%0 Journal Article
%T Users¡¯ Information Requirements and Narrative Reporting: The Case of Iranian Companies
%A Bikram Chatterjee
%A Soheila Mirshekary
%A Omar Al Farooque
%A Maryam Safari
%J Australasian Accounting Business and Finance Journal
%D 2010
%I University of Wollongong
%X This paper investigates whether the narrative section of Iranian companies¡¯ annual reports satisfies theinformation requirements of financial analysts employed by institutional investors. Taking a group ofstakeholders (i.e. financial analysts) as the sample, a questionnaire survey was conducted to identify their topthree information needs from the narrative sections of company annual reports in each of three informationcategories: Present, Analytical and Prospective. Following this survey, a checklist was prepared to analysewhether Iranian companies are disclosing this information required by financial analysts. Overall, the resultspartially support stakeholder theory as there is a general lack of information flow on the part of Iranian listedcompanies in meeting their stakeholders¡¯ information needs.
%K Annual Reports
%K Narrative sections
%K Users¡¯ information needs
%K Iranian companies
%U http://ro.uow.edu.au/aabfj/vol4/iss2/6