The Relationship between Integrated Reporting Disclosures and Firm Performance in Malaysia: The Roles of Family Firms and Board Gender Diversity

Abstract

Since the beginning of year 2020, Covid-19 pandemic crisis attacks the whole world. The outbreak affects all companies from all sizes across all industry sectors. As a result, global economy is significantly impacted by Covid-19. In order to provide a holistic view on the matters related to impacts faced by companies as well as how the companies create value during the pandemic periods, companies will improve the information disclosures to the stakeholders. As integrated reporting improves quality of information on non-financial information, it is able to provide useful information on future prospects of companies as well as the effects of pandemic. Cross sectional analysis and content analysis will be used in the study. This study suggests that when companies apply integrated reporting to produce the annual reports, there will be an improvement of firm performance. This study also proposes that the roles of family firms and board gender diversity can also influence the association between integrated reporting disclosures and performance of company. The findings of study can give an overall picture to the management on how the integrated reporting disclosures influence firm performance. Results of study can also be employed by regulatory bodies to design policies to promote the adoption of integrated reporting.