{"product_id":"the-integrated-reporting-movement-isbn-9781118646984","title":"The Integrated Reporting Movement","description":"\u003cp\u003e\u003cb\u003eAn in-depth, enlightening look at the integrated reporting movement\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Integrated Reporting Movement\u003c\/i\u003e explores the meaning of the concept, explains the forces that provide momentum to the associated movement, and examines the motives of the actors involved. The book posits integrated reporting as a key mechanism by which companies can ensure their own long-term sustainability by contributing to a sustainable society. Although integrated reporting has seen substantial development due to the support of companies, investors, and the initiatives of a number of NGOs, widespread regulatory intervention has yet to materialize. Outside of South Africa, adoption remains voluntary, accomplished via social movement abetted, to varying degrees, by market forces. In considering integrated reporting’s current state of play, the authors provide guidance to ensure wider adoption of the practice and success of the movement, starting with how companies can improve their own reporting processes. But the support of investors, regulators, and NGOs is also important. All will benefit, as will society as a whole.\u003c\/p\u003e \u003cp\u003eReaders will learn how integrated reporting has evolved over the years, where frameworks and standards are today, and the practices that help ensure effective implementation—including, but not limited to an extensive discussion of information technology’s role in reporting and the importance of corporate reporting websites. The authors introduce the concepts of an annual board of directors' \"Statement of Significant Audiences and Materiality\" and a \"Sustainable Value Matrix\" tool that translates the statement into management decisions. The book argues that the appropriate combination of market and regulatory forces to speed adoption will vary by country, concluding with four specific recommendations about what must be done to accelerate high quality adoption of integrated reporting around the world.\u003c\/p\u003e \u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: South Africa 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Uniqueness of South Africa 2\u003c\/p\u003e \u003cp\u003eSouth Africa’s Journey to Integrated Reporting 3\u003c\/p\u003e \u003cp\u003eSouth African Assessment of the South African Experience 10\u003c\/p\u003e \u003cp\u003eOur Reflections on the South African Experience 18\u003c\/p\u003e \u003cp\u003eNotes 18\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Meaning 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompany Experimentation: Examples from the First Integrated Reports 32\u003c\/p\u003e \u003cp\u003eExpert Commentary: The First Reflections on Integrated Reporting 40\u003c\/p\u003e \u003cp\u003eCodification: Creating Common Meaning 44\u003c\/p\u003e \u003cp\u003eNotes 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Momentum 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAdoption 61\u003c\/p\u003e \u003cp\u003eAccelerators 63\u003c\/p\u003e \u003cp\u003eAwareness 78\u003c\/p\u003e \u003cp\u003eNotes 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Motives 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompanies 98\u003c\/p\u003e \u003cp\u003eAudience 102\u003c\/p\u003e \u003cp\u003eSupporting Organizations and Initiatives 106\u003c\/p\u003e \u003cp\u003eRegulators 107\u003c\/p\u003e \u003cp\u003eService Providers 109\u003c\/p\u003e \u003cp\u003eNotes 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Materiality 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Social Construction of Materiality 120\u003c\/p\u003e \u003cp\u003eMateriality in Environmental Reporting 122\u003c\/p\u003e \u003cp\u003eComparing Different Definitions of Materiality 123\u003c\/p\u003e \u003cp\u003eAudience 127\u003c\/p\u003e \u003cp\u003eGovernance 129\u003c\/p\u003e \u003cp\u003eMateriality for Integrated Reporting 132\u003c\/p\u003e \u003cp\u003eNotes 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: The Sustainable Value Matrix 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Short History of the Materiality Matrix 147\u003c\/p\u003e \u003cp\u003eIssues with the Matrix 150\u003c\/p\u003e \u003cp\u003eThe Current State of Materiality Matrices 152\u003c\/p\u003e \u003cp\u003eFrom the Materiality Matrix to the Sustainable Value Matrix 157\u003c\/p\u003e \u003cp\u003eNotes 165\u003c\/p\u003e \u003cp\u003eAppendix 6A: Comparing the Ford and Daimler Materiality Matrices 173\u003c\/p\u003e \u003cp\u003eNotes 177\u003c\/p\u003e \u003cp\u003eAppendix 6B: Methodology for the Materiality Matrices Review 179\u003c\/p\u003e \u003cp\u003eNote 189\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Report Quality 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Six Capitals 192\u003c\/p\u003e \u003cp\u003eContent Elements 194\u003c\/p\u003e \u003cp\u003eSpecial Factors 200\u003c\/p\u003e \u003cp\u003eAssurance 207\u003c\/p\u003e \u003cp\u003eNotes 209\u003c\/p\u003e \u003cp\u003eAppendix 7A: Methodology for Analyzing 124 Company Integrated Reports 221\u003c\/p\u003e \u003cp\u003eNotes 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Reporting Websites 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMethodology 226\u003c\/p\u003e \u003cp\u003eWebsite Category Analysis 227\u003c\/p\u003e \u003cp\u003eWebsite Feature Analysis 233\u003c\/p\u003e \u003cp\u003eThree Examples 241\u003c\/p\u003e \u003cp\u003eNotes 246\u003c\/p\u003e \u003cp\u003eAppendix 8A: Methodology for Website Coding 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Information Technology 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntegrated Reporting Processes 262\u003c\/p\u003e \u003cp\u003eFour IT Trends 265\u003c\/p\u003e \u003cp\u003eContextual Reporting 269\u003c\/p\u003e \u003cp\u003e(World Market Basket) 271\u003c\/p\u003e \u003cp\u003eNotes 274\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Four Recommendations 281\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Very Brief History of Financial Reporting 282\u003c\/p\u003e \u003cp\u003eBalancing Experimentation and Codification 283\u003c\/p\u003e \u003cp\u003eBalancing Market and Regulatory Forces 285\u003c\/p\u003e \u003cp\u003eGreater Advocacy from the Accounting Community 287\u003c\/p\u003e \u003cp\u003eAchieving Clarity Regarding the Roles of Key Organizations 289\u003c\/p\u003e \u003cp\u003eA Possible Scenario 290\u003c\/p\u003e \u003cp\u003eFinal Reflection 292\u003c\/p\u003e \u003cp\u003eNotes 292\u003c\/p\u003e \u003cp\u003eAbout the Authors 299\u003c\/p\u003e \u003cp\u003eIndex 301\u003c\/p\u003e \u003cp\u003e\u003cb\u003eROBERT G. ECCLES\u003c\/b\u003e is a Professor of Management Practice at the Harvard Business School. He has written four books on corporate reporting. He has also written over 25 articles and 20 teaching cases on integrated reporting and sustainability.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eMICHAEL P. KRZUS\u003c\/b\u003e is an independent integrated reporting consultant and researcher. He has provided advisory services to participants in the International Integrated Reporting Council Pilot Program, companies exploring the adoption of integrated reporting, and consulting organizations seeking to enhance integrated reporting capabilities for clients.\u003c\/p\u003e \u003cp\u003eSince the first book was written on the topic (One Report by Eccles and Krzus), many exciting developments in integrated reporting have propelled the practice forward. The International Integrated Reporting Council and the Sustainability Accounting Standards Board were formed, \"The International (IR) Framework\" was published, and Global Reporting Initiative's G4 Guidelines were issued. Through such developments, integrated reporting has become an even more powerful man- agement process for helping companies develop and report on sustainable strategies that create value over the short-, medium-, and long-term.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Integrated Reporting Movement\u003c\/i\u003e traces the origins of this idea to its present state in terms of four overlapping phases of meaning (experimentation, commentary, codification, and institutionalization), describes the movement's current momentum, and analyzes the motives of those who are a part of it. Through an analysis of the integrated reports of 124 companies around the world, the book provides insights on opportunities and challenges in integrated reporting at large, with a specific focus on how to leverage technology recommendations supported by an analysis of the world's largest 500 companies' websites and a discussion of how big data, analytics, cloud computing, and social media can improve a company's integrated reporting practices.\u003c\/p\u003e \u003cp\u003eThe authors introduce two new ideas that will help increase the value companies receive from integrated reporting: an annual board of directors Statement of Significant Audiences and Materiality and the Sustainable Value Matrix management tool. In doing so, they bring clarity to the fundamental but elusive concept of \"materiality.\" Finally, the authors make four specific recommendations for how the integrated reporting movement can contribute more effectively to the creation of a more sustainable society.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003ePRAISE FOR\u003c\/i\u003e THE INTEGRATED REPORTING MOVEMENT\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSince the first book was written on the topic (One Report by Eccles and Krzus), many exciting developments in integrated reporting have propelled the practice forward. The International Integrated Reporting Council and the Sustainability Accounting Standards Board were formed, \"The International (IR) Framework\" was published, and Global Reporting Initiative's G4 Guidelines were issued. Through such developments, integrated reporting has become an even more powerful man- agement process for helping companies develop and report on sustainable strategies that create value over the short-, medium-, and long-term.\u003c\/p\u003e \u003cp\u003eThe Integrated Reporting Movement traces the origins of this idea to its present state in terms of four overlapping phases of meaning (experimentation, commentary, codification, and institutionalization), describes the movement's current momentum, and analyzes the motives of those who are a part of it. Through an analysis of the integrated reports of 124 companies around the world, the book provides insights on opportunities and challenges in integrated reporting at large, with a specific focus on how to leverage technology recommendations supported by an analysis of the world's largest 500 companies' websites and a discussion of how big data, analytics, cloud computing, and social media can improve a company's integrated reporting practices.\u003c\/p\u003e \u003cp\u003eThe authors introduce two new ideas that will help increase the value companies receive from integrated reporting: an annual board of directors Statement of Significant Audiences and Materiality and the Sustainable Value Matrix management tool. In doing so, they bring clarity to the fundamental but elusive concept of \"materiality.\" Finally, the authors make four specific recommendations for how the integrated reporting movement can contribute more effectively to the creation of a more sustainable society.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990265872613,"sku":"NP9781118646984","price":60.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118646984.jpg?v=1761787124","url":"https:\/\/k12savings.com\/es\/products\/the-integrated-reporting-movement-isbn-9781118646984","provider":"K12savings","version":"1.0","type":"link"}