SOURCES AND SUGGESTED REFERENCES
“UK Companies Fearful of Sarbanes-Oxley Obligations.”Accountancy, September, 2002,
p. 20.
“Accounting Crisis.”Accountancy, August 2002, p. 13.
“Chasing the Goalposts.”Accountancy, May 2002, pp. 57–58.
Adhikari, A., and R. H. Tondkar. “Environmental Factors Influencing Accounting Disclosure
Requirements of Global Stock Exchanges.”Journal of International Financial Management
and Accounting, Summer 1992, pp. 75–105.
13 • 42 CORPORATE FINANCIAL DISCLOSURE: A GLOBAL ASSESSMENTFiat S.p.A
http://www.fiatgroup.com/eng/finanza.ef9finanza.htm
The Fiat Group’s Web site is comprehensive. It provides financial press releases going back
to September 15, 2001, notices of Annual General Meetings, shareholder reports and offi-
cial filings. It also has a comprehensive section of webcasts and presentations.
Ford Motor Company
http://www.ford.com/en/ourCompany/investorInformation/default.htm
Ford’s investor relations Web site lacks only one section—presentation slides—found on the
Fiat Group site. Ford provides a wealth of financial data for shareholders and links to SEC
documents. The section containing webcasts is relatively small.
Hyundai
http://www.hyundai-motor.com/eng/investment/index.html
Hyundai provides a fair amount of financial data, but not the Notice of Annual General
Meeting. Its archive of news and press releases goes back to early 1999. Hyundai does not
give shareholders information about analyst meetings or presentation slides.
Jiangling
http://www.jiangling.com
Jiangling does not provide English-language information on its Web site.
Toyota
http://global.toyota.com/ir.html
Toyota’s investor relations Web site ranks fairly well for comprehensiveness and archived in-
formation, but has no official filings. Press releases go back to 2000. One must download
12 separate files to recreate Toyota’s annual report in PDF format. Toyota archives webcasts
for 30 days and keeps presentation slides available for download.
Volkswagen
http://ir.volkswagen-ir.de/english/default.asp
Volkswagen has a very well-done site complete with annual reports, interim reports, and
dates for upcoming shareholder events. Volkswagen also provides information about the
results of annual meetings. Press releases go back to late 2000, and Volkswagen provides
webcast archives of recent meetings and presentation materials from shareholder meetings
and roadshows.
Exhibit 13.22. Qualitative Comparison of Information Available on Company Web-
sites.