''Critics of corporate communications who assert that annual reports contain only historical information are incorrect,'' says this study from FEI Research Foundation. Today, capital markets are increasingly global, corporate restructurings are widespread, investment funds dominate securities transactions, Web and other communications technologies are expediting market trading, and federal tort laws have changed dramatically. Are annual reports reflecting these changes in the business environment? To answer that question, this detailed study analyzes the annual reports of 16 companies in eight industries for trends in the reporting of nonfinancial information, and whether there have been any changes in reporting over time. Find out how these companies are presenting information about their markets, products, employees and other areas.

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