How readable are corporate annual reports?
Pashalian, Siroon, Crissy, William J. E.
Journal of Applied Psychology · 1949 · Volume 34 · Issue 4
Abstract
The Flesch Readability Formulae were used to investigate the readability of corporate annual reports. Formulae revealed that, on the whole, the general level of reading was difficult, the human interest value dull, and the language was beyond the comprehension of 75% of the U.S. adult population. (PsycInfo Database Record (c) 2025 APA, all rights reserved)
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