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Companies disagree on whether they must disclose too much information in annual reports

Jaclyn Jaeger | April 16, 2018

Companies disagree about whether the quantity of information contained in annual reports is a good or a bad thing, according to a poll of governance professionals conducted by ICSA: The Governance Institute and recruitment specialist, The Core Partnership.

Some 39 percent of respondents felt that companies are required to disclose too much information, while 38 percent disagreed, and 23 percent were unsure. Despite this, a majority of respondents (78 percent) said they believe annual reporting is still a useful exercise for stakeholders, with only 7 percent believing it is not, and 15 percent unsure.

Those who argue that companies must disclose too much information in annual reports offered a number of criticisms, among them:

  • Companies are required to produce more and more information, some of which is too...
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