Integrated reporting principles in the financial reports of public corporations

Abstract

This study is about integrated reporting () practices and applicability for Maltese public corporations. Thus, the study analyses current annual reporting practices of a sample of Maltese public corporations and delves into the level of awareness that the participating public corporations’ officials have on practices. The gap between current annual reporting practices and is explored, together with an assessment of potential benefits from adopting . Around 2007 and 2009, the Financial Crises and the Sovereign Debt Crises have shown us that there was a need to enhance public sector reporting to obtain better transparency and accountability. In addition to the above-mentioned global crises, there are other factors which raised the need for better reporting such as unemployment rates, fraud, employee welfare, climate change and global warming. These environment and social factors have shown us that the numerical based annual reports are not sufficient to cater for these non-financial issues (Busco et al., 2013). […]