BUSINESS MODEL IN INTEGRATED REPORTING OF FOREIGN AND DOMESTIC ENTERPRISES

Introduction. The core of the organization is its business model, which is based on various capitals, understood as resources, and through its commercial activities turns them into products (goods, services, by-products and waste). The activities of the organization and its products lead to results in terms of impact on capital. The ability of a business model to adapt to change (for example, the availability, quality, and availability of resources) can affect the long-term viability of an organization. Misunderstanding of the content of the business model by practitioners leads to the fact that the reflection of the business model in the integrated reporting of both domestic and foreign companies is not uniform. The implementation of the above issue will provide an appropriate author's approach to the interpretation of the business model in integrated reporting, as well as a detailed analysis of its components. Therefore, the topical issue will be the reflection of the business model in the integrated reporting of foreign and domestic enterprises. Purpose. The purpose of the study is to determine the essence of the business model in integrated reporting, as well as analysis of its components, provided by foreign and domestic enterprises. Methods. The following methods were used during the study: analysis and synthesis (disclosure of the economic essence of the business model in integrated reporting); grouping (selection of approaches to the interpretation of the essence of the business model in the scientific works of researchers); observation (selection of foreign and domestic enterprises that reflect the business model in integrated reporting); logical generalization of results (formulation of conclusions). Results. In the course of the study, the author's approach to defining the essence of the business model in integrated reporting was formed, based on the grouping of approaches in the scientific works of foreign and domestic authors. A business model in integrated reporting is a description of an enterprise's activities, reveals its resources (capital) with the help of which value is created, and also the value of an enterprise is formed during its activities. Discussion. Further research is proposed to focus on the value creation process in integrated reporting. This will allow us to understand how the enterprise creates value for society as a whole, and for individual stakeholders.