The Impact of Integrated Reporting (IR) Adoption on Firm Value and Profitability : Empirical Evidence from ASEAN Publicly Listed Companies

Abstract

This study investigates the quantitative impact of Integrated Reporting (IR) adoption on firm value and profitability among publicly listed companies in ASEAN for the period 2019–2022. Using a comprehensive dataset of 120 companies across Indonesia, Malaysia, Thailand, Philippines, and Singapore, the research employs regression analysis to assess the effect of IR adoption on key financial metrics—Return on Assets (ROA), Return on Equity (ROE), and Tobin's Q. The findings reveal a statistically significant and positive relationship between IR adoption and both profitability and firm value. These results reinforce the view that IR enhances corporate transparency, stakeholder confidence, and long-term economic performance within ASEAN capital markets.