At a time of increasing short-term pressure, many CEOs and Boards are struggling to communicate the long-term value that they create. In this report, EY considers what information companies should be providing to satisfy their key stakeholders.
Key points include:
The shape of value is changing and an increasing proportion of a company’s value lies in its intangible assets but traditional financial reporting metrics were not designed to measure them.
The trust gap between business, the establishment and society is widening.
There is pressure in the investment chain to focus on the short-term despite the desire to create value in the long-term.
The proliferation of data is providing new ways of measuring value but also means organisations are increasingly losing control over the conclusions made about their business.
Managing Partner - Assurance, UK & Ireland, and UK Head of Audit