Sensitivity analysis of the determinant factors in increasing the quality of integrated reporting. Summary of the PhD thesis in Economics

Abstract

Actuality and importance of the research topic. Over the years, corporate reporting has undergone numerous transformations in order to meet the challenges related to sustainable development and economic interconnectivity. While previously the purpose of corporate reporting was to provide information about the financial performance of entities, nowadays investors and stakeholders cannot form an opinion on an entity's performance without also being presented with information about non-financial performance. Stemming from this need, a new form of reporting emerged, called integrated reporting, which brings together what was previously reported separately. In the context of current economic realities characterized by volatility and uncertainty, the quality of corporate communications has become an opportunity to strengthen trust and ensure continuity in the relationships between entities and stakeholders. In this regard, reporting can no longer be perceived exclusively in financial terms, but rather requires a holistic vision regarding the entities' journey in creating value over the short, medium, and long term. Integrated reporting manifests itself as a pertinent requirement, capable of eliminating barriers related to the connectivity of financial, social, and environmental performances, presenting them in a coherent and relevant manner for the purpose of making informed strategic decisions.