The Role of Disclosure and Corporate Social Responsibility in Financial Communication

This chapter discusses the mandatory responsibilities of the financial communication function. It outlines common regulatory requirements – regular disclosures, event-related, and ad-hoc disclosures – and describes the dynamic evolution of voluntary disclosure. It explains how the scope of disclosures has evolved beyond mere financial data to include non-financial information, with a focus on environmental, social, and governance data. Motivations for voluntary disclosure are explored, and common disclosure channels are discussed.