Yakub02
Banned
The business information disclosure is very sacrosanct in every ramification.
some voluntary information might be provided as a public relations or marketing exercise, to present ‘good news’ about the company to investors and other users of the company’s published reports.
providing information on a voluntary basis might persuade the government or financial service regulator that compulsory disclosures and regulation are not necessary.
companies might publish social and environmental reports out of a genuine ethical and cultural belief in the responsibilities of the company to society and the environment. If a company believes that it has social and environmental responsibilities, publishing a report on these issues is a way of making itself accountable.
a company might use voluntary disclosures as a way of improving communications with its shareholders.
By giving more disclosures to shareholders, companies might encourage shareholders to respond, and enter into a dialogue with the company about its strategies and plans for the future. The main limitations of information provided on a voluntary basis are that:
the company can decide what to include in the report and what to leave out; The information is often presented in a very positive form, as public relations for investors, and might not be entirely reliable
some voluntary information might be provided as a public relations or marketing exercise, to present ‘good news’ about the company to investors and other users of the company’s published reports.
providing information on a voluntary basis might persuade the government or financial service regulator that compulsory disclosures and regulation are not necessary.
companies might publish social and environmental reports out of a genuine ethical and cultural belief in the responsibilities of the company to society and the environment. If a company believes that it has social and environmental responsibilities, publishing a report on these issues is a way of making itself accountable.
a company might use voluntary disclosures as a way of improving communications with its shareholders.
By giving more disclosures to shareholders, companies might encourage shareholders to respond, and enter into a dialogue with the company about its strategies and plans for the future. The main limitations of information provided on a voluntary basis are that:
the company can decide what to include in the report and what to leave out; The information is often presented in a very positive form, as public relations for investors, and might not be entirely reliable
