Users' information requirements and narrative reporting: the case of Iranian companies
journal contributionposted on 2023-05-20, 09:55 authored by Chatterjee, B, Mirshekary, S, Al Farooque, O, Safari, M
This paper investigates whether the narrative section of Iranian companies’ annual reports satisfies the information requirements of financial analysts employed by institutional investors. Taking a group of stakeholders (i.e. financial analysts) as the sample, a questionnaire survey was conducted to identify their top three information needs from the narrative sections of company annual reports in each of three information categories: Present, Analytical and Prospective. Following this survey, a checklist was prepared to analyse whether Iranian companies are disclosing this information required by financial analysts. Overall, the results partially support stakeholder theory as there is a general lack of information flow on the part of Iranian listed companies in meeting their stakeholders’ information needs.
Publication titleAustralasian Accounting Business & Finance Journal
PublisherUniversity of Wollongong, School of Accounting, Economics and Finance
Place of publicationAustralia
Rights statementCopyright © 2010 Australasian Accounting Business and Finance Journal and Authors