one of the mechanisms nationwide to enhance public accountability. However, far fewer studies examined the intersection of the Integrated Reporting (IR) framework and the public sector. Addressing the gap, reviews of the literature were presented synthesising the adoption of the IR framework across public administration.
Methodology: By drawing upon SCOPUS, Science Direct and Mendeley databases were employed to generate academic literature beginning in 2011 through 2020. Following the inclusion and exclusion processes, 23 articles were selected and analysed by using ATLAS.ti 8.
Findings: The findings of the review were discussed qualitatively and quantitatively. Particular discerning were the qualitative findings; the findings outlined insights into key developments on the IR framework across the following groups, namely, ‘Fundamental Concepts’, ‘Guiding Principles’, and ‘Content Elements’. Key aspects of challenges concerning the adoption of existing frameworks in public administration were discussed.
Contributions: Future research might better consider developing a more appropriate IR framework for public administration, a framework that integrates policy and practice. By focusing on the academic literature emphasising the IR framework, academics, regulators, and reporting organisations could formulate appropriate strategies for public administration.
Keywords: Framework, integrated reporting, public sector, thematic review.
Cite as: Othman, M., Basnan, N., Ahmad, A., & Md Salleh, M. F. (2022). The integrated reporting framework across public administration: A thematic review. Journal of Nusantara Studies, 7(1), 410-440. http://dx.doi.org/10.24200/jonus.vol7iss1pp410-440
References
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Manes-Rossi, F. (2019). New development: Alternative reporting formats - A panacea for accountability dilemmas? Public Money and Management, 39(7), 528–531. https://doi.org/10.1080/09540962.2019.1578540
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https://doi.org/10.1002/bse.2463
Mauro, S. G., Cinquini, L., Simonini, E., & Tenucci, A. (2020). Moving from social and sustainability reporting to integrated reporting: Exploring the potential of Italian public-funded universities’ reports. Sustainability (Switzerland), 12(8), 3172.
https://doi.org/10.3390/SU12083172
Merriam, B. S., & Tisdell, J. E. (2016). Qualitative research: A guide to design and implementation. Wiley Publications.
Montecalvo, M., Farneti, F., & de Villiers, C. (2018). The potential of integrated reporting to enhance sustainability reporting in the public sector. Public Money and Management, 38(5), 365–374. https://doi.org/10.1080/09540962.2018.1477675
Nicolo, G., Zanellato, G., Manes-Rossi, F., & Tiron-Tudor, A. (2020). Corporate reporting metamorphosis: Empirical findings from state-owned enterprises. Public Money and Management, 0(0), 1–10. https://doi.org/10.1080/09540962.2020.1719633
Nistor, C. S., Stefanescu, C. A., Oprisor, T., & Crisan, A. R. (2019). Approaching public sector transparency through an integrated reporting benchmark. Journal of Financial Reporting and Accounting, 17(2), 249–270. https://doi.org/10.1108/JFRA-06-
2017-0048
Okello, E. S., Abbo, C., Muhwezi, W. W., Akello, G., & Ovuga, E. (2014). Mental health literacy among secondary school students in North and Central Uganda: A qualitative study. World Cultural Psychiatry Research Review: Official Journal of World
Association of Cultural Psychiatry, 9(3), 70–80. https://doi.org/10.5897/ajbm2018.8498
Oprişor, T. (2016). Advancing towards integrated reporting: Does the public sector have what it takes and how do we measure this? http://events.unifr.ch/eufin16/Papers/Paper_15.pdf
Oprisor, T., Tiron-Tudor, A., & Nistor, C. S. (2016). The integrated reporting system: A new accountability enhancement tool for public sector entities. Audit Financiar, 14(139), 749-762. https://doi.org/10.20869/auditf/2016/14/747
Othman, M., & Basnan, N. (2021). Assessing the trend of the research on integrated reporting: A bibliometric review. Journal of Management Information and Decision Sciences, 24(1), 1–18.
Ştefănescu, C. A., Oprişor, T., & Sȋntejudeanu, M. A. (2016). An original assessment tool for transparency in the public sector based on the integrated reporting approach. Journal of Accounting and Management Information Systems, 15(3), 542–564.
https://doi.org/10.5897/ajbm2018.8498
Veltri, S., & Silvestri, A. (2015). The Free State University integrated reporting: A critical consideration. Journal of Intellectual Capital, 16(2), 443-462. http://dx.doi.org/10.1108/JIC-06-2014-0077
Vitolla, F., Raimo, N., & Rubino, M. (2019). Appreciations, criticisms, determinants, and effects of integrated reporting: A systematic literature review. Corporate Social Responsibility and Environmental Management, 26(2), 518–528.
https://doi.org/10.1002/csr.1734
Zairul, M. (2020). A thematic review on student-centred learning in the studio education. Journal of Critical Reviews, 7(2), 504–511. http://dx.doi.org/10.31838/jcr.07.02.95
Abu Bakar, N. B., & Saleh, Z. (2011). Public sector accounting research in Malaysia: Identifying gaps and opportunities. IPN Journal of Research and Practice in Public Sector Accounting and Management, 1(1), 23-52.
https://doi.org/10.5897/ajbm2018.8498
Adams, S., & Simnett, R. (2011). Integrated reporting: An opportunity for Australia’s not-for-profit sector. Australian Accounting Review, 21(3), 292–301. https://doi.org/10.1111/j.1835-2561.2011.00143.x
Bartocci, L., & Picciaia, F. (2013). Towards integrated reporting in the public sector. In C. Busco, M. Frigo, A. Riccaboni & P. Quattrone (Eds), Integrated reporting (pp. 191-204). Springer. https://doi.org/10.1007/978-3-319-02168-3_12
Biondi, L., & Bracci, E. (2018). Sustainability, popular and integrated reporting in the public sector: A fad and fashion perspective. Sustainability (Switzerland), 10(9), 1–16. https://doi.org/10.3390/su10093112
Braun, V., & Clarke, V. (2006). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77–101. https://doi.org/10.1191/1478088706qp063oa
Brusca, I., Labrador, M., & Larran, M. (2018). The challenge of sustainability and integrated reporting at universities: A case study. Journal of Cleaner Production, 188(1), 347–354. https://doi.org/10.1016/j.jclepro.2018.03.292
Caruana, J., & Grech, I. (2019). Tweaking public sector reporting with integrated reporting (IR) concepts. Public Money and Management, 39(6), 409–417. https://doi.org/10.1080/09540962.2019.1583911
Cheng, M., Green, W., Conradie, P., Konishi, N., & Romi, A. (2014). The international integrated reporting framework: Key issues and future research opportunities. Journal of International Financial Management and Accounting, 25(1), 90–119.
https://doi.org/10.1111/jifm.12015
CIMA. (2019). Integrated reporting. Chartered Institute of Management Accountants.
CIPFA & IFAC. (2014). International framework: Good governance in the Public Sector Supplement. Chartered Institute of Public Finance and Accountancy and the International Federation of Accountants.
Cohen, J. R., Holder-Webb, L. L., Nath, L., & Wood, D. (2012). Corporate reporting of nonfinancial leading indicators of economic performance and sustainability. Accounting Horizons, 26(1), 65–90. https://doi.org/10.2308/acch-50073
Cohen, S., & Karatzimas, S. (2015). Debate: Reforming Greek government accounting. Public Money & Management, 35(3), 178-180. https://doi.org/10.1080/09540962.2015.1027489
Coy, D., Fischer, M., & Gordon, T. (2001). Public accountability: A new paradigm for college and university annual reports. Critical Perspectives on Accounting, 12(1), 1-31. https://doi.org/10.1006/cpac.2000.0416
Curtin, D., & Meijer, A. J. (2006). Does transparency strengthen legitimacy? Information Polity, 11(2), 109–122. https://doi.org/10.3233/ip-2006-0091
de Villiers, C., Rinaldi, L., & Unerman, J. (2014). Integrated reporting: Insights, gaps and an agenda for future research. Accounting, Auditing and Accountability Journal, 27(7), 1042–1067. https://doi.org/10.1108/AAAJ-06-2014-1736
Du Toit, E., Van Zyl, R., & Schütte, G. (2017). Integrated reporting by South African companies: A case study. Meditari Accountancy Research, 25(4), 654–674. https://doi.org/10.1108/MEDAR-03-2016-0052
Dumay, J., Bernardi, C., Guthrie, J., & Demartini, P. (2016). Integrated reporting: A structured literature review. Accounting Forum, 40(3), 166–185. https://doi.org/10.1016/j.accfor.2016.06.001
Dumay, J., Bernardi, C., Guthrie, J., & La Torre, M. (2017). Barriers to implementing the international integrated reporting framework: A contemporary academic perspective. Meditari Accountancy Research, 25(4), 461–480.
https://doi.org/10.1108/MEDAR-05-2017-0150
Farneti, F., Casonato, F., Montecalvo, M., & de Villiers, C. (2019). The influence of integrated reporting and stakeholder information needs on the disclosure of social information in a state-owned enterprise. Meditari Accountancy Research, 27(4),
556-579. https://doi.org/10.1108/MEDAR-01-2019-0436
Flick, U. (2009). An introduction to qualitative (4th ed.). SAGE Publications.
Flower, J. (2015). The international integrated reporting council: A story of failure. Critical Perspectives on Accounting, 27(1), 1–17. https://doi.org/10.1016/j.cpa.2014.07.002
Guthrie, J., Manes-Rossi, F., & Orelli, R. L. (2017). Integrated reporting and integrated thinking in Italian public sector organisations. Meditari Accountancy Research, 25(4), 553–573. https://doi.org/10.1108/MEDAR-06-2017-0155
IIRC. (2021). International
IIRC. (2013). The international
IIRC & CIPFA. (2016). Focusing on value creation in the public sector: An introduction for leaders. Integrated Reporting.
Katsikas, E., Manes-Rossi, F., & Orelli, R. L. (2017). Towards integrated reporting: Accounting change in the public sector. Springer.
Mahmud, I., Chowdhury, S., Siddiqi, B. A., Theobald, S., Ormel, H., Biswas, S., … Rashid, S. F. (2015). Exploring the context in which different close-to-community sexual and reproductive health service providers operate in Bangladesh: A qualitative
study. Human Resources for Health, 13(1), 1–10. https://doi.org/10.1186/s12960-015-0045-z
Manes-Rossi, F. (2018). Is integrated reporting a new challenge for public sector entities?. African Journal of Business Management, 12(7), 172-187. https://doi.org/10.5897/AJBM2018.8498
Manes-Rossi, F. (2019). New development: Alternative reporting formats - A panacea for accountability dilemmas? Public Money and Management, 39(7), 528–531. https://doi.org/10.1080/09540962.2019.1578540
Marasca, S., Montanini, L., D’Andrea, A., & Cerioni, E. (2020). The how and why of integrated reporting in a public health care organization: The stakeholders’ perspective. Business Strategy and the Environment, 1(1), 1–9.
https://doi.org/10.1002/bse.2463
Mauro, S. G., Cinquini, L., Simonini, E., & Tenucci, A. (2020). Moving from social and sustainability reporting to integrated reporting: Exploring the potential of Italian public-funded universities’ reports. Sustainability (Switzerland), 12(8), 3172.
https://doi.org/10.3390/SU12083172
Merriam, B. S., & Tisdell, J. E. (2016). Qualitative research: A guide to design and implementation. Wiley Publications.
Montecalvo, M., Farneti, F., & de Villiers, C. (2018). The potential of integrated reporting to enhance sustainability reporting in the public sector. Public Money and Management, 38(5), 365–374. https://doi.org/10.1080/09540962.2018.1477675
Nicolo, G., Zanellato, G., Manes-Rossi, F., & Tiron-Tudor, A. (2020). Corporate reporting metamorphosis: Empirical findings from state-owned enterprises. Public Money and Management, 0(0), 1–10. https://doi.org/10.1080/09540962.2020.1719633
Nistor, C. S., Stefanescu, C. A., Oprisor, T., & Crisan, A. R. (2019). Approaching public sector transparency through an integrated reporting benchmark. Journal of Financial Reporting and Accounting, 17(2), 249–270. https://doi.org/10.1108/JFRA-06-
2017-0048
Okello, E. S., Abbo, C., Muhwezi, W. W., Akello, G., & Ovuga, E. (2014). Mental health literacy among secondary school students in North and Central Uganda: A qualitative study. World Cultural Psychiatry Research Review: Official Journal of World
Association of Cultural Psychiatry, 9(3), 70–80. https://doi.org/10.5897/ajbm2018.8498
Oprişor, T. (2016). Advancing towards integrated reporting: Does the public sector have what it takes and how do we measure this? http://events.unifr.ch/eufin16/Papers/Paper_15.pdf
Oprisor, T., Tiron-Tudor, A., & Nistor, C. S. (2016). The integrated reporting system: A new accountability enhancement tool for public sector entities. Audit Financiar, 14(139), 749-762. https://doi.org/10.20869/auditf/2016/14/747
Othman, M., & Basnan, N. (2021). Assessing the trend of the research on integrated reporting: A bibliometric review. Journal of Management Information and Decision Sciences, 24(1), 1–18.
Ştefănescu, C. A., Oprişor, T., & Sȋntejudeanu, M. A. (2016). An original assessment tool for transparency in the public sector based on the integrated reporting approach. Journal of Accounting and Management Information Systems, 15(3), 542–564.
https://doi.org/10.5897/ajbm2018.8498
Veltri, S., & Silvestri, A. (2015). The Free State University integrated reporting: A critical consideration. Journal of Intellectual Capital, 16(2), 443-462. http://dx.doi.org/10.1108/JIC-06-2014-0077
Vitolla, F., Raimo, N., & Rubino, M. (2019). Appreciations, criticisms, determinants, and effects of integrated reporting: A systematic literature review. Corporate Social Responsibility and Environmental Management, 26(2), 518–528.
https://doi.org/10.1002/csr.1734
Zairul, M. (2020). A thematic review on student-centred learning in the studio education. Journal of Critical Reviews, 7(2), 504–511. http://dx.doi.org/10.31838/jcr.07.02.95
Published
2022-01-13
How to Cite
Othman, M., Basnan, N., Ahmad, A., & Md Salleh, M. F. (2022). THE INTEGRATED REPORTING FRAMEWORK ACROSS PUBLIC ADMINISTRATION: A THEMATIC REVIEW. Journal of Nusantara Studies (JONUS), 7(1), 410-440. https://doi.org/10.24200/jonus.vol7iss1pp410-440
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