The value relevance of corporate financial and nonfinancial information provided by the integrated report: A systematic review

The integrated report (IR) is a new reporting tool connecting financial and non- financial information, in one report. The aim of IR is to present the firm's value crea- tion over time. In recent years, IR has received both increasing academic and professional interest. Recent researches have focused on the potentialities (and criti- calities) of IR and on its determinants, while there is a dearth of studies examining the value relevance of the information disclosed through IR for investors. Further- more, in the literature, there are two competing views on IR usefulness for investors, one positing IR as beneficial, the other, detrimental to investors. Our study intends to contribute to the existing literature by systematically reviewing the empirical studies conducted until now in a thorough and unbiased manner, allowing more general con- clusions to be drawn about the phenomenon than is possible from individual studies and to give some insights for further research activities.