Integrated Reporting (IR) is one of the new reporting phenomenon that have gained widespread attention over the last decade because of the growing demand on non-financial forward-looking information. It combines financial and non-financial information such as governance and social information under one report. Even though this implementation framework has been published, there is need to address its effects on share prices and earnings per share ratio with an analytical manner. In this paper we have adopted a panel data analysis to test the effects of mandatory IR implementation on companies listed in the Johannesburg Stock Exchange. The connection was established through a panel data analysis on two separate models composed of financial ratios, between the years of 2007 and 2016 using a dummy variable starting from 2011 to incorporate the commencement of mandatory IR.
: 21 Eylül 2018
|APA||Sayar, A , Tokdemir, M . (2018). DOES MANDATORY INTEGRATED REPORTING AFFECT STOCK PRICES? AN EMPIRICAL STUDY ON THE JOHANNESBURG STOCK EXCHANGE . Journal of Research in Business , 3 (2) , 133-149 . DOI: 10.23892/JRB.2019.26|