Ruslan Kostyrko

  Denys Prozorov


The purpose of the paper is to improve scientific and applied aspects of analysis of integrated reporting of agricultural corporations on the example of human capital indicators. Methodology. Theoretical aspects of the study are based on the international standards of the Global Reporting Initiative and AccountAbility. Applied aspects are the generalization and critical evaluation of the form, content, quantitative and qualitative indicators of integrated reporting of agricultural corporations. The results of the paper are to define non-financial reporting as an integrated format of information on natural, industrial, financial, human, intellectual, social, institutional capital of enterprises. It is shown that the development of the system of formation and presentation of integrated reporting is influenced by two trends that are somewhat mutually exclusive: firstly, supranational regulation by GRI and AA1000 standards; secondly, the voluntary nature and predominance of content over form, which cause significant differences in formats and the difficulty of conducting a comparative analysis of reporting enterprises. It is proved that integrated reporting is a comprehensive set of quantitative and qualitative indicators, which are divided into general, common to all enterprises of the national economy, and specific, inherent in certain types of economic activity. For agricultural corporations, the latter are: protection of agricultural lands, animal well-being, state and directions of development of organic production, etc. The components of integrated reporting of four agricultural corporations of Ukraine are summarized. Their similarity is determined by the substantive characteristics associated with the disclosure of information about the impact of the enterprise on the environment, social and economic impact, corporate governance, animal well-being. The differences are related to the form of presentation of information, the number of sections of integrated reporting. The conceptual basis of human capital management and features of program in separate researched agrarian corporations are generalized. The analysis of human capital as an object of integrated reporting of agricultural corporations on the indicators of the total number of staff, its permanent and seasonal part, gender composition, categories of employees, age, and duration of training has been performed. Practical implications are the development of recommendations aimed at eliminating the shortcomings of the disclosure of information about human capital associated with the prevalence of quantitative indicators over qualitative ones. It is proposed to use indicators of labor productivity, average wages compared to the industry level, as well as motivational mechanisms for staff in the form of corporate health insurance. Value/originality. The necessity of data integration is substantiated not only at the level of the non-financial report, but also at the level of separate sections, which is advisable to be represented by separate types of capital. On the example of the section “Human capital” it is recommended to highlight the units related to its economic, social, cultural, intellectual development, etc. in its composition.

How to Cite

Article views: 23 | PDF Downloads: 16



integrated reporting, agricultural corporations, analysis, theoretical and applied aspects, European integration, international standards, human capital


Argento, D., Culasso, F., & Truant, E. (2019). From Sustainability to Integrated Reporting: The Legitimizing Role of the CSR Manager. Organization & Environment. Sage Journals. 32(4): 484–507. DOI:

АSTARTA Holding N.V. (2021). Sustainability Report – 2020. Available at: (accessed 29 April 2021).

Havlová, K. (2015). What Integrated Reporting Changed: The Case Study of Early Adopters. Procedia Economics and Finance. 34: 231–237. doi:

IMC (2019). Сorporate Social Responsibility Report 2017|2018. Available at: (accessed 27 April 2021).

Ishchenko, Ya. (2019). Oblik vytrat ta vykhodu orhanichnoi silskohospodarskoi produktsii roslynnytstva [Accounting for costs and yield of organic agricultural crop products]. Institute of Accounting, Control and Analysis in the context of globalization. International scientific journal. 3–4: 26–36.

Kernel Holding, S. A. (2021). Sustainable development approach – 2020. Available at: (accessed 26 April 2021).

Kostyrko, R. O. (2014). Perspektyvy mizhnarodnoi intehrovanoi zvitnosti [Prospects of international integrated reporting]. Bulletin of the National University "Lviv Polytechnic". Management and entrepreneurship in Ukraine: stages of formation and problems of development. 794: 181–187.

MHP SE (2020). Non-financial Report Sustainable development – 2019. Available at: (accessed 28 April 2021).

Patrikats, L., & Patsera, M. (2013). Vprovadzhennia MSFZ ta intehrovanoi zvitnosti spryiatymut yevropeiskii intehratsii Ukrainy [Implementation of IFRS and integrated reporting will contribute to Ukraine’s European integration]. Bulletin of the National Bank of Ukraine. 10: 54–57.

Romolini, А., Fissi, S., & Gori, E. (2017). Exploring Integrated Reporting Research: Results and Perspectives. International Journal of Accounting and Financial Reporting. 7(1): 32–59. doi:

Sobchenko, A. M., & Krukovska, O. V. (2015). Hroshovi potoky u systemi intehrovanoho bukhhalterskoho obliku ta finansovoi zvitnosti silskohospodarskykh pidpryiemstv [Cash flows in the system of integrated accounting and financial reporting of agricultural enterprises]. Science and economics. 3: 23–27.

Stovpova, A. S. (2019). Kontseptsiia intehrovanoi zvitnosti mizhnarodnykh kompanii u konteksti implementatsii zakonodavstva YeS [The concept of integrated reporting of international companies in the context of the implementation of EU legislation]. Scientific works of NDFI. 3: 114–125.

Vasylishyn, S. I. (2020). Metodychni zasady rozkryttia ekonomichnoi bezpeky v intehrovanii zvitnosti ahrarnykh pidpryiemstv [Methodical bases of disclosure of economic safety in the integrated reporting of the agrarian enterprises]. Bulletin of KhNAU. Series: Economic Sciences. 1: 65–78.

Yefymenko, T. I. (2014). Zaprovadzhennia intehrovanoi zvitnosti ta reformuvannia bukhhalterskoho obliku v umovakh yevrointehratsii [Introduction of integrated reporting and accounting reform in the context of European integration]. Finance of Ukraine. 10: 7–23.