New directions are emerging in corporate communications, disclosure and reporting; but the usual underlying tensions remain
Corporate disclosure, financial reporting and corporate communications in general are undergoing a sea change. On the surface, the two big drivers are a bumper crop of corporate scandals and the strong regulatory medicine that followed in its wake. What has not changed – and is indeed the underlying force behind these drivers – is the conflict between investors and management over the control of corporate resources. Investors face a big information gap in trying to monitor management’s
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