https://padlet.com/sbsgc/na37dn06sh5qwsav Is CR, in its current state, useful? en-us 2020-11-24 09:12:31 UTC 2024-11-23 10:04:35 UTC hello@padlet.com https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965711605 Deloitte 2018 Insights - '94% of companies described, to varying detail, how they engaged with their stakeholders'.

Shows how Corporate Reporting allows companies to express how they're acting in stakeholder interest, but limited as 'Almost 50%' gave an indication of the outcome of engagement.


]]> 2020-11-27 13:55:21 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965711605 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965724970 Deloitte 2019 - Over half explicitly refer to Climate Change, 20% mention the TCFD (Task-force on Climate-related Financial Disclosures), but only 4% were 'fulsome disclosure)
Deloitte 2020 - 90% of companies acknowledge climate change and 64% referred to TCFD, only 22% made fulsome disclosure.

Demonstartes a significant increase over the year in the importance placed on CSR reporting and the disclosure to official bodies.]]> 2020-11-27 14:03:16 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965724970 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965728873 ACCA 2012 -  '50% of our respondents confirmed that the annual report is still their primary or only source of information.' 

This shows that although there are questions surrounding the complex nature of corporate reporting, annual reports are still heavily relied upon as the main source of information for many users, including: capital providers, credit providers and employees. In some cases annual reports are the only source of information.]]> 2020-11-27 14:05:25 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965728873 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965742367 2020-11-27 14:12:51 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965742367 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965746416 They provide clear overviews of the most relevant areas to stakeholders; structured so that if more info is required, the user can directly access it in the report or sign-posted elsewhere.]]> 2020-11-27 14:15:05 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965746416 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965754125 Deloitte annual report insights 2019:  46% of companies surveyed gave a clear, prominent description of their purpose beyond making profits for shareholders. 
Deloitte annual report insights 2018:  32% of companies surveyed gave a clear, prominent description of their purpose beyond making profits for shareholders ]]> 2020-11-27 14:18:59 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965754125 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965754719 Able to be more concise and clear, reducing length
key communication to stakeholders ]]> 2020-11-27 14:19:18 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965754719 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965756371 The willingness of companies to innovate & adapt their reporting shows that it must play a helpful role for the business to provide info for stakeholders.

Businesses wouldn't spend time and money developing their reporting process if they didn't believe it had benefit. They would just look to meet standard requirements.

Wetherspoons PLC are a good example of a company who's reporting has not changed much over the years. They just look to meet the basic requirements of reporting and explain briefly why they exclude do not adopt parts of the UK governance code.]]> 2020-11-27 14:20:13 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965756371 https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965777146 Through the providing of accurate, historical information, corporate reports allow stakeholders to better assess the direction a company and the expected future performances.

ACCA (Pg.4) - Tenets of good corporate reporting]]> 2020-11-27 14:30:46 UTC https://padlet.com/sbsgc/na37dn06sh5qwsav/wish/965777146