Econometric model for quality evaluation of integrated reporting
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2018, Vol 3, Issue
Abstract
The article considers the issues of evaluating the quality of integrated reporting in economic entities through using an econometric model. It is proved that the econometric model developed for monitoring the quality of integrated reporting is an effective tool for evaluation. Therefore, the subject matter of the article is an econometric model for quality evaluation of integrated reporting, and the study object is the quality of integrated reporting. Accordingly, the research objective is to develop an econometric model for quality evaluation of integrated reporting. The achievement of the objective requires solving the following tasks: 1) to establish a criterion for developing an econometric model for quality evaluation of integrated reporting; 2) to analyse changes of indicators, which affect the quality of integrated reporting; 3) to develop a correlation matrix for the connection of criteria included in integrated reporting; 4) to determine how indicators, which are included in integrated reporting, affect its quality; 5) to analyse the outcomes of developing an econometric model for quality evaluation of integrated reporting. The proposed methods used for developing an econometric model for quality evaluation of integrated reporting in economic entities are as follows: analysis, synthesis, induction, deduction, abstraction, idealization, generalization, and modeling. The theoretical framework and further elaboration of practical steps towards quality evaluation of integrated reporting through using an econometric model is relevant and important for users of such reporting. The results of international annual competitions on quality evaluation of integrated reporting in European economic entities and enterprises of South Africa are presented. Introducing an econometric model for quality evaluation of integrated reporting is of particular importance for countries in transition. The study proposes approaches for quality evaluation of integrated reporting through using an econometric model. The obtained findings serve as a guide for setting new standards of integrated reporting in entities. In entities, the findings might be used to prepare, submit and make public reporting. In conclusion, the paper outlines future prospects which are aimed at using three more criteria for developing an econometric model of quality evaluation of integrated reporting, namely: 1) disclosure of information on performance in sustainable development; 2) compliance with the recommendations of the International Integrated Reporting Council; 3) interaction between interested parties.
Authors and Affiliations
Kostiantyn Bezverkhyi
Keywords
Related Articles
- EP ID EP467724
- DOI -
- Views 77
- Downloads 0
Participation of the joint-stock sector in the innovation-driven growth of Ukraine’s economy: problems and ways to solve them
The article considers the institutional factors hindering the innovation-driven growth in Ukraine’s economy. It has been theoretically proved, that in the market economy the downward trend of profit rate forces entrepren...
Personnel management in processing enterprises of rivne region in the context of social responsibility of business
The article deals with the actual questions of management problems of processing enterprises of Rivne region in the context of social business responsibilities. It is determined that modern innovative approaches to socia...
Methodological aspects of evaluating the efficiency of innovation projects
The study argues that since the growth of an enterprise is driven by innovation and investment, investment and innovation projects should be evaluated with the same criteria of efficiency as an enterprise itself. For own...
The competitiveness of Ukraine’s banks in the world banking market
The article examines the market of banking services in Ukraine through comparing indicators of competitiveness of Ukrainian banks and banks with foreign capital in the domestic market and global market. Taking into accou...
Organizational and economic background for business process reengineering on the market of municipal heating in Ukraine
The article explores organizational, economic and institutional prerequisites for starting reengineering business processes on the enterprises of the Ukrainian central heating market in the context of Ukrainian social-ec...