Value Contribution of Integrated Reporting Based on Sustainable Development Perspective

Integrated reporting represents the latest development trends in corporate reporting.In August 2010,the Global Reporting Initiative(GRI) and the Prince's Accounting for Sustainability Project(A4S) have announced the formation of the International Integrated Reporting Committee(IIRC) to create a globally accepted sustainability accounting framework.This framework suggests corporations to provide one report which integrated the financial,environmental,social and governance information.Then,it raised an upsurge of research on integrated reporting.This paper starts from the theory of sustainable development and analyzes the relationships between integrated reporting,value creation and sustainable development.