Purpose - This study provides an analysis of the possibility of companies in Indonesia to adopt integrated reporting (IR). This is undertaken by comparing the degree of conformity between current reporting disclosures with that of the IR framework. Design/methodology/approach - A mixed-method approach is employed, which entailed using both quantitative and qualitative techniques to access data. For the quantitative analysis, a total of 64 companies are chosen, which represent companies with significant market capitalization included in the LQ45 index (an index for the 45 most liquid stocks) in 2016 and the non-LQ45 by publishing a sustainability report. These companies are selected on the basis of high levels of disclosure compared with other companies and serve as an appropriate benchmark for other listed companies. The level of disclosure conformity is employed using 39 principle disclosure indices and 76 content disclosure indices based on the IR framework. For the qualitative analysis, interviews were conducted with nine interviewees that are considered as experts in the field of IR. The interviews are conducted to assist in providing explanations for the findings. Findings - The results indicate that approximately 60% of companies (mostly in the banking, finance and mining industries) have an adequate degree of conformity, reflecting their higher probability of voluntary compliance to apply the IR framework. However, the principles of conciseness and connectivity of information provide significant challenges for Indonesian firms when they will consider implementation. Further analysis using in-depth interviews with experts showed that several factors from various perspectives should be considered in shifting to IR. Originality/value - This study provides empirical evidence on the current reporting landscape of Indonesian firms. Scant research is available on the possible adoption of IR in emerging markets such as Indonesia. Hence, this project raises further possible explanations for the challenges and pressures faced by Indonesian firms in an era of changing stakeholder expectations.

中文翻译：

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新兴市场中综合报告的未来：披露一致性水平分析

目的-本研究分析了印尼公司采用综合报告（IR）的可能性。通过比较当前报告披露与IR体系披露之间的符合程度来进行此操作。设计/方法/方法-采用了混合方法，需要同时使用定量和定性技术来访问数据。为了进行定量分析，总共选择了64家公司，这些公司通过发布可持续发展报告来代表2016年LQ45指数（45种流动性最高的股票的指数）和非LQ45包括大市值的公司。与其他公司相比，这些公司是根据较高的披露水平选出的，可作为其他上市公司的适当基准。基于IR框架，使用39个主要披露指标和76个内容披露指标来采用披露一致性级别。为了进行定性分析，采访了九名被认为是投资者关系领域专家的受访者。进行访谈是为了帮助为发现提供解释。调查结果-结果表明，大约60％的公司（主要是银行，金融和采矿业）具有足够的一致性，反映出他们自愿采用IR体系的可能性更高。但是，信息简洁和连通性的原则给印度尼西亚公司在考虑实施时提出了重大挑战。使用与专家的深入访谈进行的进一步分析表明，在转向IR时应考虑来自各个角度的几个因素。原创性/价值-这项研究提供了有关印尼公司当前报告情况的经验证据。关于IR在新兴市场（例如印度尼西亚）中可能采用的研究很少。因此，在利益相关者期望值不断变化的时代，该项目为印尼公司面临的挑战和压力提供了更多可能的解释。