The research project aims to address the pressing issue of inequality in various layers of society including in developing countries. Inequality across gender, income, race, physical ability, and education, particularly intensified during the COVID-19 pandemic. Implementing diverse corporate reporting practices is one potential tool for achieving a more balanced world. Focusing on non-financial reporting in line with the Accounting, Reporting, and Auditing Act of Georgia 2016 and examining post-pandemic manifestations, the project is the first empirical study of corporate diversity reporting practices across Georgia. Utilizing a textual analysis approach and artificial intelligence, the project will construct a corporate diversity reporting index covering ten different dimensions. The used statistical model, by controlling the quality of quantitative and textual parts of financial reporting, country-level institutional factors and the role of auditors, allows us to determine the impact of corporate diversity reporting on the financial status of enterprises. Research findings are anticipated to offer valuable insights for the industry itself, policymakers, and investors, both domestically and internationally. 

The project is funded by the Shota Rustaveli National Science Foundation of Georgia with a grant for fundamental research within the framework of the 2022 state scientific grant competition. The head of the project is Erekle Pirveli.