What's Behind the Financial Report: How Millennials View Transparency

Abstract

This article explores the perspectives of millennials on transparency in financial reporting, an increasingly important issue in the digital era. With the growth of information technology, millennials as a group that dominates the labor market and consumers have high expectations for corporate transparency and accountability. This study uses a qualitative approach, involving in-depth interviews with 30 respondents from various educational and professional backgrounds. The results show that millennials consider transparency as a key factor in building trust in a company. They prefer clear, concise, and easily accessible financial reports, and value the importance of effective communication from management. In addition, this study identifies a paradigm shift from simply complying with regulations to building closer relationships with stakeholders. These findings are expected to provide insights for accounting practitioners and companies in adapting their financial reports according to millennial expectations, as well as encouraging better transparency practices in the future.