Drivers, Challenges and Organisational Changes Associated with Integrated Reporting in Sri Lanka

This study investigates the influence of integrated reporting on organizations, with a focus on their preparedness and maturity in producing integrated reports. Empirical data was collected from interviews with listed companies and other influential actors promoting or involved in integrated reporting in Sri Lanka. The study reveals the pivotal role senior managers' personal attributes, such as self-efficacy (encompassing self-confidence, knowledge, experience), goals, and expectations relating to IR, play in facilitating or hindering the adoption and practice of integrated reporting. The challenges associated with the adoption and practice of integrated reporting are intrinsically tied to these specific managerial attributes and vary according to the maturity of the company in preparing integrated reports. Moreover, the extent to which organizations undergo change in connection with integrated reporting is contingent upon these personal attributes of senior managers.