Raporlama Sisteminde Yükselen Trend Entegre Raporlama: Çimento ve Bankacılık Sektöründe Bir Araştırma (The IncreasingTrend in the Reporting System Integrated Reporting: A Research in the Cement and Banking Sectors)

Abstract

Purpose – In the study, an answer to whether the integrated reporting, which sums up all the social, environmental and economic information in a single report, will add financial value to the enterprises is sought and it is aimed to examine the effects to be determined both on their own performance and on a sectoral basis. Design/methodology/approach – The universe of the research consists of 475 enterprises in the BIST index. Four enterprises, two of which are on the cement and the other two are on the banking sectors, who have published integrated reports for the last three years in a row, constitute the sample of the research. Under the lead of these sectors, two for each enterprises from abroad in the cement and banking sectors that have prepared integrated reports for the last three years were selected, and the ratio analysis method was applied to the financial statements of the enterprises from the last threeyear integrated reports and the three-year financial statements before the integrated report application, and the differences between the actual rates were analyzed. Therewithal, the effects of integrated reporting and the financial reports of the previous period on profitability were analyzed by using the structural equation modeling. Findings – According to the analysis results of the cement industry; while the Turkish enterprises had more successful results than foreign companies in both reporting periods, the enterprises achieved more successful financial results in periods when they did not publish integrated reports regardless of their origin. In the banking sector, while Turkish banks are successful in their financial structure ratios, foreign banks have been more successful in the results of profitability ratio analysis. It was concluded that the earnings per share increased in all enterprises during the period when they published integrated reports, and it was determined that the financing ratio in the integrated reporting periods in the banking sector had a significant effect on the capital adequacy ratio. Discussion – According to the results of the research, it can be inferred that the integrated reporting does not have a significant effect on the financial data of the enterprises and the financial indicators that should be evaluated together with macroeconomic variables, time, social and environmental effects.