Econometric model for quality evaluation of integrated reporting
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2018, Vol 3, Issue
Abstract
The article considers the issues of evaluating the quality of integrated reporting in economic entities through using an econometric model. It is proved that the econometric model developed for monitoring the quality of integrated reporting is an effective tool for evaluation. Therefore, the subject matter of the article is an econometric model for quality evaluation of integrated reporting, and the study object is the quality of integrated reporting. Accordingly, the research objective is to develop an econometric model for quality evaluation of integrated reporting. The achievement of the objective requires solving the following tasks: 1) to establish a criterion for developing an econometric model for quality evaluation of integrated reporting; 2) to analyse changes of indicators, which affect the quality of integrated reporting; 3) to develop a correlation matrix for the connection of criteria included in integrated reporting; 4) to determine how indicators, which are included in integrated reporting, affect its quality; 5) to analyse the outcomes of developing an econometric model for quality evaluation of integrated reporting. The proposed methods used for developing an econometric model for quality evaluation of integrated reporting in economic entities are as follows: analysis, synthesis, induction, deduction, abstraction, idealization, generalization, and modeling. The theoretical framework and further elaboration of practical steps towards quality evaluation of integrated reporting through using an econometric model is relevant and important for users of such reporting. The results of international annual competitions on quality evaluation of integrated reporting in European economic entities and enterprises of South Africa are presented. Introducing an econometric model for quality evaluation of integrated reporting is of particular importance for countries in transition. The study proposes approaches for quality evaluation of integrated reporting through using an econometric model. The obtained findings serve as a guide for setting new standards of integrated reporting in entities. In entities, the findings might be used to prepare, submit and make public reporting. In conclusion, the paper outlines future prospects which are aimed at using three more criteria for developing an econometric model of quality evaluation of integrated reporting, namely: 1) disclosure of information on performance in sustainable development; 2) compliance with the recommendations of the International Integrated Reporting Council; 3) interaction between interested parties.
Authors and Affiliations
Kostiantyn Bezverkhyi
Keywords
Related Articles
- EP ID EP467724
- DOI -
- Views 93
- Downloads 0
Provision of natural resources for innovation-based development in the agrarian sector of the economy
The article evaluates the provision of natural resources for innovation-based development in the agrarian sector of the economy. The issues of regional concentration of agricultural land and improvement of land managemen...
The evolution of intangible assets in terms of social and economic development concepts
The article presents evidence that historically the emergence of intellectual property rights dates back to the pre-industrial stage of society’s development. The issuing of letters patent in England led to further devel...
Mathematical models of unshadowing the wages
The article addresses a social and economic phenomenon of shadow economy, which is typical for many countries and may result in a macroeconomic imbalance. The latter hinders the sustainable growth of the economy and lead...
Implementing principles of transparency in business entities
The article considers the concept of transparency, specifically transparency of financial reporting and prerequisites of transparency development. The paper also outlines areas of researching transparency within the fram...
A physical theory of accounting: particular study issues
The subject matter of the paper is related to theoretical and methodological basics of accounting as a field of study. Over many centuries, the laws of economics have been examined dialectically by scholars. In the cours...