Research On The Framework Of Corporate Integrated Reporting In China

As the outbreak of the financial crisis in 2008, the global economic decline.However,corporate reporing system has reached a place where reports are isolated.What`s worse,it has been imbalance between organization`s information supply and stakeholders` information demand. Integrated reporting(IR), the purpos is to effectively integrate financial information and non-financial information, emerged to face things.Recently,all of us gradually realize the importance and IR has become a new trend of international reports following 5 years of development.However,IR has not been practical applicated by our companies,and the research literature is in its infancy.Therefore,in order to construct IR framework suiting national conditions,combing the development trend,the article draws the following conclusions.(1)IR is the inevitable choice for corporate reporting. After analyzing applications both at home and abroad,retrospecting evolutions and comparing IR with other enterprise reporting, dissertation explores the development trend of international corporate reporting.Combining with statistical analysis,induction and deduction method,and comparative method,the results showed that:112 organizations of IIRC Pilot Project indicates that IR has already achieved initial success;It fully supports that corporate reporting`s future trends will be IR according with evolution process "Merger-Independence-Merger";Meanwhile,all kinds of reporting has been integrated by IR which makes a breakthrough in method- s,principles and contents.(2)Our IR should cover external environment,business model, internal governance, strategic, comprehensive performance and prospect contents,on principles of predictability, connectivity, simplicity, importance, comparability and stakeholders.To meet our country,dissertation discusses our IR Framework from two aspects of guiding principles, content elements in base on path accessing informations and process of business value creation.Then,paper argues the new IR with CLP Holdings comparative,including itself longitudinal comparison from 2010 to 2013,as well as horizontal comparison of 2013 IR with Platinum Bafu(South Africa).This article is divedes into five chapters.The first chapter proposes overall arrangements,including the significance, background,methods,and technical routs.It reviewes IR relevant literatures on domestic and international by literature induction, and analyzes their practices in chapter two.Chapter three is to lay the theoretical foundation by combing some history about IR and comparison some reporting standards.This article forcuses on chapter 4. This chapter discusses our IR framework from guiding principles and content elements with case study.Finally,on the basis of above,considering from the aspects of governments,enterprises,fincial personnel and firms,exchanges,higher education institutions,research institutions and so on,the paper goes on to put forward suggestions to estabilish our IR system.