Column | IIRC Blog | April 29, 2014

Corporate Reporting in the Big Data Era

by George Serafeim

Abstract

Advancements in information technology can improve corporate communication with shareholders, but not through incessant data dumps. Instead, companies will more likely be poised for continued success if they use digital platforms for long-term oriented engagement and communication in the context of our changing global economy. This is characterized by increased demand for corporate transparency, heightened global competition leading to customer mobility, and resource scarcity that raises the importance of innovation in sourcing, production, and delivery processes. Quality of communication, not quantity will yield important benefits.

Keywords: integrated reporting; big data; corporate reporting; corporate accountability; sustainability; corporate social responsibility; corporate governance; accounting; reporting; Organizational Change and Adaptation; Corporate Accountability; Data and Data Sets; Information Technology; Communication; Financial Reporting; Business and Shareholder Relations;

Citation:

Serafeim, George. "Corporate Reporting in the Big Data Era." IIRC Blog (April 29, 2014).