Look who's talking: sources of variation in information disclosure in the UK

The article examines the correlates of variable levels of information disclosure by management to employees in the UK. It develops several hypotheses that are tested using 1998 and 2004 Workplace Employment Relations Survey data. The results show that managerial perceptions of goal alignment by employees and the existence of direct participation mechanisms are positively associated with disclosure at both dates. The size of the workplace has a generally negative relationship at both dates, but less so in 2004 than in 1998. Other variables such as financial distress and the presence of trade unions and joint consultation have more complicated relationships over the two time periods. The article discusses theoretical and policy implications of the findings.