Compliance of Integrated Reporting: An Evidence from Bangladesh
MetadataShow full item record
Objectives: Key research aim of this report is to find out how many IR content elements are present in the annual report of the Financial Institutions and Pharmaceuticals sector and whether they already have IR concepts in focus in their current reporting mechanisms. I also try to measure how close their existing current annual reports to a standard integrated report. Here, I also want to find out the level of closeness between the traditional reporting system and the integrated reporting system by using an index. Methodology: The report has descriptive research design to fulfill the research purpose. The sample of this study comprises of twenty DSE listed companies from the Financial Institutions and Pharmaceutical sector in Bangladesh. For this study secondary data have been used and the data has been collected from annual reports of selected manufacturing companies. The annual reports were collected from the websites of the Dhaka Stock Exchange (DSE) and websites of the companies, articles, study materials and other materials. The sample size was 20 which include 10 financial institutions and 10 pharmaceuticals companies of Bangladesh. Findings: As a result, it is proved that the annual report of Orion Pharma Limited scored the highest and IDLC Finance Ltd. obtained the second position among the entire sample. According to the index result, I think the annual report of Pharmaceutical sector have more IR content element rather than the Financial Institutions. In the index Top and renowned companies earn more score than the small and less well-known companies. Implications: Many organizations do not put much effort to adopt it. Though the implementation process of Integrated Reporting framework is very less at present in Bangladesh, but all the company’s annual report shows most of the elements of IR framework. Only a few companies in Bangladesh adopt and fully implement the Integrated Reporting framework. Early movers on Integrated Reporting concepts are already describing the benefits that they enjoy from better business reporting, so Companies in Bangladesh should adopt and implement the Integrated Reporting framework.
- Accounting