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SILENCES IN ANNUAL REPORTS
Affiliation:1. Catholic University of Eichstaett-Ingolstadt, Ingolstadt School of Management, Auf der Schanz 49, Room NB 109, 85049 Ingolstadt, Germany;2. Catholic University of Eichstaett-Ingolstadt, Ingolstadt School of Management, Auf der Schanz 49, Room NB 108, 85049 Ingolstadt, Germany;1. Impact Centre Erasmus (ICE), Erasmus School of Accounting & Assurance, Erasmus University, Rotterdam, The Netherlands;2. Centre for Sustainability Management (CSM), Leuphana University, Lüneburg, Germany;3. Smart City Institute (SCI), HEC-Management School, University of Liege, Belgium;1. Facultad de Ciencias Económicas, Universidad Nacional de Colombia, Bogotá, Colombia;2. Departamento de Economía y Administración de Empresas, Universidad de Burgos, Burgos, España;1. Zhong Qin Wan Xin Certified Public Accountants, No. 44, North 3rd Ring Rd, Haidian District, Beijing, China;2. University of Zurich, Swiss Finance Institute and CEPR, Plattenstrasse 14, 8032 Zürich, Switzerland
Abstract:In this paper, we show how annual reports rely upon the silencing of injustices in order to make profit appear to be an unproblematic measure of success. In particular, we examine the ways in which corporations silence the negative impact of their activities upon the earth, the hell of war and the beauty of peace, the spiritual, human and social impoverishment arising from excessive consumption, and the dehumanization of workers. Only by breaking silence and counter-posing corporate values with alternatives can we hope to free humankind from the limitations of profit maximization and promote a world in which peace, happiness, respect for diversity, etc. take precedence to capital accumulation.
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