Engaging Stakeholders in the UK in Corporate Decision-Making
Published: 12 February 2018
Dr Katarzyna Chalaczkiewicz-Ladna presented research findings from a joint report co-written with Professor Iain MacNeil and Dr Irene-Marie Esser at an event on Thursday 8 February at the University of Edinburgh.
Dr Katarzyna Chalaczkiewicz-Ladna presented research findings from a joint report co-written with Professor Iain MacNeil and Dr Irene-Marie Esser at an event on 8 February at the University of Edinburgh.
Her talk, entitled ‘Engaging Stakeholders in the UK in Corporate Decision-Making Through Strategic Reporting: An Empirical Study’, was hosted by the Edinburgh Centre for Commercial Law.
Abstract
This project empirically analyses the practical implications and relevance of the production of a strategic report for shareholders and especially other stakeholders (e.g. employees, customers, suppliers, environmental agencies, social, community and human rights bodies), in the context of s. 172 CA 2006. The strategic reports of the FTSE 100 companies from 2015 and 2016 are scrutinised, using a methodology involving compliance coding. This study is especially significant, as the practical implications and relevance of the production of a strategic report, in the context of non-financial issues, by company directors, have not been discussed in depth in prior literature. This paper fills this gap and first, provide concrete evidence on compliance with the provisions of a strategic report, especially the extent to which environmental, social and governance issues are considered by the companies. This first systematic review of strategic reporting in the UK carries international implications due to the high international shareholder base in FTSE 100 companies. Secondly, the type and quality of information transferred from the company to stakeholders, based on the strategic report, are evaluated here.
Full paper can be downloaded here:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3049203
First published: 12 February 2018