Which of the following statements regarding annual reports covering corporate social responsibility is INCORRECT?
A) While reporting under this framework is voluntary in the United States, the SEC has endorsed these types of nonfinancial reports.
B) These reports contain mandatory disclosures on how companies are conducting and governing their businesses in ways that only benefit their shareholders.
C) Some countries mandate some form of corporate social responsibility reporting in order to be listed on their stock exchanges.
D) Many of the world's largest businesses issue corporate social responsibility reports under the strict guidelines of the Global Reporting Initiative.
B
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Which company activity is identified as the set of institutions, and processes for creating, capturing, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large?
What is a shelf registration?
A. A registration statement that the SEC formally rejects. B. A registration statement that the SEC rejects due to the lapse of a specified period of time. C. A registration process for large companies that allows them to offer securities over a period of time without seeking additional approval by the SEC. D. A registration form that is withdrawn by the registrant without any action having been taken.