Villiers Charlotte. Corporate Reporting and Company Law

Cambridge University Press, 2006. — 360 p.The importance of disclosure as a regulatory device in company law is widely recognised. This book explores the disclosure requirements of companies in their reporting activities, and seeks to bring together the main features of the reporting system. The book considers the theoretical basis of the corporate reporting system and describes the regulatory framework for that system. It explores financial reporting and ‘narrative’ reporting, highlighting the fact that financial reporting requirements are more substantially developed than narrative reporting requirements – a consequence of the shareholder-centred vision that persists in company law. The roles of those responsible for providing corporate reports and those entitled to receive such information are examined. The book concludes with some broad suggestions for future development, with particular focus on the need to recognize the relevance of the communicative role of corporate reporting. The use of new technology also presents both challenges and opportunities for improving the regime.
Charlotte Villiers is Professor of Company Law in the Law School at the University of Bristol, specialising in company law and employment law. She has also taught at the universities of Sheffield and Glasgow and has been a visiting lecturer at the University of Oviedo, Spain.