What is Inclusive Capitalism

There is growing universal agreement that neoliberalism, a form of political economy governance, has under-delivered for a majority of people over many years. This is exhibited in the extent of job losses, reduced tax revenues, dwindling overall savings, and so on. Whereas several contributory factors are identifiable, fundamentally these policy ambiguities are issues of failing global governance. This chapter analytically describes the influence of integrated reporting as an instrument for embedding corporate transparency, accountability, and responsibility, hence inclusive corporate governance for the common good in emerging economies. This investigation identified three channels through which integrated reporting connects with sustainable and inclusive capitalism, transparency and adequate disclosures in capital markets, stakeholder engagement, and corporate legitimacy. Integrated reporting provides the required cultural shift in corporate management by emphasising multi-capital long-term value creation, which ultimately promotes long-term behaviour in capital markets.