Narrative Disclosures In Corporate Annual Reports

Download or read book Narrative Disclosures in Corporate Annual Report written by Lokanath Mishra and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Narrative disclosure in corporate annual report is perhaps more useful to the users who lack the tools, expertise and resources needed to garner and interpret exceedingly complex quantitative corporate information. Corporate reporting is no longer limited to only balance sheet and income statement, but also includes a wide range of narrative disclosures relating to the unconventional assets, value drivers and issues of competitive advantages of the new economy business for catering to the needs of various stakeholders. As a result, corporate reports have now become longer and richer in content and context. However, in the absence of any specific format or any agreed conceptual framework or any common policy of what to include and what not, the growth is becoming multidimensional and even seems unbounded, making the narrative parts uncomparable with each other even for technical experts. The present study hence aims to review all the available studies conducted on the various dimensions of narrative accounting practices in India and abroad and find the valuable research gap, which may help to augment future studies in this area.