.... Findings The paper highlights the power of ideology to create a desired outcome. It finds that Sarbanes‐Oxley represented a neoliberal victory in that it legitimated shareholder primacy and continued use of a failed corporate governance model. Practical implications Sarbanes‐Oxley did not address...

... relationship. In addition, larger companies undertake more activities, make a greater impact on society, have more shareholders who might be concerned with social programmes undertaken by the company, and the annual report provides an efficient means of communicating this information (Cowen et al...

...Marc J. Epstein; Martin Freedman The demand for social information by individual investors is supported by the survey reported in this study. Based on the results of the 1991 survey on the usefulness of annual reports to corporate shareholders,there appears to be a strong demand for information...