The Impact of Cultural Dimensions on the Quality of Integrated Reports and their Reflection on the Value of economic Entity

An analytical Research a sample of Iraqi Economic Entity listed on the Iraq Stock Exchange for the period 2020-2018

A Dissertation

Submitted to the Council of College of Administration and Economics, University of Karbala, as Partial Fulfillment of the Requirements for the Doctorate Degree of Philosophy (Ph.D.) in Accounting Sciences

By

Ali Khalaf Gatea

Supervised byProf. Dr. Hayder Ali Jarad al-Masoudi

 The change in the business environment and its economic complexities, created a kind of deficiency in financial reports in meeting the renewable needs for information from Stakeholders, and the inability to keep pace with developments in the business environment, which led to the emergence of integrated reporting as a result of the need for integrated information, and since the Economic Entity is part of A social environment, it affects and is affected by the values of that society or what is known as Cultural Dimensions, which can be of a sensitive nature, in integrated reporting practices and as a result its reflection on the value of the Economic Entity.

      The study assumes that the Cultural Dimensions have a significant relationship to the extent to which the Quality of Integrated Reporting is achieved. And that the Quality of Integrated Reporting is linked to the value of the economic Entity, and the most important findings of the research state that cultural dimensions have a role in enhancing the Quality of Integrated Reporting. The cultural dimensions have very important implications for ethics, the social responsibility of economic Entity’s, Organizational Culture and administrative practices, and the research recommends, in light of the different Cultural Dimensions between different business environments. Whether, National or International, the need to interact with the environment and the societies in which the Economic Entity operates, to enable them to provide Environmental, social, or ethical information, along with financial, strategic and governance information, is included in an annual report. Requiring Iraqi economic Entity’s to disclose the effects of the social environment and the environment in their reports due to their importance in creating future value. With the unification of the Reporting form for the economic Entity’s listed in the Iraq Stock Exchange, and specific dates for publishing their financial and non-financial reports. Including the mandatory application of the governance system for economic Entity’s and the formation of compliance and internal audit committees, to enhance transparency and reliability in the data disclosed in the Economic Entity’s’ reports. Issuing national guidelines to implement the concept of Integrated Reporting, according to the conceptual framework (IR), to enhance the Reporting process in Economic Entity’s and to address self-interpretation from departments.