Corporate Financial Information Environment (CFIE)


UK Annual Report Narrative Disclosure Scores

In the CFIE project we analysed more than 10,000 annual reports. The analysis results in a spreadsheet and explanatory notes can be directly downloaded from the links below. The latest versions are from January 2016.

Complete Results Spreadsheet (XLSX format)
Complete Results Spreadsheet (CSV format)
Variable definitions (PDF format)
Variable definitions (xlsx format)
Key word lists (DOCX format)
Key word lists (PDF format)

These scores are made available under a Creative Commons Attribution NonCommercial ShareAlike 4.0 International licence.

We also provide SAS code and instructions to help with matching firm names in UK annual reports with a commercial database. We acknowledge the help of Paulo Alves (palves@porto.ucp.pt) (Católica Porto Business School, Universidade Catolica Portuguesa, Portugal; International Centre for Research in Accounting, Lancaster University) in the creation of these instructions and the SAS code.


ESRC logo ICAEW logo Manchester Business School UCREL research centre Lancaster University logo The London School of Economics and Political Science



This page last modified on Wednesday 15 June 2016 at 7:30 am .