Disclosure Standoff

Topics:
Commercial Lending
Tags:
Accounting,
Investor,
Financial Services,
Financial Accounting,
Financial,
Finance,
Disclosure,
Banking Strategies,
Banking,
Operational Accounting
Source:
Banking Strategies

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Overview: Banks shy away from disclosing too much financial information, but investor pressure and recent accounting scandals may force greater openness. A large company sees its stock dive when news breaks that it has been using complex derivative instruments to prop up earnings. Public disclosures aimed at calming the market only fuel more selling. The article discusses that investors are eager about 'derivatives'.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Aug 2002 | Pages: 1

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