ISSN: 2225-8329
Open access
This concept paper explores the challenges and potential solutions in the adoption of Integrated Reporting (IR) within the context of Malaysia. IR is a comprehensive reporting approach that integrates financial, environmental, social, and governance information to provide a holistic view of a company's performance and value creation. The paper categorizes these challenges into four main areas: Organizational Characteristics and Capabilities, Technological Capability and Security, Governance and Stakeholder Readiness, and Regulatory Environment and Supportive Infrastructure. Within each category, specific challenges are identified, and evidence-based recommendations are provided to address these challenges. The paper emphasizes the importance of strategic alignment, capacity building, stakeholder engagement, and supportive regulatory frameworks in facilitating the successful adoption of IR. The recommendations are tailored to the Malaysian context, taking into account the unique characteristics of Malaysian firms and the regulatory environment. By addressing the challenges discussed and implementing the recommended solutions, Malaysian firms can enhance their readiness for IR adoption, leading to improved transparency, accountability, and long-term value creation. This concept paper serves as a foundation for further research and practical initiatives aimed at advancing the adoption of IR in Malaysia and similar contexts.
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In-Text Citation: (Ali et al., 2023)
To Cite this Article: Ali, S. M., Zaini, S. M., Syaqilah, S. B. H., & Ali, M. M. (2023). Managing Challenges in the Adoption of Integrated Reporting: A Conceptual Exploration of the Malaysia Context. International Journal of Academic Research in Accounting Finance and Management Sciences, 13(2), 581–598.
Copyright: © 2023 The Author(s)
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