"Corporate reporting is an essential means by which companies communicate with investors as a part of their accountability and stewardship obiligation." Comment and list out the expected information required by investors

Corporate reporting is an essential means by which companies communicate with investors as part of their accountability and stewardship obligations. The current financial reporting model was developed in the 1930's for an industrial world. In general, the model provides a backwards-looking review of performance and does not provide enough relevant information for decision-making today. The financial reporting model is like "looking in the rear-view mirror," when in fact the road ahead is very turbulent and there are huge impacts on the company, both societal and environmental. It is not necessarily the volume of information, but the lack of a comprehensive story, which is where improvements in corporate reporting are needed. Investors expect information about: Business model and strategy, Intangible factors and sustainability (i.e. economic, environmental, social) commitments, Impacts and performance that affect a company's value today and its ability to create value in the future, Key aspects of corporate governance, Internal controls, Human rights / diversity practices and policies, Key financial ratios