International Journal of Nonlinear Analysis and Applications

A model for an integrated reporting framework with an Islamic approach (Nonlinear analysis-fuzzy logic)

Document Type : Research Paper

Authors

1 Department of Accounting, Yasouj Branch, Islamic Azad University, Yasouj, Iran

2 Department of Accounting, Gachsaran Branch, Islamic Azad University, Gachsaran, Iran

3 Department of Public Administration, Yasouj Branch, Islamic Azad University, Yasouj, Iran

Abstract

The main goal of this research is to develop a model for an integrated reporting framework with an Islamic approach. First, the researcher determined the framework's structure and components using theoretical foundations. Then, the structure and components of the framework were modified and finalized by the experts with the knowledge base. A structured form of the components was used twice to judge 32 experts in integrative reporting. The final model was determined by combining the Delphi technique with fuzzy logic and nonlinear data analysis. This template includes 7 Guidelines and 8 Content elements. In the Islamic section, several principles were determined as a guideline and several components were set to contribute to the content of the Islamic part of the report.

Keywords

[1] S. Abdullah, Conventional and Islamic perspective in accounting: potential for alternative reporting framework, Int. J. Econ. Manag. Eng. 12 (2018), no. 2, 244–247.
[2] A.E.J. Akbari, Z. Fathi, and M. Minouei, Identifying the effective components on promoting tax capacity in e-commerce and providing tools based on identified categories, Tobacco Regul.Sci. 8 (2022), no. 1, 1114–1142.
[3] F. Casonato, F. Farneti, and J. Dumay, Social capital and integrated reporting: Losing legitimacy when reporting talk is not supported by actions, J. Intell. Capital 20 (2019), no. 1, 144–164.
[4] C.H. Cheng and Y. Lin, Evaluating the best main battle tank using fuzzy decision theory with linguistic criteria evaluation, European J. Oper. Res. 142 (2002), no. 1, 174–186.
[5] N. Dalkey and O. Helmer, An experimental application of the Delphi method to the use of experts, Manag. Sci. 9 (1963), no. 3, 458–467.
[6] F. Darougheh Hazrati and S. Nekooizadeh, The relationship between audit committee characteristics and integrated reporting, Sci. J. New Manage. Account. Res. Approach. 5 (2021), no. 74, 53–78.
[7] C. De Villiers, L. Rinaldi, and J. Unerman, Integrated reporting: Insights, gaps and an agenda for future research, Account. Audit. Account. J. 27 (2014), no. 7, 1042–1067.
[8] H. Ehtesham Mehr, Y. Kamyabi, and M. Khalilpour, Identifying the effective factors on the convergence of integrated reporting in the companies admitted to the Tehran stock exchange, Knowledge Manage. Account. Audit. 11 (2022), no. 44, 177–195.
[9] M. Farrokhi, R. Gholami Jamkarani, M. Kashanipour, M. Mehrabanpour, and H. Meysami, Dimensions and key components of corporate sustainability reporting with an Islamic approach, Knowledge Islamic Econ. 11 (2019), no. 2(consecutive 22), 173–190.
[10] T. Gambling and R.A. Karim, Islam and ‘social accounting’, J. Bus. Finance Account. 13 (1986), 39–50.
[11] A. Habibi, A. Sarafrazi, and S. Izadyar, Delphi technique theoretical framework in qualitative research, Int. J. Eng. Sci. 3 (2014), no.4, 08–13.
[12] J. Hanks and L. Gardiner, Integrated Reporting: Lessons From the South African Experience, A Global Corporate Governance Forum Publication, World Bank, Washington, 2012.
[13] G. Hofstede, Cultures Consequences: International Difference in Work Related Values, Sage Publications, London,1980.
[14] International Integrated Reporting Committee, Towards Integrated Reporting: Communicating Value in the 21st Century, Author Lond, 2011.
[15] International Integrated Reporting Committee, The International IR Framework, IR Council, Zurich, Switzerland, 2013.
16] E. Kamali and M. Koveiti, Integrated reporting framework: A new approach to discloser of intellectual capital, 16th Nat. Account. Conf., 2017.
[17] J.R. Kassai and N. Carvalho, Integrated reporting: when, why and how did it happen?, C. Mio, (eds) Integrated reporting, Palgrave Macmillan, London, 2016.
[18] KPMG, Carrots and sticks: Sustainability reporting policies worldwide—today’s best practice, tomorrow’s trends, Centre for Corporate Governance in Africa, Global Reporting Initiative, and UNEP (United Nations Environment Programme), 2013.
[19] H.A. Linstone and M. Turoff, The Delphi Method Techniques and Applications, Massachusetts, Reading: Addison-Wesley, 1975.
[20] M.S. Marchbank, An investigation of the integrated reporting disclosure practices of the top 40 listed South African companies, University of Johannesburg (South Africa), 2016.
[21] I. Matuszyk and B. Rymkiewicz, Integrated reporting as a tool for communicating with stakeholders–advantages and disadvantages, E3S Web Conf., EDP Sci., 35 (2018), pp. 06004.
[22] J.A. Somerville, Effective Use of the Delphi Process in Research: Its Characteristics, Strengths and Limitations, Oregon, Corvall´ıs, 2008.
[23] G. Zouari and K. Dhifi, The impact of ownership structure on integrated reporting in European firms, Corporate Commun.: Int. J. 27 (2022), no. 3, 527–542.
International Journal of Nonlinear Analysis and Applications
Volume 16, Issue 3
March 2025
Pages 27-34
  • Receive Date: 10 September 2023
  • Accept Date: 05 February 2024