Figure 3
The figure consists of three rectangular boxes. The rectangular box at the top has a solid border and contains the “Private data” section; inside, an icon of stacked documents labeled “Input Invoice”, “F-value”, and “E-value” on the left has a rightward arrow leading to a cylinder icon labeled “F register”, followed by another rightward arrow leading to a larger cylinder icon labeled with a summation symbol, “D r or C r”, “E D r or E C r”, and “Journal”. The rectangular box at the bottom has a dashed border and contains the “Public data” section; inside, an icon of stacked documents labeled “Externalities Invoice” and “E-value” on the left leads via a rightward arrow to a cylinder icon labeled “E register (open access)”, which then uses a diagonal upward arrow labeled “M D” pointing toward the “Journal” box in the top section and a large downward-pointing block arrow on the right leads to a document icon labeled “Adjusted Integrated Reporting”. A diagonal thick arrow from the stacked documents in the top section points to the “E register (open access)” cylinder icon in the bottom section. To the far right of the block arrow is a cylinder icon labeled “Benchmark (narrative model)” with a leftward arrow pointing toward the block arrow. To the left of a document icon labeled “Adjusted Integrated Reporting” is a text that reads “Activism pressure”. The rectangular box on the far right has a dashed border and is labeled “Customer pressure”; it contains an icon of stacked documents labeled “Output Invoice”, “F-value”, and “E-value” at the top with a leftward arrow in the middle pointing back toward the “Public data” section.Multi-entry mechanism (MEM) transactions and reporting flow – closed economy. Source: Authors' own work