Disclosure of human resource information in corporate annual reports a study in indian context

Abstract

Human resource is the key to the success of every organisation. The growth and newlinedevelopment of any organisation depends, to a large extent, on the quality and quantity of its newlinehuman resource. It is the human resource whose knowledge, skill, experience, efficiency and newlinededication for the organisation prove to be the most important factor for its sustained newlinedevelopment. Human resources include rank and file workers as well as managerial newlinepersonnel. newlineDisclosure of various types of information about human resource is essential for newlinedecision-making by different stakeholders of an organisation. For example, in case of a newlinecompany, Investors are interested in information relating to the quality of managerial persons newlineand general workforce; Workers need information on labour welfare, safety and human newlinerights; Government may require information on total number of employees and labour newlineturnover; General public wants to know policy of selection and recruitment. Hence, types newlineand coverage of human resource information are important for decision-making purpose. newlineThus, human resource information plays an important role in decision-making newlineprocess of various stakeholders of an organisation, particularly of corporate enterprises. By newlineproviding such information, an enterprise enables its stakeholders to make informed and newlineprudent decision. Human resource information may be financial or non-financial. It may also newlinebe of quantitative or qualitative in nature. newline