Integrated Reporting Model to Enhance Policy Risk Transparency for Multinational Corporations

Integrated reporting (IR) has emerged as a strategic tool for enhancing transparency and accountability in corporate governance, particularly for multinational corporations (MNCs) navigating complex policy environments. As global businesses face increasing regulatory scrutiny, geopolitical uncertainty, and environmental, social, and governance (ESG) pressures, the need for structured and holistic reporting frameworks has intensified. This study proposes an Integrated Reporting Model to Enhance Policy Risk Transparency (IRM-PRT), drawing on extensive review of contemporary literature in corporate governance, risk management, and integrated reporting standards. By synthesizing empirical findings, theoretical perspectives, and best-practice guidelines, the study identifies key dimensions of policy risk disclosure, including financial, operational, regulatory, and reputational risk factors. The proposed model emphasizes multi-dimensional reporting mechanisms, stakeholder engagement, and alignment with international reporting frameworks such as the International Integrated Reporting Council (IIRC) and Global Reporting Initiative (GRI). This review-based study provides a conceptual foundation for MNCs to improve policy risk transparency, strengthen investor confidence, and facilitate sustainable decision-making in dynamic global markets.