Studies examining whether annual reports and specifically narrative sections of annual reports are satisfying users’ needs is sparse. Following this dearth of literature and concerns raised by Mirshekary and Saudagaran (2005) and Mirshekary (2005) in regard to the dearth of reporting by Iranian companies at that time the paper explores whether the narrative section of Iranian companies’ annual reports satisfy the information requirements of financial analysts employed by institutional investors. The paper adopts stakeholder theory as the theoretical framework. The result provides mixed support to stakeholder theory, taking a group of stakeholders, that is, financial analysts as the basis. Most Iranian companies disclosed the required prospective information while the satisfaction of these financial analysts’ present information requirements was partial. In regard to analytical information, most companies did not provide those information items required by the financial analysts.
|Title of host publication||Research Matters|
|Subtitle of host publication||Seventh International Business Research Conference|
|Editors||Mohammad Ziaul Hoque|
|Place of Publication||Melbourne, Australia|
|Publisher||berwick: World Business Institute|
|Number of pages||29|
|Publication status||Published - 2007|
|Event||International Business Research Conference - Sydney, Australia, Australia|
Duration: 03 Dec 2007 → 06 Dec 2007
|Conference||International Business Research Conference|
|Period||03/12/07 → 06/12/07|
Chatterjee, B., Mirshekary, S., & Safari, M. (2007). Meeting Users' Needs or Engaging in Information Overload: The Case of Narrative Reporting by Iranian Companies. In M. Z. Hoque (Ed.), Research Matters: Seventh International Business Research Conference (pp. 1-29). berwick: World Business Institute.