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E-ISSN : 2249 - 4642 | P-ISSN: 2454 - 4671
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Integrated Reporting Reports and their Impact on the Iraqi Economic Units Returns
Mohammed Zuhair Majeed, A. M. Dr. Salman Hussein Abdullah
Volume: 12 Issue: 4 2022
Expanding the scope of reporting for economic units to include, in addition to financial information, non-financial information that discloses non-financial performance and merging it with financial information in unified lists called integrated reporting lists. The main objective of integrated reporting is to report to stakeholders about everything related to the economic unit from its strategy and performance of its financial, economic, environmental and social activities for the purpose of value creation and sustainability over time. Therefore, some Iraqi economic units adopted this perspective and disclosed the non-financial, environmental, social and economic information in addition to the financial information, which led to the enhancement of their financial returns. To prove this, a statistical analysis was conducted using the (Mann-Whitney Test) for two independent samples, and when it was proven that there are significant differences between the returns of the research sample units, the arithmetic means of the units that adopt work in integrated reporting were compared with those that do not work with it, and they are Two banks that operate with integrated reporting and two banks that do not work for the period from (2017-2020). The research found that there is a significant difference between the economic units that adopt integrated reporting reports on their counterparts that do not, and that this difference is an increase in the revenues of the economic unit and thus an increase in the share of one share of profits, which led to an increase in the value of the share in the market. Which leads to enhancing the market value of the economic unit.
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