1. Financial transparency: As a listed company, its annual report needs to provide true, accurate and complete financial information to ensure the financial transparency of the company and the supervision of regulatory agencies. If there are employee bribery cases in the company, it may have an impact on the company's financial situation, such as corruption and misappropriation of funds. Disclosure of employee bribery cases can show investors and regulators the seriousness of such illegal acts and reduce the investment risk caused by information asymmetry.
2. Legality and compliance: The employee bribery case involves illegal acts within the company and may violate anti-corruption laws and regulations. According to the requirements of the law, listed companies need to disclose major illegal acts in time and cooperate with relevant departments to investigate and deal with them. Disclosure of employee bribery cases can show the company's attitude of actively cooperating with law enforcement departments, and show the company's awareness of compliance and rule of law.
3. Corporate image and reputation: The employee bribery case may have a negative impact on the company's reputation and image. The misconduct of employees may be interpreted by the outside world as poor management and poor internal control of the company, thus affecting the trust of investors, partners and consumers in the company. By disclosing employee bribery cases, the company can actively respond to social concerns, show its integrity and responsibility, and strive to restore and maintain its corporate image and reputation.