Corporate Reporting in India: Financial and Social Performance Disclosures

"Since the emergence of corporate form of business organization, accountability through periodic disclosures has been the foundation of good corporate governance. This book aims at analyzing the levels of corporate disclosures by the public sector entities in India. Levels of disclosures by the companies have been explored for the non-statutory informational items, termed extended corporate reporting (ECR). It explains theoretical concepts of corporate reporting by referencing them to the general framework of an informational system. Corporate reporting behavior in terms of additional disclosures has been analyzed for three sets of informational items. These are, complete set of (actual) additional disclosures, termed ëextended corporate reportingí (ECR), and two sub-sets of ECR - termed ëextended financial reportingí (EFR), and ëextended social reportingí (ESR)."