| 1. |
- Beusch, Peter, 1967, et al.
(författare)
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Communication of Business Model Reporting i Corporate Reports - a Study of Reporting Patterns in Sweden
- 2018
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Ingår i: 41st Annual Congress of the European Accounting Association, May 2018, Milan, Italy.
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Konferensbidrag (refereegranskat)abstract
- Purpose - In recent years, stakeholders´ raised awareness of environmental, societal and governance problems exposed large companies to increased pressure by demanding better accounts on how they create value that benefits not only shareholders but also environment and society. From this perspective, accounts on business models (BM) become crucial, because business models are supposed to reflect the entire value creation process of organizations. In light of the global sustainable development discourse, IIRC (2013) developed a reporting framework positioning BM at the core of the corporate report. Today, a major drawback of sustainability concepts is their application as they are defined and used in various ways and, firm internally and externally, often handled in an isolated manner. This study discusses BM, as framed by and by a wider research perspective, by connecting the internal value creation perspective with external accounts of this value creation. The purpose of this study is to explore the patterns of BM reporting in Swedish companies over time and to analyze the role of in the development of reporting patterns. Design/methodology/approach – The paper rests on a comprehensive and multidimensional disclosure study based on a mostly quantitative approach in combination with minor qualitative elements. We focus on 300 annual-, sustainability-, combined- and integrated reports from the largest companies listed on the Swedish Stock Exchange. In order to examine patterns and trends, the study investigates the seven years period 2010-2016. Findings – The findings reveal three patterns of BM reporting reflecting the relation between the internal performance improvement perspective (PIP) and the external transparency perspective (TP). The first pattern is non-coupling, which means that external accounts on BM are symbolic and legitimacy- driven accounts that look transparent but do not reflect internal performance improvement. The second pattern shows strong-coupling, in which external BM accounts reflect the process of sustainable value creation, thus being strongly connected to the PIP-perspective. We also identify a grey-zone, a third pattern of loose-coupling, when companies over time move towards reflecting PIP, but have not yet reached the strong coupling stage. Most companies that actually provide integrated reports also appear to have started a development of communication practices that seem to have their roots in the IR framework (IIRC, 2013). The overall development patterns of the BM reporting demonstrates that the fulfilment of integrated reporting requirements, in the future, might experience the above-articulated stages. Results may differ depending on industry domain. Research limitations/implications – This study is of interest and relevance to business and academic communities, reporting organisations and regulators. The herein insights into various aspects of the communication of BM and how organizations are dealing with this, but also other core features of the concept, are vital inputs in the on-going quest for more effective corporate reporting. Originality/value – This is an original in-depth study contributing to the scarce research on early practice development of the communication of BM in corporate reports and thus the fulfilment of important aspects of corporate reporting.
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| 2. |
- Jan, Michalak, et al.
(författare)
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Business Model Disclosures in Corporate Reports
- 2017
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Ingår i: Journal of Business Models. - 2246-2465. ; 5:1, s. 51-73
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Tidskriftsartikel (refereegranskat)abstract
- Purpose: In this paper, we investigate the development, the current state, and the potential of business model disclosures to illustrate where, why and how organizations might want to disclose their business models to their stakeholders. The description of the business model may be relevant to stakeholders if it helps them to comprehend the company ‘story’ and increase understanding of other provided data (i.e. financial statements, risk exposure, sustainability of operations). It can also aid stakeholders in the assessment of sustainability of business models and the whole company. To realize these goals, business model descriptions should fulfil requirements of users suggested by various guidelines. Design/Methodology/Approach: First, we review and analyse literature on business model disclosure and some of its antecedents, including voluntary disclosure of intellectual capital. We also discuss business model reporting incentives from the viewpoint of shareholders, stakeholders and legitimacy theory. Second, we compare and discuss reporting guidelines on strategic reports, intellectual capital reports, and integrated reports through the lens of their requirements for business model disclosure and the consequences of their use for corporate report users. Third, we present, analyse and compare examples of good corporate practices in business model reporting. Findings: In the examined reporting guidelines, we find similarities, e.g. mostly structural but also qualitative attributes, in their presented information: materiality, completeness, connectivity, future orientation and conciseness. We also identify important differences between their frameworks concerning the target audience of the reports, business model definitions and business model disclosure requirements. Discontinuation of intellectual capital reporting conforming to DATI guidelines provides important warnings for the proponents of voluntary disclosure – especially for International Integrated Reporting Council guidelines. Still, because relatively few studies have examined the preparation and use of business model disclosures, we suggest areas for further research. Originality/Value: This paper is the first that investigates, analyses, and compares the three most common reporting frameworks that contain business model reporting and disclosures.
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| 3. |
- Jonäll, Kristina, 1964, et al.
(författare)
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Corporate Bee Accountability among Swedish Companies
- 2016
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Ingår i: The Business of Bees An Integrated Approach to Bee Decline and Corporate Responsibility Jill Atkins and Barry Atkins. - UK : Greenleaf Publishing Ltd. - 9781783534357 ; , s. 260-276
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Bokkapitel (refereegranskat)
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| 4. |
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| 5. |
- Jonäll, Kristina, 1964, et al.
(författare)
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Teorier inom redovisning för hållbarhet
- 2018
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Ingår i: Redovisning för hållbarhet. - Stockholm : Sanoma utbildning. - 9789152343883 ; , s. 33-52
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Bokkapitel (övrigt vetenskapligt/konstnärligt)
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| 6. |
- Nielsen, Christian, et al.
(författare)
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Outperforming markets: IC and the long-term performance of Japanese IPOs
- 2015
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Ingår i: Accounting Forum. - : Informa UK Limited. - 0155-9982 .- 1467-6303. ; 39, s. 83-96
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Tidskriftsartikel (refereegranskat)abstract
- © 2015 Elsevier Ltd. This article studies the effects of disclosure practices of Japanese IPO prospectuses on long-term stock performance and bid-ask spread, as a proxy for cost of capital, after a company is admitted to the stock exchange. A disclosure index methodology is applied to 120 IPO prospectuses from 2003. Intellectual capital information leads to significantly better long-term performance against a reference portfolio, and is thus important to the capital market. Further, superior disclosure of IC reduces bid-ask spread in the long-term, indicating that such disclosures are important in an IPO setting. Analysts and investors can attain higher long-term returns by understanding IC.
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| 7. |
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| 8. |
- Rimmel, Gunnar, 1971
(författare)
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Accounting for biodiversity
- 2016
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Ingår i: The International Journal of Accounting. - : Elsevier. - 0020-7063 .- 1879-2251. ; 51:3, s. 433-435
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Recension (övrigt vetenskapligt/konstnärligt)
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| 9. |
- Rimmel, Gunnar, 1971, et al.
(författare)
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Global Reporting Initiative
- 2018
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Ingår i: Redovisning för hållbarhet , Susanne Arvidsson, Peter Beusch, Berit Hartmann, Kristina Jonäll, Svetlana Sabelfeld, Matti Skoog ; Gunnar Rimmel, red. kapitel 8. - Stockholm : Sanoma Utbildning. - 9789152343883
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Bokkapitel (refereegranskat)
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| 10. |
- Rimmel, Gunnar, 1971, et al.
(författare)
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Integrerad rapportering
- 2018
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Ingår i: Redovisning för hållbarhet / Susanne Arvidsson, Peter Beusch, Berit Hartmann, Kristina Jonäll, Svetlana Sabelfeld, Matti Skoog ; Gunnar Rimmel, red. kapitel 9. - Stockholm : Sanoma Utbildning. - 9789152343883
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Bokkapitel (refereegranskat)
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