An annual report is a comprehensive document prepared by a company at the end of its financial year, which summarizes its financial performance, business activities, and strategic goals. It is intended for shareholders, stakeholders, and the general public.
Corporate Social Responsibility (CSR) is a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.
Financial distress refers to a situation in which the activity of a business is influenced by the possibility of impending insolvency. This state incurs various costs, ranging from those related to bankruptcy to costs arising from stakeholders' changes in behavior and managerial focus.
A global alliance promoting integrated reporting to showcase how organizations create value over time, combining financial and non-financial performance metrics.
The Profit-Sharing Ratio (PSR) is a financial metric used to define how profits or losses are distributed among partners or stakeholders in a business or investment.
An approach to business planning that prioritizes maximizing the value of shares for shareholders above other business objectives.
Short-termism refers to policies and practices aimed at maximizing current profits rather than promoting long-term development and wealth creation. It can have significant negative implications on research and development, stakeholder interests, and overall company stability.
Stakeholders are individuals or groups with an interest in an organization, such as shareholders, employees, suppliers, customers, and members of the community. Stakeholder theory seeks to incorporate the interests of all stakeholders in business activities and decisions.
