Firm Characteristics and Adoption of Integrated Reporting: An Emerging Market Perspective

Only 31 firms out of Bombay Stock Exchange 100 index firms have adopted integrated reporting (IR); thus, these companies form the test case as the study examines the firm characteristics which motivate these 31 from the top 100 companies. The data are considered for five financial years ending 2020. Logistic regression is performed, and our result indicated that the company's size, its structural complexity, and part of the Environmental social governance index affect the adoption of IR. We contribute to the growing body of literature by explaining the factors that influence the adoption of IR, which is now more important in light of the impending International Sustainability Standards Board of IFRS. Also, it will assist current and prospective stakeholders in determining how the firms' characteristics can predetermine their chances of adopting newer reporting norms and practices.