Abstract:
The content of the 2002 and 2003 annual reports of companies listed
on the JSE Securities Exchange was analysed to determine how many
disclose HIV/AIDS information. This was done to determine whether
there were notable changes in both the number of disclosing entities
and the content of disclosure between the two years as a result of the
recommendations of the Second King Report on Corporate Governance
on HIV/AIDS disclosure. A greater number of companies disclosed HIV/
AIDS information in their annual reports in 2003, but the overall number
of disclosing entities remained low. An analysis of the content in HIV/
AIDS disclosure also indicates inconsistencies in disclosure practices
that might negate the usefulness of the information to users of annual
reports.
