Corporate and information disclosure: The definitional landscape

Disclosure is ultimately about communicating organizational value to various stakeholders. But while interest in the concept of disclosure has recently gained momentum, a precise and commonly agreed upon definition is still lacking, as is a comprehensive review. Thus, I review, analyze and evaluate prior definitional statements of disclosure, culled from a variety of discipline-based literature published between 1978 and 2012, to provide future direction about two primary questions: to whom disclosure is directed and about what is the disclosure made? (C) 2015 Elsevier Inc. All rights reserved.