New researches in Islamic humanities studies

New researches in Islamic humanities studies

Investigating the Impact of Integrated Reporting Quality on Financial Performance, Value Relevance of Accounting Information, and Earnings Quality in Companies Listed on the Iraqi Stock Exchange

Document Type : Original Article

Authors
Baydaa Jasim 1
Sahar Sepasi 2
Javad Rezazadeh 3
1 PhD student, Department of Accounting, Faculty of Management and Economics, Tarbiat Modares University, Tehran, Iran
2 Associate Professor, Department of Accounting, Faculty of Management and Economics, Tarbiat Modares University, Tehran, iran
3 Associate Professor, Department of Accounting, Faculty of Management and Economics, Tarbiat Modares University, Tehran, iran.
10.22034/api.2026.2094222.1865
Abstract
Objective: This research aims to investigate the impact of integrated reporting quality on financial performance, the value relevance of accounting information, and earnings quality in companies listed on the Iraq Stock Exchange. Additionally, the role of integrated reporting quality as a novel mechanism for disclosing both financial and non-financial information in improving the financial and informational outcomes of companies is examined.
Method: In terms of purpose, this research is applied, and regarding its nature, it is descriptive-correlational, conducted using panel data. The statistical population includes companies listed on the Iraq Stock Exchange during the period from 2018 to 2024, from which the final sample was selected after applying screening criteria. The data used were extracted from audited financial statements, annual reports, and capital market information. Panel data regression models and relevant econometric methods were employed to test the hypotheses.
Results: The results of the study indicate that the quality of integrated reporting has a significant positive impact on the financial performance of companies. Furthermore, this variable leads to an increase in the value relevance of accounting information and an improvement in earnings quality within the studied companies.
Conclusions: Based on the research findings, enhancing the quality of integrated reporting can serve as an effective factor in increasing information transparency and strengthening investor confidence. On one hand, this facilitates better informed decision-making for investors and other stakeholders; on the other hand, it can lead to improved capital market efficiency and the enhanced standing of companies in the Iraq Stock Exchange. Moreover, the results of this study highlight the importance for managers, policymakers, and regulatory bodies to focus on the development and improvement of the integrated reporting system.
Keywords
Integrated reporting
integrated reporting quality
financial performance
value relevance of accounting information
Iraqi Stock Exchange
Subjects
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New researches in Islamic humanities studies
Volume 4, Special Issue
January 2026
Pages 1-28