This paper aims to explore how integrated reporting (IR) preparers manage the risk of disclosing future-oriented information in companies’ integrated reports. This study represents an exploratory interpretative thematic analysis of 33 semi-structured interviews with managers involved in IR in eight Sri Lankan companies representing various industries. This paper provides evidence of various strategies to manage the risk associated with the disclosure of future-oriented information in integrated reports. These strategies include making non-specific

predictions; increasing the accuracy of the predictions; linking performance management to disclosed targets, thus ensuring individual responsibility for target achievement; disclosing ex post explanations for not achieving previously disclosed targets; and linking disclosed targets to the company’s risk management procedures. However, these strategies can cause managers to provide conservative future-oriented information, rather than “best estimate” future-oriented information.

  A. M. I. Lakshan, M. Low and C. de Villiers

 Sustainability Accounting, Management and Policy Journal

Abstract :- https://doi.org/10.1108/SAMPJ-03-2019-0114