Social Reporting Practices in Indian Corporate Sector

The annual report is the widest way as a means of communication in the present world of economies. Every company report their financial statements and other business-related evidence in their annual reports. Almost every company keeps its annual reports in physical form and on websites today. The information disclosed by a company in its annual reports is highly dependent on competition as well as industry standards. The present study examines the disclosure of social information in the annual reports of Indian companies and also shows the relationship between Social Disclosure Index and industry sector. The study is based on a random sample of 106 companies, which comprise the DOLLEX-200 Index as on March 31, 2016. This sample of 106 companies includes 16 different industrial sectors. To measure the extent of social disclosures of the sample companies, a worksheet namely Social Disclosure Index (SDI) have been prepared. The results of the present research paper conclude that there is a significant positive relationship between the industry sector and Social Disclosure Index.