VALUE RELEVANCE OF THE DISCLOSURE IN THE FORM OF AN INTEGRATED REPORTING
Keywords:
Integrated Reporting, Value Relevance, DisclosureAbstract
Integrated reporting is to provide insight accounting information about the resources and the relationship of resources used that affect creating value of an organization. Integrated reporting includes capitals, content elements and indicators. This study aimed to investigate the level of integrated reporting disclosure and to examine the relationship between the disclosure in the integrated reporting forms and firm values of the commercial banks listed in the Stock Exchange of Thailand. The data from the annual report was analysed by using content analysis. The research findings indicated that capitals and indicators were disclosed in lowest level. In contrast, this research found that the content elements specified in organizational overview and external environment, business model and performance were disclosed in high level. Besides, the disclosure of social and governance indicators has significantly correlation with the market value at a95% confidence interval.
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