Corporate Information Disclosure: Evidence from Listed Housing Finance Companies in India

Abstract

Corporate disclosure can be used as a device by companies to communicate accountability, by showing their vision for the future and account for past performances. If companies are able to communicate their social and environmental work they can receive advantages attached to a good reputation and build a relationship, based on trust, with the society in which they operate. Corporate disclosure falls into two broad categories: mandatory and voluntary. On one hand, mandatory disclosure consists of information disclosed in order to comply with the requirements of laws and regulations. The present paper enquires into enquire the Corporate Disclosure of listed housing finance companies in India.