Accounting and Finance; University of Gothenburg Details Findings in Accounting and Finance (Adapting Integrated Reporting Through the Stages of Local Rationalisation)

  • Svetlana Sabelfeld
  • John Dumay
  • Matteo La TorreUniversità degli Studi "G. d'Annunzio" Chieti – Pescara

Press/Media: Research

Period5 May 2023

Media contributions

1

Media contributions

  • TitleAccounting and Finance; University of Gothenburg Details Findings in Accounting and Finance (Adapting Integrated Reporting Through the Stages of Local Rationalisation)
    Degree of recognitionInternational
    Media name/outletInvestment Weekly News
    Media typeWeb
    Duration/Length/Size440 words
    Country/TerritoryAustralia
    Date5/05/23
    Description2023 MAY 13 (VerticalNews) -- By a News Reporter-Staff News Editor at Investment Weekly News -- Research findings on Accounting and Finance are discussed in a new report. According to news reporting from Gothenburg, Sweden, by VerticalNews journalists, research stated, "In 2013, the International Integrated Reporting Council (IIRC) released the integrated reporting (IR) framework to become the corporate reporting norm. Ten years later, IR has not been diffused globally, with two notable exceptions - South Africa and Japan."

    Funders for this research include Jan Wallanders och Tom Hedelius Stiftelse samt Tore Browaldhs Stiftelse, Scandinavian-Japan Sasakawa Foundation.

    The news correspondents obtained a quote from the research from the University of Gothenburg, "IR in South Africa has been the subject of comprehensive research, but we know little about IR's journey through the political and cultural dualism of Japan. We see adaptation as an essential step in institutionalising IR, and for this reason, we have examined the process of adapting IR in Japan by analysing the stages through which local actors have rationalised IR to solve local corporate governance and reporting problems. Our evidence from field observations, public documents, and interviews reveal five stages of political, cultural and professional rationalisations. These shape a mutual adaptation process. Through rationalisation, we unveil how the ambiguous global idea of IR has been transformed in Japan into a local solution and an institutionalised practice aligned with the local business culture. At the same time, local actors have adapted their reporting and communication practices to the ideology of IR. By embracing the notion of rationalisation, this study enriches the theory of how the powers and motivations of social actors mediate and shape adaptation."

    According to the news reporters, the research concluded: "What emerges is compatibility between accounting innovation and the local context."

    This research has been peer-reviewed.

    For more information on this research see: Adapting Integrated Reporting Through the Stages of Local Rationalisation. Accounting Forum, 2023:1-25. Accounting Forum can be contacted at: Taylor & Francis Ltd, 2-4 Park Square, Milton Park, Abingdon OR14 4RN, Oxon, England. (Elsevier - www.elsevier.com; Accounting Forum - www.journals.elsevier.com/accounting-forum/)

    Our news journalists report that additional information may be obtained by contacting Svetlana Sabelfeld, University of Gothenburg, Gothenburg Res Inst, Gothenburg, Sweden. Additional authors for this research include John Dumay and Matteo La Torre.

    Keywords for this news article include: Gothenburg, Sweden, Europe, Accounting and Finance, Asia, Japan, University of Gothenburg.

    Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2023, NewsRx LLC

    NewsRX, LLC

    Document INVWK00020230505ej55000vs
    Producer/AuthorNews Editor at Investment Weekly News
    PersonsSvetlana Sabelfeld, John Dumay, Matteo La Torre