A Conceptual Framework of the Business Model Disclosure

The term business model (BM) is one of the topics that has recently been addressed in the area of ​​accounting literature and seeks to explore how to improve the information content of financial statements. The present study is a qualitative research, in the first step in order to collect qualitative data, a framework for semi-structured queries with experts was developed after examining the scope of financial reporting literature and business model.  Subsequently, ۲۳ well-known academic and executive experts in the field of financial reporting and business were selected through purposeful sampling (snowball). The transcribed interviews were coded in the second phase using inductive thematic analysis. In inductive theme analysis, patterns emerge during the analysis by placing open source or sub-themes together in one main theme.  In summary, in the current study out of a total of ۳۵۰ open source codes and ۲۴ sub-themes, ۶ main themes were identified as transparency and narrative, social accountability, users, key drivers, justice and fairness in reporting and presentation and disclosure. All of these are as components of financial reporting based on the concept of business model. Financial reporting and information disclosure are important management tools for effectively transferring information to stakeholders.  Reliable and timely financial reporting enables individuals to accurately assess their future prospects.  Therefore, by re-engineering the financial statements, six key components of financial reporting, inspired by the business model approach, can be a major step in re-engineering financial statements to improve the information content of financial statements.

کلیدواژه ها:

Financial Reporting ، Information Disclosure ، Business Model ، value creation ، Stakeholders’ Management