In late March, Stephen Haddrill, chief executive of the U.K.’s Financial Reporting Council (FRC), wrote to investors to highlight some recent changes to the content of companies’ annual reports and what investors might expect to see in the coming crop. He encouraged shareholders to engage with companies to let them know what information they would like to see included. More importantly, and this is stressed under every topic, he calls on shareholders to challenge companies if they fall short of expectations.
The topics covered in the letter are:
