The role of integrated thinking in the corporate governance system and integrated reporting process

Subject. The article considers problems of interaction between the company's structural divisions in the process of solving complex problems and generating corporate reporting. Objectives. The study aims to disclose the essence of integrated thinking, determine stages of introducing integrated thinking into the company's business practice, identify advantages and difficulties associated with this process. Methods. The study employs general scientific methods of research. Results. The paper determined types of capital that can be at the disposal of the enterprise, defined components embraced by integrated thinking that relate to organization’s activities, analyzed the role of integrated thinking in ensuring effective corporate governance and preparation of quality reporting. It reviewed factors influencing the creation and maintenance of enterprise value, unveiled the benefits and challenges associated with the process of implementing integrated thinking. Conclusions. Integrated thinking ensures productive interaction among all structural divisions of the company, ultimately contributing to the enhancement of corporate governance efficiency and improvement of report generation process.