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Integrated Reporting: A New Paradigm of Corporate Reporting

  • Bhasin, Madan Lal
    • The Journal of Economics, Marketing and Management
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    • v.5 no.2
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    • pp.10-32
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    • 2017
  • The landscape of corporate reporting is changing quickly. The concepts, elements and principles that characterize the way organizations plan, manage and report their annual performances are currently being questioned, debated, and redesigned throughout the world. However, widening the scope of corporate performance and reporting is a major issue. Research needs to bridge the gap between social and financial performance by considering corporate performance in a wider perspective. At base, IR is a relatively new but powerful idea: enhancing the way organizations think, plan and report the story of their business. Organizations are using IR to communicate a clear, concise, integrated story that explains how all of their resources are creating value. This paper examines the rise of what has been widely claimed to represent a new and striking future for corporate reporting, namely the notion of "Integrated Reporting" (IR). Unfortunately, there is poor empirical research work undertaken which has focused on published integrated reports. This research study provides initial analysis of the content and structure of the corporate integrated reports published in 2013 and available on the International Integrated Reporting Council (IIRC) Emerging Examples Database. As part of this study, Integrated Reports were analyzed for company information, report information and report content. Moreover, they were also evaluated as to the extent these adhered to the integrated reporting (IR) Guiding Principles, Content Elements, and the multiple capitals model. Findings of this study indicate that "early integrated reports were mostly lengthy, fail to adhere to all the guiding principles, and covered four of the six capitals suggested." At present, no universally accepted global framework for IR exists and it is still largely a voluntary practice. We believe that IR of both financial and non-financial performance should be made mandatory, and it should become a universal practice for all the global listed companies within the next 5-10 years.

A Case Study Evaluating the Effectiveness of an Interdisciplinary Team-Based Integrated Medical Service Model in Improving the Quality of Life of a Fibromyalgia Patient and Caregiver through Psychological and Various Counseling Interventions (섬유근통 환자와 보호자의 삶의 질 증진을 위한 의·한 협진 기반의 통합의료서비스모델 적용평가 사례 연구: 심리 및 매체 상담개입을 중심으로)

  • Moon Joo Cheong;Do-Eun Lee;Myeung Su Lee;Chang Hoon Lee;Jung Han Lee;Won Bae Ha;Hyung Won Kang;Chong Hyuk Chung
    • Journal of Oriental Neuropsychiatry
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    • v.35 no.2
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    • pp.191-203
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    • 2024
  • Objectives: To evaluate the effectiveness of an integrated medical service model for a fibromyalgia patient and their caregiver, focusing on reducing pain and improving quality of life. Methods: A single-case study design was employed, involving a fibromyalgia patient and their primary caregiver treated at W University Hospital. The integrated medical service program, based on the Ministry of Health and Welfare's model, included medical consultations and complementary therapies such as psychological counseling, art therapy, music therapy, horticultural therapy, yoga, and meditation. The program was conducted weekly for 8 weeks, with each session lasting up to 100 minutes. Data collection involved both quantitative and qualitative assessments. Quantitative data included demographic surveys, psychological tests, health-related quality of life measures, pain indices, and sleep quality indices. Qualitative data were gathered through feedback evaluations and emotional assessments. Results: The patient showed improvements in mobility, self-care, daily activities, and anxiety/depression, with EQ-VAS scores increasing from 20 to 40 and pain perception decreasing from 67.41 to 42.58. The caregiver reported reduced anxiety/depression and an increase in EQ-VAS scores from 95 to 98. Both patient and caregiver exhibited emotional changes, with decreased depression and increased happiness. However, the patient showed an increase in fear and anger. Conclusions: The integrated medical service model positively impacted the emotional and psychological well-being of the fibromyalgia patient and their caregiver. Despite the limitations of a small sample size and a single-case study design, the findings suggest that an integrated approach can be beneficial. Larger-scale studies are needed to confirm and generalize these results.

Integrated Storage System For Automobile Production Line (자동차 생산라인을 위한 통합창고 시스템)

  • Kim, Duksu;Seo, Yoonho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.2
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    • pp.1-8
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    • 2014
  • The automobile manufacture is a typical integrated assembly production that the numerous parts are committed sequentially to the assembly line. In this type of automobile manufacture, WBS (white body storage) and PBS (paint body storage) are operated to adjust the production sequence and to buffer. Starvation (impossibility of production owing to the insufficient supply) or blocking (impossibility of production owing to the over capacity) could occur in some chance, hence, both storages (WBS, PBS) are integrated as a prevention. This system is called integrated storage. In this paper, we suggest the simulation model of 'WBS-PBS integrated storage' and methodology of operation considering both 'Color grouping' and 'Option leveling.'

INS/Vision Integrated Navigation System Considering Error Characteristics of Landmark-Based Vision Navigation (랜드마크 기반 비전항법의 오차특성을 고려한 INS/비전 통합 항법시스템)

  • Kim, Youngsun;Hwang, Dong-Hwan
    • Journal of Institute of Control, Robotics and Systems
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    • v.19 no.2
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    • pp.95-101
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    • 2013
  • The paper investigates the geometric effect of landmarks to the navigation error in the landmark based 3D vision navigation and introduces the INS/Vision integrated navigation system considering its effect. The integrated system uses the vision navigation results taking into account the dilution of precision for landmark geometry. Also, the integrated system helps the vision navigation to consider it. An indirect filter with feedback structure is designed, in which the position and the attitude errors are measurements of the filter. Performance of the integrated system is evaluated through the computer simulations. Simulation results show that the proposed algorithm works well and that better performance can be expected when the error characteristics of vision navigation are considered.

Needs of Teachers and Parents and Community Role for the Integrated Child Care (장애유아 통합보육을 위한 보육교사, 부모의 요구도와 지역사회의 역할)

  • Choi Bo-Ga;Song Hye-Young
    • Journal of Families and Better Life
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    • v.23 no.5 s.77
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    • pp.145-159
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    • 2005
  • The purpose of this study focused on community role about Integrated child edu-care services. First, this study was carried out to determine the needs of teachers, parents about Community members. Second, this study was to examine community members' perception and support intention about Integrated child care services. The subjects were 124 teachers in child care center, 88 preschoolers with disabilities' parents, 172 community members. The major findings were as follows: (1) The result revealed parents and teachers's needs for community members support. (2) Community members' perception about Integrated child care services revealed greatly positive on every fields, (3) community members' support intention for the integrated chid care revealed very positive.

Study on the Cooling Effect of Motor Integrated Spindle (모터내장형 주축의 냉각특성에 관한 연구)

  • Song, Young-Chan;Lee, Deug-Woo;Choi, Dae-Bong;Kim, Soo-Tae
    • Tribology and Lubricants
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    • v.13 no.1
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    • pp.8-13
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    • 1997
  • Generally, A motor integrated spindle is selected to perform the high speed machining, to improve the machining flexibility, and to simplify the structure of machine tools. The thermal deformation caused by heat generation of the integrated motor is, however, serious problem in motor integrated spindle system. In this study, cooling characteristics for the several kinds of cooling systems(such as, oil-jacket cooling, air cooling) are investigated and more efficient cooling method is presented. The results show that the shaft cooling by the air cooling system is effective to improve the thermal characteristic of motor integrated spindle.

Structural Analysis and Manufacturing of the Integrated System using Ion Beam (이온 빔 이용 통합시스템의 제작 및 구조해석)

  • Kim, Seong-Keol
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.16 no.3
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    • pp.88-95
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    • 2007
  • Generally, the integrated system using ion beam consists of 4 major parts, which are SEM, FIB, nano stage, and chamber. Among them, the nano stage and the chamber are designed and manufactured. The whole systems are integrated. Also, FE models are built to perform modal analyses of each part and the whole integrated system with a commercial program. Through these analyses, it is found that each part and the integrated system are very safe against vibrations including external excitations from ground and any others, because their natural frequencies are much larger than frequencies of external excitations. Also, isolation of ground induced vibration is considered.

Integrated Phytoplankton Data of the west Pacific Sector of the Southern Ocean: 149-148 $^{\circ}E$ transect

  • Lee Hak Young;Cho In Sook;Greene Richard M.;Kim Jong Won
    • Environmental Sciences Bulletin of The Korean Environmental Sciences Society
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    • v.2 no.1
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    • pp.21-28
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    • 1998
  • A total of 94 taxa were identified from the Southern Ocean, 140-148 $^{\circ}E$ and 40-53 $^{\circ}S$, as an early austral summer phytoplankton. They were 53 diatoms, 37 dinoflagellates, 2 silicoflagellates, 1 prymnesiophyte, and 1 coccolithophorid. Integrated cell numbers of nanoplankton dominated microphytoplankton from 8 stations, especially from Subantarctic zone, but integrated biomass was lower than microphytoplankton. Integrated cell numbers of diatoms dominated dinoflagellates, coccolithophorids, and prymnesiophyte, but integrated biomass of microphytoplankton were dependent to the biomass of dinoflagellates except north of the Subtropical convergence zone and south of the Antractic convergence zone. Phytoplankton community changed across the fronts and 3 different communities were observed. Fronts seem to influence on the phytoplankton community from the west Pacific Sector of the Southern Ocean.

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Fault Current Limiting Characteristics of Separated and Integrated Three-Phase Flux-Lock Type SFCLs

  • Lim, Sung-Hun
    • Journal of Electrical Engineering and Technology
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    • v.2 no.3
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    • pp.289-293
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    • 2007
  • The fault current limiting characteristics of the separated and the integrated three-phase flux-lock type superconducting fault current limiters (SFCLs) were analyzed. The three-phase flux-lock type SFCL consisted of three flux-lock reactors and three $high-T_c$ superconducting (HTSC) elements. In the integrated three-phase flux-lock type SFCL, three flux-lock reactors are connected on the same iron core. On the other hand, three flux-lock reactors of the separated three-phase flux-lock type SFCL are connected on three separated iron cores. The integrated three-phase flux-lock type SFCL showed the different fault current limiting characteristics from the separated three-phase flux-lock type SFCL that the fault phase could affect the sound phase, which resulted in quench of the HTSC element in the sound phase. Through the computer simulation applying numerical analysis for its three-phase equivalent circuit, the fault current limiting characteristics of the separated and the integrated three-phase flux-lock type SFCLs according to the ground fault types were compared.

Study on the integrated information system of Sapporo subway (삿포로 지하철 종합정보시스템에 관한 고찰)

  • Cho, B.K.
    • Proceedings of the KIEE Conference
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    • 2004.10a
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    • pp.237-239
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    • 2004
  • Sapporo subway sets up the integrated information system to be aim at the effective and automatic work from the first time. They are expanding integrated system by introducing IT into Serve system positively which developed for recent several years. To keep up with the big size and high speed of information according to integrated system,. the integrated transmission line system which is basic of the integrated system is changed into the system which apply the newest technology. Also, they are aimed at the next generation traffic system through the cooperation of the local administration, for example, test of the multipurpose card using non-contact IC card. This study reviewed the present state of Sapporo subway, the upgrade of information transmission system, and the function of each serve system those are the order of equipment, management of the running, management of the disaster presentation, signal protection, passenger management etc.

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