Clicca qui per scaricare

Integrated reporting and the epistemic authority of Big Data: An exploratory study from the banking industry
Titolo Rivista: FINANCIAL REPORTING 
Autori/Curatori: Alice Francesca Sproviero 
Anno di pubblicazione:  2020 Fascicolo: 2  Lingua: Inglese 
Numero pagine:  26 P. 99-124 Dimensione file:  163 KB
DOI:  10.3280/FR2020-002004
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 


This paper aims at exploring how corporate members involved in integrated re-port (IR) preparation assess the reliability of Big Data as a new source of infor-mation. It investigates IR preparation within a company operating in the Italian banking industry that has adopted Big Data since 2015. Using the epistemic au-thority lens (Kruglanski et al., 2005), this study reveals how corporate members draw mainly on their professional background and the Big Data-related initiatives to define the extent to which Big Data contributes to IR preparation, with educa-tional background and corporate circumstances playing a less incisive part. Con-structing performance indicators, identifying prospective information to contrast criminal phenomena and lending support to relational sustainability all act as in-formational and motivational factors that lead members to rely on Big Data while preparing the IR. The paper contributes to the infant literature on Big Data in cor-porate reporting by offering early practical insights into how Big Data informs IR preparation. It also provides evidence of a necessary intertwining between ac-counting-based knowledge and training initiatives on advanced analytics to fully exploit Big Data in IR preparation.


Keywords: Integrated reporting, Big Data, epistemic authority, bank.
Jel Code: M14; M41

  1. Association of Chartered Certified Accountants (ACCA) (2013), Big Data: its power and perils -- available at: http://www.accaglobal.com/bigdata.
  2. Association of Chartered Certified Accountants (ACCA) (2017), Insights into Integrated Reporting: Challenges and Best Practice Responses -- available at: http://integratedreporting.org/wp-content/uploads/2017/04/ACCAInsights_into_Integrated_Reporting.pdf.
  3. Al-Htaybat K., von Alberti-Alhtaybat L. (2017), Big Data and corporate reporting: impacts and paradoxes, Accounting, Auditing & Accountability Journal, 30(4), pp. 850-873., DOI: 10.1108/AAAJ-07-2015-2139
  4. Al-Htaybat K., von Alberti-Alhtaybat L. (2018), Integrated thinking leading to integrated reporting: case study insights from a global player, Accounting, Auditing & Accountability Journal, 31(5), pp. 1435-1460., DOI: 10.1108/AAAJ-08-2016-2680
  5. Arnaboldi M., Azzone G., Sidorova Y. (2017a), Governing social media: the emergence of hybridised boundary objects, Accounting, Auditing & Accountability Journal, 30(4), pp. 821-849., DOI: 10.1108/AAAJ-07-2015-2132
  6. Arnaboldi M., Busco C., Cuganesan S. (2017b), Accounting, accountability, social media and Big Data: revolution or hype?, Accounting, Auditing & Accountability Journal, 30(4), pp. 762-776., DOI: 10.1108/AAAJ-03-2017-2880
  7. Bhimani A., Willcocks L. (2014), Digitisation, ‘Big Data’ and the transformation of accounting information, Accounting and Business Research, 44(4), pp. 469-490., DOI: 10.1080/00014788.2014.910051
  8. Brivot M., Gendron Y., Guénin, H. (2017), Reinventing organizational control. Accounting, Auditing & Accountability Journal, 30(4), pp. 795-820.
  9. Boyd D., Crawford K. (2012), Critical Questions for Big Data. Information, Communication & Society, 15(5), pp. 662-679.
  10. Brown R.B. (2006), Doing Your Dissertation in Business and Management: The Reality of Research and Writing. (Thousand Oaks, CA: Sage Publications).
  11. Brown B., Bughin J., Byers A.H., Chui M., Dobbs R., Manyika J., Roxburgh C. (2011a), Big Data: the next frontier for innovation, competition, and productivity, McKinsey Global Institute -- available at: https://bigdatawg.nist.gov/pdf/MGI_big_data_full_report.pdf.
  12. Brown B., Chui M., Manyika J. (2011b), Are you ready for the era of ‘Big Data’. McKinsey Quarterly, 4(1), pp. 24-35 -- available at: https://sunset.usc.edu/ classes/cs510_2013/EPs_2013/EP33_2011_Mckinsey_BigDataEra.pdf.
  13. Capco (2016), The Bigger The Better? Data in Financial Services -- available at: http://www.capco.com/Intelligence/Capco-Intelligence/The-Bigger-the-Better---Big-Data-in-Financial-Services.
  14. Capco (2017), Big Data and Analytics for the Financial Service Sector: How technology is being used in the banking and finance sector to improve, information sharing, operational efficiency and customer experience -- available at: http://www.gtreview.com/wp-content/uploads/2016/12/Bid-data-and-analytics-for-the-financial-sector.pdf.
  15. Chartered Global Management Accountant (CGMA) (2013), From insight to impact – Unlocking opportunities in Big Data, -- available at: https://www.cgma.org/resources/reports/downloadabledocuments/from-insight-to-impact-unlocking-the-opportunities-in-big-data.pdf.
  16. Chen C.P., Zhang C.Y. (2014), Data-intensive applications, challenges, techniques and technologies: A survey on Big Data, Information Sciences, 275, pp. 314-347.
  17. Corbella S., Florio C., Sproviero A.F.m Stacchezzini R. (2019), Integrated reporting and the performativity of intellectual capital, Journal of Management and Governance, 23(2), pp. 459-483.
  18. Dai N.T., Free C., Gendron Y. (2019), Interview-based research in accounting 2000-2014: Informal norms, translation and vibrancy, Management Accounting Research, 42, pp. 26-38.
  19. Datameer (2016), 3 Top Big Data Use Cases in Financial Services: How Financial Services Companies are Gaining Momentum in Big Data Analytics and Getting Results -- available at: https://www.datameer.com/wp-content/uploads/2015/10/eBook-3-Top-BigData-UseCase-in-Financial-Services.pdf.
  20. Deutsche Bank (2014), Big Data: How it can become a differentiator -- available at: http://cib.db.com/docs_new/GTB_Big_Data_Whitepaper_(DB0324)_v2.pdf.
  21. De Villiers C., Rinaldi L., Unerman J. (2014), Integrated reporting: Insights, gaps and an agenda for future research, Accounting, Auditing & Accountability Journal, 27(7), pp. 1042-1067., DOI: 10.1108/AAAJ-06-2014-1736
  22. Dumay J., Bernardi C., Guthrie J., Demartini P. (2016), Integrated Reporting: A structured literature review, Accounting Forum, 40(3), pp. 166-185.
  23. Dumay J., Dai T. (2017), Integrated thinking as a cultural control?, Meditari Accountancy Research, 25(4), pp. 574-604., DOI: 10.1108/MEDAR-07-2016-0067
  24. Eccles R.G. (2015), Integrated Reporting: Sustainable Development and Big Data -- available at: http://roberteccles.com/docs/CCPS_Keynote110915.pdf.
  25. Gandomi A., Haider M. (2015), Beyond the hype: Big Data concepts, methods, and analytics, International Journal of Information Management, 35(2), pp. 137-144.
  26. Gartner (2017), IT glossary -- available at: http://www.gartner.com/it-glossary/big-data/.
  27. Gibassier D., Rodrigue M., Arjaliès D.L. (2018), Integrated reporting is like God: no one has met Him, but everybody talks about Him, Accounting, Auditing & Accountability Journal, 31(5), pp. 1349-1380., DOI: 10.1108/AAAJ-07-2016-2631
  28. Griffin P.A., Wright A.M. (2015), Commentaries on Big Data's importance for accounting and auditing, Accounting Horizons, 29(2), pp. 377-379.
  29. Hartmann P.M., Zaki M., Feldmann N., Neely A. (2014), Big Data for big business? A Taxonomy of Data-Driven Business Models Used by Start-Up Firms, -- available at: https://cambridgeservicealliance.eng.cam.ac.uk/resources/Downloads/Monthly%20Papers/2014_March_DataDrivenBusinessModels.pdf.
  30. IBM Institute for Business Value (2013), Analytics: The real-world use of Big Data in financial services, IBM Global Business Services -- available at: https://www-935.ibm.com/services/multimedia/Analytics_The_real_world_use_of_big_data_in_Financial_services_Mai_2013.pdf.
  31. International Integrated Reporting Council (IIRC) (2013), The International Framework -- available at: https://integratedreporting.org/wp-content/ uploads/2013/12/13-12-08-THE-INTERNATIONAL-IR-FRAMEWORK-2-1.pdf.
  32. International Integrated Reporting Council (IIRC) (2016), Technology for Integrated Reporting. A CFO guide for driving multi-capital thinking, -- available at: http://integratedreporting.org/wp-content/uploads/2016/10/Technology-for-Integrated -Reporting_CFOguide.pdf.
  33. International Integrated Reporting Council (IIRC) (2018), Technology primer for integrated reporting. A Chief Information Officer guide -- available at: http://integratedreporting.org/wp-content/uploads/2018/06/Tech-Primer-for-Integrated-Reporting.pdf.
  34. Janvrin D.J., Watson M.W. (2017), “Big Data”: A new twist to accounting, Journal of Accounting Education, 38, pp. 3-8.
  35. Kruglanski A.W. (1989), Lay Epistemics and Human Knowledge: Cognitive and Motivational Bases. (New York: Plenum).
  36. Kruglanski A., Raviv A., Bar-Tal D., Raviv A., Sharvit K., Ellis S., Bar R., Pierro A., Mannetti L. (2005), Says Who?: Epistemic Authority Effects in Social Judgment. Advances in Experimental Social Psychology, 37, pp. 345-392., DOI: 10.1016/S0065-2601(05)37006-7
  37. Lai A., Melloni G., Stacchezzini R. (2018), Integrated reporting and narrative accountability: The role of preparers, Accounting, Auditing & Accountability Journal, 31(5), pp. 1381-1405., DOI: 10.1108/AAAJ-08-2016-2674
  38. LaValle S., Lesser E., Shockley R., Hopkins M.S., Kruschwicz N. (2011), Big Data, Analytics and the Path From Insights to Value, MIT Sloan Management Review, -- available at: http://www.ttivanguard.com/realtime/bigdata.pdf.
  39. La Torre M., Botes V.L., Dumay J., Rea M.A., Odendaal E. (2018a), The fall and rise of intellectual capital accounting: new prospects from the Big Data revolution, Meditari Accountancy Research, 26(3), pp. 381-399.
  40. La Torre M., Dumay J., Rea M.A. (2018b), Breaching intellectual capital: critical reflections on Big Data security, Meditari Accountancy Research, 26(3), pp. 463-482., DOI: 10.1108/MEDAR-06-2017-0154
  41. Lodhia S., Stone G. (2017), Integrated reporting in an internet and social media communication environment: conceptual insights, Australian Accounting Review, 27(1), pp. 17-33.
  42. Lycett M. (2013), Datafication: Making Sense of (Big) Data in a Complex World, European Journal of Information Systems, 22(4), pp. 381‐386.
  43. McAfee A., Brynjolfsson E., Davenport T.H. (2012), Big Data: the management revolution, Harvard Business Review, 90(10), pp. 60-68 -- available at: http://tarjomefa.com/wp-content/uploads/2017/04/6539-English-TarjomeFa-1.pdf.
  44. McNally M.A., Cerbone D., Maroun W. (2017), Exploring the challenges of preparing an integrated report, Meditari Accountancy Research, 25(4), pp. 481-504., DOI: 10.1108/MEDAR-10-2016-0085
  45. McNally M.A., Maroun W. (2018), It is not always bad news, Accounting, Auditing & Accountability Journal, 31(5), pp. 1319-1348., DOI: 10.1108/AAAJ-05-2016-2577
  46. Moffitt K.C., Vasarhelyi M.A. (2013), AIS in an age of Big Data, Journal of Information Systems, 27(2), pp. 1-19.
  47. Moll J. Yigitbasioglu O. (2019), The role of internet-related technologies in shaping the work of accountants: New directions for accounting research, The British Accounting Review, in press,
  48. O'Leary D.E. (2013), ‘Big Data’ the ‘Internet of Things’ and the ‘Internet of Signs’, Intelligent Systems in Accounting, Finance and Management, 20(1), pp. 53-65.
  49. Oracle (2016), An Enterprise Architect’s Guide to Big Data: Reference Architecture Overview -- available at: https://www.oracle.com/assets/oea-big-data-guide-1522052.pdf.
  50. Rinaldi L., Unerman J., de Villiers C. (2018), Evaluating the integrated reporting journey: insights, gaps and agendas for future research, Accounting, Auditing & Accountability Journal, 31(5), pp. 1294-1318., DOI: 10.1108/AAAJ-04-2018-3446
  51. Russom P. (2011), Big Data Analytics. TDWI Best Practices Report, Fourth Quarter, -- available at: https://vivomente.com/wp-content/uploads/2016/04/big-data- analytics-white-paper.pdf.
  52. Saunders M., Lewis P., Thornhill A. (2009), Research methods for business students. (Harlow: Pearson Education).
  53. Serafeim G. (2014), Corporate Reporting in the Big Data Era -- available at: http://integratedreporting.org/news/corporate-reporting-in-the-big-data-era/.
  54. Schutt R.K. (2011), Investigating the social world: The process and practice of research. (Thousand Oaks, CA: Sage Publications).
  55. Stacchezzini R., Florio C., Sproviero A.F., Corbella S. (2019), An intellectual capital ontology in an integrated reporting context, Journal of Intellectual Capital, 20(1), pp. 83-99., DOI: 10.1108/JIC-05-2018-0090
  56. Vasarhelyi M.A., Kogan A., Tuttle B.M. (2015), Big Data in accounting: An overview, Accounting Horizons, 29(2), pp. 381-396.
  57. Vesty G., Ren C., Ji S. (2018), Integrated reporting as a test of worth: A conversation with the chairman of an integrated reporting pilot organisation. Accounting, Auditing and Accountability Journal, 31(5), pp. 1406-1434., DOI: 10.1108/AAAJ-08-2016-2684
  58. Warren Jr J.D., Moffitt K.C., Byrnes P. (2015), How Big Data will change accounting, Accounting Horizons, 29(2), pp. 397-407.
  59. Zikopoulos P., Eaton C. (2011). Understanding Big Data: Analytics for Enterprise Class Hadoop and Streaming Data. (New York: McGraw Hill Professional).



  1. O. N. Potasheva, Digital Technologies in the New Socio-Economic Reality pp. 95 (ISBN:978-3-030-83174-5)

Alice Francesca Sproviero, in "FINANCIAL REPORTING" 2/2020, pp. 99-124, DOI:10.3280/FR2020-002004

   

FrancoAngeli è membro della Publishers International Linking Association associazione indipendente e no profit per facilitare l'accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche