Inclusion in Annual Reports
To entice new investors, most public companies assemble their financial statements on fine paper with pleasing graphics and photos in an annual report to shareholders, attempting to capture the excitement and culture of the organization in a "marketing brochure" of sorts. Usually the company's chief executive will write a letter to shareholders, describing management's performance and the company's financial highlights.
In the United States, prior to the advent of the internet, the annual report was considered the most effective way for corporations to communicate with individual shareholders. Blue chip companies went to great expense to produce and mail out attractive annual reports to every shareholder. The annual report was often prepared in the style of a coffee table book.
Read more about this topic: Financial Statements
Famous quotes containing the words inclusion, annual and/or reports:
“Belonging to a group can provide the child with a variety of resources that an individual friendship often cannot—a sense of collective participation, experience with organizational roles, and group support in the enterprise of growing up. Groups also pose for the child some of the most acute problems of social life—of inclusion and exclusion, conformity and independence.”
—Zick Rubin (20th century)
“...there was the annual Fourth of July picketing at Independence Hall in Philadelphia. ...I thought it was ridiculous to have to go there in a skirt. But I did it anyway because it was something that might possibly have an effect. I remember walking around in my little white blouse and skirt and tourists standing there eating their ice cream cones and watching us like the zoo had opened.”
—Martha Shelley, U.S. author and social activist. As quoted in Making History, part 3, by Eric Marcus (1992)
“Journalism without a moral position is impossible. Every journalist is a moralist. It’s absolutely unavoidable. A journalist is someone who looks at the world and the way it works, someone who takes a close look at things every day and reports what she sees, someone who represents the world, the event, for others. She cannot do her work without judging what she sees.”
—Marguerite Duras (b. 1914)