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Aug 31, 2004

Tipping the scales

The benefits of transparency will one day outweigh the immediate costs

In response to ongoing corporate communications disasters, global regulators continue to introduce new legislation mandating the type of information that must be communicated to investors, and how it must be communicated. The new rules range from major enactments such as the European Union’s (EU) transparency directive on modifications to the timings of SEC filings by US-listed companies.These regulatory initiatives fall short in two ways, however. First, they do nothing to explain the

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