On the other hand, Ahmad, N.S.M. (2004) found that the Libyan companies did not inform employees
about CSR information due to a lack of importance placed on this information by their employees. Some
interviewees illustrated that while CSR information is important to management, investors and
shareholders, there is a lack of ability to comprehend CSR information by employees that in turn, may
lead to their disregarding information included in annual reports. This view is obliviously stated in the
next quotations by some financial managers: