ABSTRACT
Corporate disclosure practices have been the subject of research and debate for quite some time; however, after the collapse of Enron and WorldCom in 2001, they became the focus of intense research about lack of transparency in, and the subsequent failure of, corporate disclosure practices and procedures. These failures can be, and have been, investigated from a number of different perspectives, some of which include corporate accounting and fi nance, business law, fi nancial accounting, free market economy, business ethics, fi nancial markets, bankruptcies, banking and investment, stock market, fi nancial gap analysis, with implications for several areas of business and fi nance, such as corporate governance, economic management, fi nancial investment and a number of others. An equally interesting investigation, however, could focus on corporate communication, especially on the use of linguistic resources that often makes it possible for corporate writers to persuade and convince a range of diverse audiences of stakeholders, in particular the minority shareholders, to accept their accounts, estimates and projections of the future performance of the corporation in question.
