Integrated reporting disclosure alignment levels in annual reports by listed firms in Vietnam and influencing factors
ISSN: 2049-372X
Article publication date: 12 July 2021
Issue publication date: 23 November 2022
Abstract
Purpose
This paper aims to examine the levels of integrated reporting disclosure alignment in annual reports by listed firms in Vietnam and the factors influencing these disclosure levels.
Design/methodology/approach
Drawing on a sample of 200 listed firms in Vietnam in 2017, the authors constructed a disclosure index based on the content of the International Integrated Reporting Committee (IIRC) Framework. Using this index, the study measures the extent to which Vietnamese listed firms’ annual reports include the content elements required by the integrated reporting (IR) Framework. The study performs ordinary least square regression to investigate the influencing factors.
Findings
The study documents that, on average, Vietnamese listed firms disclose about 43% of the information required by the IIRC Framework. The disclosure levels are positively associated with manufacturing firms, board independence, foreign ownership, government ownership, audit quality and firm size.
Originality/value
Integrated reports have been widely adopted in many countries, but it is still a new issue in Vietnam. This is the first paper providing some insights into the inclusion of the content elements required by the IR Framework by listed firms in Vietnam. It also contributes to the disclosure literature by providing empirical evidence on the factors influencing these disclosure levels. Deriving from the findings, the authors offer recommendations for policymakers on the issue of regulating and implementing IR in Vietnam.
Keywords
Acknowledgements
The authors would like to thank the editor and reviewers for their comments and suggestions that greatly helped improve the manuscript.
Citation
Nguyen, H.C., Nguyen, P.M.H., Tran, B.H., Nguyen, T.T.N., Hoang, L.T.T. and Do, T.T.H. (2022), "Integrated reporting disclosure alignment levels in annual reports by listed firms in Vietnam and influencing factors", Meditari Accountancy Research, Vol. 30 No. 6, pp. 1543-1570. https://doi.org/10.1108/MEDAR-02-2020-0710
Publisher
:Emerald Publishing Limited
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