Open AccessEvaluation of corporate integrated reporting in South Africa post King III release South Africa: An exploratory enquiry
Author(s) -
Theophilus Senzosenkosi Makiwane,
Nirupa Padia
Publication year - 2013
Publication title -
journal of economic and financial sciences
Language(s) - English
Resource type - Journals
eISSN - 2312-2803
pISSN - 1995-7076
DOI - 10.4102/jef.v6i2.268
Subject(s) - integrated reporting , corporate governance , business , accounting , exploratory research , sustainability reporting , sustainability , value (mathematics) , corporate social responsibility , finance , public relations , political science , ecology , machine learning , sociology , anthropology , computer science , biology
Following the release of the King III report on Corporate Governance for South Africa, which became effective in March 2010, South African companies are expected to embrace the concept of integrated reporting in terms of which they are required to provide details of their strategies, corporate governance, risk management processes, financial performance and sustainability. More importantly, companies need to show how these components of integrated reporting are linked to one another so that stakeholders can make informed decisions about such companies’ current performance as well as their ability to create and sustain value in the future. The purpose of this study was to determine whether the level of reporting by South African listed companies has improved since the release of the King III report. It was subsequently found that there have been some progress in this regard, but there is still much room for improvement if the objectives of integrated reporting are to be fully met.