INSIGHTS OF INTEGRATED REPORTING IN ORGANIZATIONAL REPORTING PRACTICE: A STUDY OF LISTED MANUFACTURING COMPANIES ON COLOMBO STOCK EXCHANGE IN SRI LANKA

Abstract

This paper sets out to explore and review the application and nature of disclosures in Integrated Reporting (IR) among selected manufacturing organizations listed on Colombo Stock Exchange (CSE) in Sri Lanka. This study used (Abeysekera, 2013)“A template for integrated reporting” as the theoretical base of this study. The content analysis with qualitative coding technique used for this study and this study evaluates the extent and nature of IR disclosures by conducting a five-year analysis. Sample consists with twenty five Sri Lankan manufacturing companies listed on Colombo Stock Exchange (CSE) and out of that sample six companies were awarded as the best Integrated Report prepares by the Institute of Certified Management Accountants of Sri Lanka in 2015 (ICMASL, 2015). This study shows that the rapid development of integrated reporting policy and present theoretical and empirical challenges because of the different ways in which integrated reporting is understood and enacted within organizations. Further IR has increased in the extent of disclosure of human, social and relational, natural and intellectual capital information of the listed companies.It highlights many areas where further robust academic research is needed to guide developments in policy and practice of IR.