A study on the legal framework of narrative reporting and its liability

2015 Fiscal Year Final Research Report

• Project/Area Number: 25380122
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Civil law
• Research Institution: Waseda University
• Principal Investigator: Kawashima Izumi 早稲田大学, 社会科学総合学術院, 教授 (50177672)
• Project Period (FY): 2013-04-01 – 2016-03-31
• Keywords: 非財務情報の開示 / 統合報告 / 非財務情報の開示責任

Outline of Final Research Achievements

In the UK, the Regulations 2013 amended existing company law requirements of narrative reportings. Under the new legal framework, the statutory reports including the strategic report which provides social and environmental information as well as supplementary information to financial statements are intended to be more useful and higher quality communication tool with investors, with the statutory safe-harbour provision of civil liability and some assurance of the consistency with the accounts by auditor. In our continuous study of narrative reporting, it will be helpful to have regard to the UK recent development of this field.

Free Research Field

社会科学