INTEGRATED REPORTING AS A TOOL FOR TRANSPARENCY AND
ECONOMIC SECURITY OF BUSINESS

Mykola SKRYPNYK

Chernivtsi Institute of Trade and Economics of SUTE, Chernivtsi

https://orcid.org/0000-0003-3597-6188

Nataliia SKRYPNYK

Chernivtsi Applied College of Technologies and Design, Chernivtsi

https://orcid.org/0000-0003-2180-5863

DOI: http://doi.org/10.34025/2310-8185-2025-3.99.04

Keywords: integrated reporting, transparency, economic security, stakeholders, capitals, business model, non-financial information, risks.

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Summary

In the context of global economic instability, increased geopolitical risks, and growing stakeholder demands for corporate information transparency, there is an urgent need to implement an integrated approach to corporate reporting. Traditional financial reporting is unable to fully reflect all aspects of business value creation, especially in the context of non-financial risks and opportunities. Integrated reporting, which combines financial and non-financial information about company's activities, acts as an innovative tool for ensuring transparency and economic security in the context of transformational changes in the business environment. The purpose of the article is to study the theoretical foundations and practical aspects of using integrated reporting as a tool for ensuring transparency of corporate information and strengthening the economic security of enterprises in conditions of business environment uncertainty.

The article analyzes the evolution of the integrated reporting concept and its role in ensuring business transparency. The relationship between the level of integrated information disclosure and indicators of enterprise economic security has been investigated. Key components of integrated reporting that enhance stakeholder trust have been identified: capital management, business model, strategy, risk management, and future outlook. An author's model of the impact of integrated reporting on the components of enterprise economic security through the transparency mechanism is proposed. A system of indicators for assessing the level of transparency of integrated reporting of Ukrainian enterprises has been developed. The research results can be used by domestic enterprises in developing a strategy for implementing integrated reporting, by analysts and investors - for assessing the transparency and level of economic security of companies, by regulators - in forming requirements for corporate reporting in Ukraine. Further research should be directed towards developing industry-specific implementation of integrated reporting, assessing the impact of digitalization on integrated reporting formats, and analyzing the correlation between integrated reporting quality and company market capitalization.

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Biographies of authors:

Mykola SKRYPNYK,

Chernivtsi Institute of Trade and Economics of SUTE

Candidate of Economic Sciences, Associate Professor
Associate Professor Department of Finance, Accounting and Taxation

Nataliia SKRYPNYK,

Chernivtsi Applied College of Technologies and Design

Candidate of Economic Sciences, Associate Professor
Lecturer of accounting disciplines, specialist of the highest category

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