ABSTRACT
Previous literature on the capital market effects of integrated reporting (IR) suggests that IR helps analysts improve their earnings forecast accuracy. This chapter contributes to this line of research by investigating the extent to which IR and non-IR companies mention IR-related information during earnings conference calls. One could expect that analysts who follow IR companies are interested in having more detailed and updated IR information (virtuous circle view). However, analysts following non-IR companies may also require IR information during conference calls, given its value relevance (benchmarking effect view). Our empirical results support the first view and corroborate the idea that IR provides value-relevant information to investors.
