Value Creation Practice of Integrated Reporting: A Study on Non-Bank Financial Institutions in Bangladesh

摘要

Economy of Bangladesh is now on the way of developed country. Non - Bank Financial Institution (NBFI) is major contributor partner in this road. NBFIs provide multiple alternatives to transform an economy’s savings into capital investment. This study is conducted on 07 NBFIs companies out of 23 companies listed in Dhaka Stock Exchange (DSE). The aim of this research is to examine the application of value creation through Integrated Reporting (IR) in NBFIs sector of Bangladesh. A frequency of disclosure index is developed based on the International Integrated Reporting Council (IIRC) framework, 2013. The results show that, the overall level of application of value creation through IR is not at satisfactory level in NBFIs sector of Bangladesh. That is only 60% of value creation information available to entities stakeholders and still 40% of IIRC standard is not reflected in the annual reports of the among the sample firms. The study also found that, level of value creation disclosure of four sample entities out of seven sample entities is reported below to ove rall level of disclosure. IDLC Finance and Lanka Bangla Finance have been awarded for best presented of IR in 2020 by The Institute of Chartered Accountants of Bangladesh (ICAB). It is also evidenced in this study that, highest level of value creation information is disclosed by IDLC Finance Ltd. and Lanka Bangla Finance Ltd. The results also show that, the most of the items of IRCVDI were disclosed in the Chairman’s Report, Director’s Report, and Corporate Governance Report and in the Notes to the Financial Statements.