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 about product safety and...

Purpose – Concerns for improving governance have focused attention on the role of boards of directors in evaluating the performance of the CEOs. There have been numerous discussions about how performance and strategic management systems aid in the evaluation and implementation of strategy and...

Purpose – The purpose of this paper is to thoroughly examine sources of mission diffusion and mission drift in the microfinance industry and to identify consequences of and remedies to these problems. Design/methodology/approach – Extensive field experience relating to individual...

Purpose – The paper's aim is to thoroughly examine solutions to mission diffusion and mission drift in the microfinance industry. Design/methodology/approach – Extensive field experience relating to individual microfinance institutions and industry trends provide the grounding for a review...

This paper reports the results of an extensive study of the effectiveness of MD&As. Our primary research question can be stated as follows: To what extent do MD&As, as currently issued, meet the self‐perceived needs of individual investors? To answer this question, we examine the responses to...