Compare Contrast Between Mcdonalds and KFC allassignmenthelp.com
Hence, the importance of a proper and ethical annual corporate report is really essential and it can be understood from the case of the famous company, Enron and they had o declare themselves as bankrupt. KFC and McDonalds also have been progressing vaguely and away from their own agendas and have failed to provide correct information in their annual report.
A Company’s annual report showcases its performance of a particular year. The stakeholders are able to take vital decisions but if these reports are not correct, then it can be said that the company is playing with the trust of all its stakeholders. It can also be concluded that they are doing unethical business and it can make them lose credibility within a short span of time.