South African Journal of Economic and Management Sciences | 2010
Authors:
DOI: 10.4102/sajems.v13i2.47
Journal: South African Journal of Economic and Management Sciences
Year: 2010
Publisher: AOSIS (pty) Ltd
Document Type: Article
Open Access: All Open Access; Gold Open Access
Cited by: 4
The traditional corporate annual report consists of two types of disclosures, that is, mandatory and contextual disclosures. The research problem focuses on the issue whether full disclosure in corporate annual reports could entail mandatory and contextual disclosures as well as a more subtle set of information for disadvantaged stakeholders. To solve the research problem, use was mainly made of a literature review dealing with certain aspects of decision-useful financial reporting. The literature review was complemented by exploratory empirical research. It was found that full disclosure in corporate annual reports could consist of mandatory and contextual disclosures as well as a more subtle set of information for disadvantaged stakeholders.
Corporate annual reports; Financial decision making; Information needs of disadvantaged stakeholders