The Energy of Stakeholders
An Analysis of Stakeholder Information Disclosed in Integrated Reports of Electrical Energy Companies
DOI:
https://doi.org/10.18696/reunir.v15i1.1874Keywords:
Integrated Report, Stakeholders, Electric SectorAbstract
Information disclosed by companies in Integrated Reports (IR) tends to relate to several stakeholders. However, it is necessary to assess the direction of the content communicated in the IR, considering that, according to Stakeholder Theory, companies need to manage and satisfy all stakeholders equally or prioritize the demands made by different interested parties. This research seeks to evaluate the information about the different stakeholders disclosed in the IR of companies in the electricity sector. The IR for the year 2021 of nine companies in this sector were analyzed, using a data collection instrument that allowed categorizing excerpts of the IR related to stakeholders, according to the object, nature, tone and time horizon of each piece of information. The results show that disclosure regarding customers, suppliers and employees predominates, indicating that these are the stakeholders that are the focus of the IR. On the other hand, it was identified that among the stakeholders with less focus are investors, shareholders, government and communities. These results allow us to point out how stakeholders are included in IR, demonstrating that these reports contain more information about the company itself in relation to the external environment, of a qualitative nature, with a neutral tone, and which tend to portray the companies' past. Based on this evidence, the IR framework can be improved from this perspective for more targeted communication to stakeholders. The results may also be useful for companies to define their communication strategies in IR.
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