Value creation disclosure: the international integrated reporting framework revisited in the light of stakeholder theory

What is it about?

The paper proposes an integrated reporting (IR) framework rooted in Freeman’s Stakeholder Theory (ST). The proposed framework modifies the International Integrated Reporting Framework (IIRF) and aims to overcome criticisms related to its focus on investors and the abandonment of sustainability. The revised IIRF represents an updated tool for reporting and disclosing the value created by an organization for itself and for its stakeholders including the external entities affected by the impacts engendered by the organisation. In this way, the IIRF can give visibility to all value created and the value creation process, including sustainability matters. This allows integrated thinking processes to be incorporated accordingly, supporting better management.andonment of sustainability.

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