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The social reports said not.
Only 40percentt of social reports are now audited.
Most companies that publish social reports now do so separately from their financial reports.
(Social reports of all kinds, including environmental and afety, number in the thousands).
"If we cannot trust management to put out an honest report to shareholders," he said, "it would be silly to put any credibility in these social reports".
Many companies may view social reports as an opportunity to "greenwash" -- to highlight the good and omit the bad -- with glossy images of employees planting trees, butterflies or cupped hands holding a globe.
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In Europe, some countries -- the Netherlands, Denmark, Norway and France -- require some sort of social reporting.
In 1929 President Herbert Hoover sponsored a comprehensive social report that was published five years later.
Indeed, social reporting, once a squishy exercise, is becoming more serious.
"Five Days at Memorial" is social reporting of the first rank.
In his review for The Times, Jason Berry called the book "social reporting of the first rank".
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CEO of Professional Science Editing for Scientists @ prosciediting.com