Date
2005-06
Notes
Best award for academic paper
Dewey
Organisation et finances d'entreprise
Sujet
France; corporate communications; financial reporting; annual reports; disclosure; risk management
JEL code
G24; D81
Conference name
Conference on Corporate Communication (Corporate Communication Institute at Farleigh Dickinson University)
Conference date
06-2005
Conference city
Wroxton
Conference country
Royaume-Uni
Author
Touron, Philippe
Henneron, Sandrine
Thuelin, Élisabeth
Type
Communication / Conférence
Abstract (EN)
Risk orientated disclosure is a focal issue of corporate communication. Many provisions have been implemented in the USA and in Europe to promote transparency about risks faced by companies, especially by quoted ones. The increase of mandatory risk reporting applying to companies leads to the question whether or how companies are compliant with these regulations. Nevertheless, the answer implies another question: what is required to be disclosed? And what is risk? We have established an inventory of rules currently existing in order to identify the risk disclosure context faced by French companies. Therefore, there is no consensus in the different pieces of legislation. Then we demonstrate that the terminology referred to by companies tends to differ from one to another. Finally, we try to set up a framework which could bear these deficiencies.