A COMPARATIVE ANALYSIS OF THE APPLICABILITY OF INTEGRATED REPORTING IN PRIVATE AND PUBLIC BANKS

Abstract

The reporting technique that reflects the relationship between businesses' strategies, financial performance, environmental and managerial activities and social and economic structure is called integrated reporting. Focusing on the process of creating corporate value, integrated reporting is a reporting technique that reflects the organization's strategy as a whole by establishing interaction between financial and non-financial information. Integrated reporting is considered as the reporting technique of the future. This study examined the 2022 integrated annual reports of Vakıfbank, Halkbank, Yapı Kredi and Akbank, which publish integrated reports on the Integrated Reporting Turkey Network (ERTA) platform, in terms of their compliance with the guidelines and content elements specified by the International Integrated Reporting Council within the framework of integrated reporting. Vakıfbank and Yapı Kredi issued their first integrated reports in 2019, while Halkbank and Akbank issued their first integrated reports in 2020. It was observed that the banks prepared reports in accordance with the integrated reporting framework and that the capital items included in the integrated reporting framework were included in detail in the reports. The top five priorities of the banks are similar in terms of digital transformation, innovation and customer satisfaction. It was concluded that Vakıfbank's integrated report is richer in terms of capital items and created values compared to other banks. In addition, when we compared the integrated reports of each bank within the framework of the guidelines, it was observed that the integrated reports of Halkbank and Akbank were more compliant with the principle of brevity and conciseness. When the outputs of capital items are evaluated, it is seen that Yapıkredi and Vakıfbank are more effective and efficient.