Human Resource Disclosure and its Association with Corporate Attributes

Abstract

Corporate disclosures in annual reports has increased manifold particularly in last decade providing a plethora of information about accounting and corporate reporting practices. Corporate annual reports are becoming an outlet for disclosures various information of both voluntary and mandatory, financial and non-financial and other aspects of company performance. Human Resource is one of the important aspects of effective and efficient company management and information about the same are useful for various stakeholders. The present study investigated the extent of human resources disclosures in annual reports by both the manufacturing and service industries in India, the study used multiple regression models to examine the impact of selected corporate attribute like age, turnover, total asset, profitability, market capitalization and promoter’s shareholding on the extent of HR disclosures in corporate annual report. The result of the study shows that manufacturing companies have better HR disclosures as compared to IT companies. The result also shows statistically significant relationship between market capitalization and promoter’s shareholding with the extent of HR disclosures. However, age, turnover, profitability and total asset don’t have any influence over the level of HR disclosures.