The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

New survey shows that companies' annual reports are getting bigger but not better

Increasing regulation - OFRs in the UK, Nouvelles Régulations Economiques in France, social & environmental reporting in Scandinavia & the Netherlands - is forcing companies to report more and more detail making it difficult for shareholders to see the big picture according to a new survey. Europe's top 100 companies are facing a growing mountain of regulation, leading to thicker and thicker annual reports,  according to the latest edition of the Company Report Report, from Prowse & Co, the corporate communications consultancy.

 

The survey of companies? annual reports for the financial year 2003-2004 concludes that the increasing burden of regulation is polarising companies into two groups:  the majority, who adopt  a  tick-the-box  approach to reporting,  and the few who communicate effectively about their non-financial policies and performance.

 

According to the Report's author, Matthew Grenier, the greater burden of regulatory compliance is leading to a decline in the communications effectiveness of annual reports.  ?Reports are getting bigger, but not better,? he says.  ?The average score this year has increased from last year's levels, but this is more a reflection of the quality of those at the top of the pile than those in the middle and at the bottom.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree