A User’s Guide for Interpreting the CEO Letter to Shareholders

Sebastien Point

Chapter 77 in Handbook of Top Management Teams, 2010, pp 663-673 from Palgrave Macmillan

Abstract: Abstract The enormous number of articles written about the CEO letter to shareholders shows the sort of fascination this document can exercise. Here we are going to inquire into this institutional mode of communication, which gets a lot of media exposure, and in which those in charge, CEOs, offer us their vision of past and future events; justify their actions and decisions; and try to make a good impression. Our interpretation of the documents published by companies on the CAC40 (the French stock-exchange) index, over the period 2003–5, suggests that everything is just a question of performance.

Keywords: Institutional Mode; Successful Company; Subject Pronoun; Compulsory Exercise; Company Annual Report (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30533-5_78

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DOI: 10.1057/9780230305335_78

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