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Integrated reporting decision usefulness: Mainstream equity market views

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  • Richard Slack
  • Ioannis Tsalavoutas

Abstract

•Interviews with 22 mainstream UK equity market actors.•Despite institutional support, demand for, and decision-usefulness of, by equity market actors is low.•Low level of discourse within equity market and between users.•Concerns over the Framework and reporting comparability and consistency.•Lack of mandatory compliance and assurance further militates against use.The International Integrated Reporting ( ) Framework (2013) identified providers of financial capital as its primary users. This research provides evidence from 22 mainstream equity market actors, employed by global investment houses, regarding the decision usefulness of and resistances to , as a reporting framework. Despite institutional-level support for , the interviews reveal that its usefulness to fund managers and equity analysts is low. Concerns are evident over the Framework design and its relevance to more structural issues pertaining to equity market culture. The implication of this is that may become a reporting fad, not embedded into mainstream investment thinking.

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  • Richard Slack & Ioannis Tsalavoutas, 2018. "Integrated reporting decision usefulness: Mainstream equity market views," Accounting Forum, Taylor & Francis Journals, vol. 42(2), pages 184-198, June.
    • Handle: RePEc:taf:accfor:v:42:y:2018:i:2:p:184-198
    DOI: 10.1016/j.accfor.2018.01.005
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