Published Online:October 2024
Product Name:The IUP Journal of Management Research
Product Type:Article
Product Code:
Author Name:Namratha B Dundur and Bheemanagouda
Availability:YES
Subject/Domain:Management
Download Format:PDF
Pages:30
The study explores and compares employee relations disclosures of three prominent Indian IT companies—Infosys, Wipro, and Tech Mahindra (TechM)— through their corporate annual reports between 2017 and 2022. By categorizing disclosures into mandatory and voluntary, as guided by the Business Responsibility and Sustainability Reporting (BRSR) framework, the study highlights how these organizations communicate their commitment to employee engagement, diversity, wellbeing, and transparency. The findings reveal that while Wipro and TechM comply with regulatory requirements, TechM stands out for its extensive voluntary disclosures, particularly in areas such as employee wellbeing and diversity. Although Infosys and Wipro also demonstrate strong disclosure practices, Infosys has not fully complied with the mandatory BRSR requirements concerning long-term benefits. This comparative analysis underscores the importance of comprehensive and transparent reporting, not only for compliance but also as a means to foster trust and engagement with stakeholders.
Annual reports are pivo tal to corporate transparency and stakeholder communication, offering a detailed overview of a company’s financial health, strategic initiatives, and business performance. Beyond financial disclosures, annual reports provide a platform for companies to communicate their practices regarding corporate social responsibility, including the treatment and development of their workforce. The significance of employee relations disclosures is growing, particularly as investors and stakeholders increasingly prioritize social and governance issues alongside traditional financial performance.