Corporate Reporting: New Wine, New Bottles
A quiet renaissance in corporate reporting is gradually transforming its purpose, content and readership. This transformation predates the recent spate of accountability misconduct, but is accelerating because of it. In a few short years, a new generation of reports will have moved from the extraordinary to the exceptional to the expected, thereby establishing a new standard of transparency unimaginable even a decade ago. For forward-looking managers, opportunities abound to stake out leadership positions among investors, employees, customers, and communities.