Impact of Integrated Reporting on Share Prices of Selected Oil and Gas Companies of India

Vol-6 | Issue-05 | May-2021 | Published Online: 15 May 2021    PDF ( 254 KB )
DOI: https://doi.org/10.31305/rrijm.2021.v06.i05.003
Author(s)
Modi Vishakhaben 1; Dr. Chetana R. Marvadi 2

1Research Scholar (Ph.D.), S. D. School of Commerce, Gujarat University, Ahmedabad, Gujarat

2Assistant Professor, S. D. School of Commerce, Gujarat University, Ahmedabad, Gujarat

Abstract

Now-a-days the traditional methods of reporting and only historical financial information of the organization are not enough for the shareholders to know about the particular organization. There is also requirement for non-financial information in the company’s annual report. The company has a perfect way to communicate with shareholders of all information which is Integrated Reporting. This study aims to examine the impact of integrated reporting on the share price of selected Oil and Gas companies of India. For this purpose data were collected through secondary sources i.e. annual reports and integrated reports for the period of 2012-13 to 2019-20. In this study, integrated disclosure index is calculated as per the components of the <IR> framework. It is found that total assets have more impact on the company while voluntary disclosure of the components of integrated reporting as per the <IR> Framework has a very low impact on the Share Price of the company. The overall results indicate that there is no connection between extent of integrated
reporting and share price in oil and gas sector.

Keywords
Integrated Reporting, Share Prices, Disclosure Index, Multiple Regression Analysis, framework
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