STAKEHOLDERS’ PERCEPTION OF CORPORATE SOCIAL DISCLOSURES IN ANNUAL REPORTS: EVIDENCE FROM GHANA

The purpose of this paper is to investigate stakeholders' perception of corporate social disclosures in annual reports in Ghana and to address the research questions of whether there is a difference between the type of corporate social disclosure that is sought by stakeholders and what is generally seen in corporate annual reports, and whether potential investors and customers' decisions are independent of social and environmental information. The survey method was used. The results show that stakeholders in Ghana do not consider the annual report as the most important source of social and environmental information. The study revealed that there is no difference between the type of corporate social disclosure that is sought by stakeholders and what is generally seen in corporate annual reports, and that potential investors and customers' decisions are independent of social and environmental information.