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(ii) Explain why the disclosure of voluntary information in annual reports can enhance the

时间:2021-04-25 19:37:39 解答: 167 次

(ii) Explain why the disclosure of voluntary information in annual reports can enhance the company’s

accountability to equity investors. (4 marks)

正确答案:

(ii) Accountability to equity investorsVoluntary disclosures are an effective way of redressing the information asymmetry that exists between management andinvestors. In adding to mandatory content, voluntary disclosures give a fuller picture of the state

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