Article Sidebar

Download
PDF
Statistic
Read Counter : 38 Download : 23

Downloads

Download data is not yet available.

Main Article Content

Abstract

This study investigates how corporate governance (CG) mechanisms influence the quality of integrated reporting (IR) by conducting a systematic review of 23 empirical articles published between 2020 and 2025, sourced from Sinta 4-accredited or Scopus Q4-indexed journals. The articles were selected using predefined inclusion criteria and analyzed thematically. The findings show that governance factors such as board independence, audit committee activity, board size, gender diversity, audit quality, and executive compensation play a significant role in enhancing IR quality. In Indonesia and other regions such as Asia, Europe, and South Africa, the influence of CG on IR is evident, although variations exist due to sectoral and methodological differences. Most studies are grounded in agency theory, with support from stakeholder and legitimacy theories. The review highlights that robust governance practices are consistently associated with high-quality integrated reporting, offering actionable insights for regulators, policymakers, and organizations aiming to strengthen CG frameworks and reporting practices.

Keywords

Agency Theory Corporate Governance Integrated Reporting Systematic Literature Review

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Hidayat, W. N., & Yusnaini Yusnaini. (2026). Corporate Governance and Integrated Reporting: A Systematic Review of Empirical Evidence in Business Contexts. Ilomata International Journal of Management, 7(1), 120-134. https://doi.org/10.61194/ijjm.v7i1.1873

References

  1. Adams, C. A. (2015). The international integrated reporting council: A call to action. Critical Perspectives on Accounting, 27, 23–28. https://doi.org/10.1016/j.cpa.2014.07.001
  2. Afifah, H., Surwanti, A., & Sotya Pamungkas, W. (2022a). The Influence Of Corporate Governance On Integrated Reporting Disclosure Moderated By Type Auditor. Interdisciplinary Social Studies, 1(5), 234–241. https://doi.org/10.36418/jws.v1i5.34
  3. Afifah, H., Surwanti, A., & Sotya Pamungkas, W. (2022b). The Influence Of Corporate Governance On Integrated Reporting Disclosure Moderated By Type Auditor. Interdisciplinary Social Studies, 1(5), 234–241. https://doi.org/10.36418/jws.v1i5.34
  4. Ahmed, M. M. A. (2023a). The relationship between corporate governance mechanisms and integrated reporting practices and their impact on sustainable development goals: evidence from South Africa. Meditari Accountancy Research, 31(6), 1919–1965. https://doi.org/10.1108/MEDAR-06-2022-1706
  5. Ahmed, M. M. A. (2023b). The relationship between corporate governance mechanisms and integrated reporting practices and their impact on sustainable development goals: evidence from South Africa. Meditari Accountancy Research, 31(6), 1919–1965. https://doi.org/10.1108/MEDAR-06-2022-1706
  6. Appiagyei, K., Djajadikerta, H. G., & Mat Roni, S. (2023a). The impact of corporate governance on integrated reporting (IR) quality and sustainability performance: evidence from listed companies in South Africa. Meditari Accountancy Research, 31(4), 1068–1092. https://doi.org/10.1108/MEDAR-07-2020-0946
  7. Appiagyei, K., Djajadikerta, H. G., & Mat Roni, S. (2023b). The impact of corporate governance on integrated reporting (IR) quality and sustainability performance: evidence from listed companies in South Africa. Meditari Accountancy Research, 31(4), 1068–1092. https://doi.org/10.1108/MEDAR-07-2020-0946
  8. Arinta, Y. N., & Ashari, M. F. (2022a). Improving Integrated Reporting Quality Through Islamic Corporate Governance. Jurnal Ilmiah Manajemen Dan Bisnis, 8(1), 96. https://doi.org/10.22441/jimb.v8i1.14047
  9. Arinta, Y. N., & Ashari, M. F. (2022b). Improving Integrated Reporting Quality Through Islamic Corporate Governance. Jurnal Ilmiah Manajemen Dan Bisnis, 8(1), 96. https://doi.org/10.22441/jimb.v8i1.14047
  10. Aulia, N., & Julian, L. (2024). Evaluasi Implementasi Risk Based Internal Audit (Studi Kasus pada PT ABC). Owner : Riset & Jurnal Akuntansi, 8(3), 2928–2940. https://doi.org/10.33395/owner.v8i3.2203
  11. Chanatup, S., Aujirapongpan, S., & Ritkaew, S. (2020a). The influence of corporate governance mechanism on the integrated financial reporting and investment risk of thai listed companies. Entrepreneurship and Sustainability Issues, 7(4), 2818–2831. https://doi.org/10.9770/jesi.2020.7.4(16)
  12. Chanatup, S., Aujirapongpan, S., & Ritkaew, S. (2020b). The influence of corporate governance mechanism on the integrated financial reporting and investment risk of thai listed companies. Entrepreneurship and Sustainability Issues, 7(4), 2818–2831. https://doi.org/10.9770/jesi.2020.7.4(16)
  13. Chouaibi, J., Belhouchet, S., Almallah, R., & Chouaibi, Y. (2022a). Do board directors and good corporate governance improve integrated reporting quality? The moderating effect of CSR: an empirical analysis. EuroMed Journal of Business, 17(4), 593–618. https://doi.org/10.1108/EMJB-04-2021-0066
  14. Chouaibi, J., Belhouchet, S., Almallah, R., & Chouaibi, Y. (2022b). Do board directors and good corporate governance improve integrated reporting quality? The moderating effect of CSR: an empirical analysis. EuroMed Journal of Business, 17(4), 593–618. https://doi.org/10.1108/EMJB-04-2021-0066
  15. Cooray, T., Gunarathne, A. D. N., & Senaratne, S. (2020a). Does corporate governance affect the quality of integrated reporting? Sustainability (Switzerland), 12(10). https://doi.org/10.3390/su12104262
  16. Cooray, T., Gunarathne, A. D. N., & Senaratne, S. (2020b). Does corporate governance affect the quality of integrated reporting? Sustainability (Switzerland), 12(10). https://doi.org/10.3390/su12104262
  17. Council, I. I. R. (2013). The International Framework.
  18. Febriansyah, F. (2022a). Integrated Reporting: Studi Pada Perusahaan Publik di Indonesia. Ekombis Review: Jurnal Ilmiah Ekonomi Dan Bisnis, 10(1), 116–128. https://doi.org/10.37676/ekombis.v10i1.1688
  19. Febriansyah, F. (2022b). Integrated Reporting: Studi Pada Perusahaan Publik di Indonesia. Ekombis Review: Jurnal Ilmiah Ekonomi Dan Bisnis, 10(1), 116–128. https://doi.org/10.37676/ekombis.v10i1.1688
  20. Franczak, I. (2019). The relations between the quality of financial statements and corporate governance. International Journal of Management and Economics, 55(2), 118–126. https://doi.org/10.2478/ijme-2019-0009
  21. Habib, A., Khan, M. F., Mia, M. N., & Sakib, R. H. (2025). Corporate governance and forward-looking disclosures in integrated reporting: evidence from the banking sector of Bangladesh. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/JFRA-03-2024-0165
  22. Haddaway, N. R., Page, M. J., Pritchard, C. C., & McGuinness, L. A. (2022a). PRISMA2020: An R package and Shiny app for producing PRISMA 2020-compliant flow diagrams, with interactivity for optimised digital transparency and Open Synthesis. Campbell Systematic Reviews, 18(2), e1230. https://doi.org/10.1002/cl2.1230
  23. Haddaway, N. R., Page, M. J., Pritchard, C. C., & McGuinness, L. A. (2022b). PRISMA2020: An R package and Shiny app for producing PRISMA 2020-compliant flow diagrams, with interactivity for optimised digital transparency and Open Synthesis. Campbell Systematic Reviews, 18(2), e1230. https://doi.org/https://doi.org/10.1002/cl2.1230
  24. Hamad, S., Draz, M. U., & Lai, F. W. (2020a). The Impact of Corporate Governance and Sustainability Reporting on Integrated Reporting: A Conceptual Framework. SAGE Open, 10(2). https://doi.org/10.1177/2158244020927431
  25. Hamad, S., Draz, M. U., & Lai, F. W. (2020b). The Impact of Corporate Governance and Sustainability Reporting on Integrated Reporting: A Conceptual Framework. SAGE Open, 10(2). https://doi.org/10.1177/2158244020927431
  26. Hichri, A. (2022a). Corporate governance and integrated reporting: evidence of French companies. Journal of Financial Reporting and Accounting, 20(3–4), 472–492. https://doi.org/10.1108/JFRA-09-2020-0261
  27. Hichri, A. (2022b). Corporate governance and integrated reporting: evidence of French companies. Journal of Financial Reporting and Accounting, 20(3–4), 472–492. https://doi.org/10.1108/JFRA-09-2020-0261
  28. Isnurhadi, I., Oktarini, K. W., Meutia, I., & Mukhtaruddin, M. (2020a). Effects of Stakeholder Engagement and Corporate Governance on Integrated Reporting Disclosure. Indonesian Journal of Sustainability Accounting and Management, 4(2), 164. https://doi.org/10.28992/ijsam.v4i2.129
  29. Isnurhadi, I., Oktarini, K. W., Meutia, I., & Mukhtaruddin, M. (2020b). Effects of Stakeholder Engagement and Corporate Governance on Integrated Reporting Disclosure. Indonesian Journal of Sustainability Accounting and Management, 4(2), 164. https://doi.org/10.28992/ijsam.v4i2.129
  30. Lasdi, L., & Oematan, E. L. (2022a). the Effect of Corporate Governance Mechanism, Stakeholder Pressure, and Profitability on Integrated Reporting. Journal of Applied Finance & Accounting, 8(2), 117–133. https://doi.org/10.21512/jafa.v8i2.8292
  31. Lasdi, L., & Oematan, E. L. (2022b). the Effect of Corporate Governance Mechanism, Stakeholder Pressure, and Profitability on Integrated Reporting. Journal of Applied Finance & Accounting, 8(2), 117–133. https://doi.org/10.21512/jafa.v8i2.8292
  32. Machmuddah, Z., Sumaryati, A., & Prawitasari, D. (2024a). National Culture Moderates Corporate Governance and Integrated Reporting. Journal of Ecohumanism, 3(4), 1486–1494. https://doi.org/10.62754/joe.v3i4.3677
  33. Machmuddah, Z., Sumaryati, A., & Prawitasari, D. (2024b). National Culture Moderates Corporate Governance and Integrated Reporting. Journal of Ecohumanism, 3(4), 1486–1494. https://doi.org/10.62754/joe.v3i4.3677
  34. Machmuddah, Z., Sumaryati, A., & Prawitasari, D. (2024c). National Culture Moderates Corporate Governance and Integrated Reporting. Journal of Ecohumanism, 3(4), 1486–1494. https://doi.org/10.62754/joe.v3i4.3677
  35. Mandalika, L., Hermanto, H., & Handajani, L. (2020a). Pengaruh Corporate Governance Terhadap Luas Pengungkapan Integrated Reporting dan Implikasinya terhadap Nilai Perusahaan. E-Jurnal Akuntansi, 30(3), 556. https://doi.org/10.24843/eja.2020.v30.i03.p01
  36. Mandalika, L., Hermanto, H., & Handajani, L. (2020b). Pengaruh Corporate Governance Terhadap Luas Pengungkapan Integrated Reporting dan Implikasinya terhadap Nilai Perusahaan. E-Jurnal Akuntansi, 30(3), 556. https://doi.org/10.24843/eja.2020.v30.i03.p01
  37. Mawardani, H. A., & Harymawan, I. (2021a). The Relationship Between Corporate Governance and Integrated Reporting. Journal of Accounting and Investment, 22(1), 51–79. https://doi.org/10.18196/jai.v22i1.9694
  38. Mawardani, H. A., & Harymawan, I. (2021b). The Relationship Between Corporate Governance and Integrated Reporting. Journal of Accounting and Investment, 22(1), 51–79. https://doi.org/10.18196/jai.v22i1.9694
  39. Murdianingsih, D., Prayogi, A., & Handayani, T. (2022a). Effect of Good Corporate Governance and Sustainability Reporting to the Integrated Reporting Moderation Firm Size. Fokus Bisnis Media Pengkajian Manajemen Dan Akuntansi, 21(1), 113–123. https://doi.org/10.32639/fokbis.v21i1.75
  40. Murdianingsih, D., Prayogi, A., & Handayani, T. (2022b). Effect of Good Corporate Governance and Sustainability Reporting to the Integrated Reporting Moderation Firm Size. Fokus Bisnis Media Pengkajian Manajemen Dan Akuntansi, 21(1), 113–123. https://doi.org/10.32639/fokbis.v21i1.75
  41. Rezeky, A. S., Nawawi, J., & Syamsu, S. (2024). IMPLEMENTASI KEBIJAKAN PENGAWASAN PENGELOLAAN KEUANGAN DESA OLEH APARAT PENGAWAS INTERNAL PEMERINTAH. Jurnal Governansi, 10(1), 115–126.
  42. Safri, I. S. A., Said, R., Joseph, C., & Hassan, R. (2023a). the Effect of Corporate Governance Mechanisms on Integrated Reporting: a Structural Equation Modelling (Sem) Approach. International Journal of Business and Society, 24(1), 380–398. https://doi.org/10.33736/ijbs.5623.2023
  43. Safri, I. S. A., Said, R., Joseph, C., & Hassan, R. (2023b). the Effect of Corporate Governance Mechanisms on Integrated Reporting: a Structural Equation Modelling (Sem) Approach. International Journal of Business and Society, 24(1), 380–398. https://doi.org/10.33736/ijbs.5623.2023
  44. Tambunan, S., Siregar, A., Wijaya, M., & Pratama, I. (2022a). the Impact of Corporate Governance on the Integrated Reporting Quality of Indonesian Listed Firms: Moderating Role of Csr Disclosure and Corporate Sustainability. International Journal of Economics and Finance Studies, 14(4), 252–274. https://doi.org/10.34109/ijefs.20220113
  45. Tambunan, S., Siregar, A., Wijaya, M., & Pratama, I. (2022b). the Impact of Corporate Governance on the Integrated Reporting Quality of Indonesian Listed Firms: Moderating Role of Csr Disclosure and Corporate Sustainability. International Journal of Economics and Finance Studies, 14(4), 252–274. https://doi.org/10.34109/ijefs.20220113
  46. Tranfield, D., Denyer, D., & Smart, P. (2003). Towards a methodology for developing evidence-informed management knowledge by means of systematic review. British Journal of Management, 14(3), 207–222.
  47. Utami, K., Amyulianthy, R., & Astuti, T. (2022a). Pelaporan Yang Terintegrasi Di Rev. 4.0: Siapkah BUMN Di Indonesia? Jurnal Reviu Akuntansi Dan Keuangan, 12(2), 276–293. https://doi.org/10.22219/jrak.v12i2.21444
  48. Utami, K., Amyulianthy, R., & Astuti, T. (2022b). Pelaporan Yang Terintegrasi Di Rev. 4.0: Siapkah BUMN Di Indonesia? Jurnal Reviu Akuntansi Dan Keuangan, 12(2), 276–293. https://doi.org/10.22219/jrak.v12i2.21444
  49. Velte, P. (2022a). Does sustainable corporate governance have an impact on materiality disclosure quality in integrated reporting? International evidence. Sustainable Development, 30(6), 1655–1670. https://doi.org/10.1002/sd.2333
  50. Velte, P. (2022b). Does sustainable corporate governance have an impact on materiality disclosure quality in integrated reporting? International evidence. Sustainable Development, 30(6), 1655–1670. https://doi.org/10.1002/sd.2333
  51. Yanto, H., Hajawiyah, A., Baroroh, N., & Arham, A. F. Bin. (2024a). Disclosures in integrated reporting in Indonesia: Do corporate governance and ownership structures matter? International Journal of Management and Sustainability, 13(4), 949–962. https://doi.org/10.18488/11.v13i4.3958
  52. Yanto, H., Hajawiyah, A., Baroroh, N., & Arham, A. F. Bin. (2024b). Disclosures in integrated reporting in Indonesia: Do corporate governance and ownership structures matter? International Journal of Management and Sustainability, 13(4), 949–962. https://doi.org/10.18488/11.v13i4.3958
  53. Yulyan, M., Yadiati, W., & Aryonindito, S. (2021a). The Influences of Good Corporate Governance and Company Age on Integrated Reporting Implementation. Journal of Accounting Auditing and Business, 4(1), 100–109. https://doi.org/10.24198/jaab.v4i1.31761
  54. Yulyan, M., Yadiati, W., & Aryonindito, S. (2021b). The Influences of Good Corporate Governance and Company Age on Integrated Reporting Implementation. Journal of Accounting Auditing and Business, 4(1), 100–109. https://doi.org/10.24198/jaab.v4i1.31761
  55. Zhao, Y., Wang, L., & Chen, X. (2019). Reverse brain drain in China and India: Policy lessons for developing countries. Asian Journal of Comparative Politics, 4(2), 123–141. https://doi.org/10.1177/205789111881990