CHAPTER 5

The Future of Corporate Reporting

Introduction

In this final chapter, we focus less on the financial information given by companies to shareholders, than the developments that are changing the nature of the information being provided by companies to a wider audience. One assumption that has influenced the provision of information by companies is that they are responsible to and reporting to shareholders who seek a financial return from any investment they have made. This is a narrow view of the role of a company in present times. As well as paying dividends to shareholders, companies also create employment, provide goods and services, pay taxes to the government, and, in some respects, influence the way we live. Given that wide spread ...

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