Voluntary disclosures by australian companies?
2006-08-16 16:01:59 · 4 answers · asked by Anonymous in Business & Finance ➔ Corporations
Either they have nothing to hide or by voluntarily disclosure, they can control and manipulate the facts to their benefit.
2006-08-16 16:06:59 · answer #1 · answered by EMAILSKIP 6 · 0⤊ 0⤋
Agree with above. Its like hiding in plain sight :) If you're trying to hide the last place those looking will expect to find you is out in the open, same with Voluntary disclosure, if companies put it all out in the public people assume they have nothing to hide or else they wouldn't be doing it.
2006-08-16 23:09:13 · answer #2 · answered by Saani_G 3 · 0⤊ 0⤋
In the United States, now that the CFO & CEO are liable for the information disclosed in the footnotes to the financial statements; they tend to disclose everything that they can think of as a CYA.
2006-08-16 23:48:12 · answer #3 · answered by intelbarn 3 · 0⤊ 0⤋
Probably most of the time is because people are going to find out anyway, and this way they can put their own spin on it.
2006-08-17 01:22:08 · answer #4 · answered by Judy 7 · 0⤊ 0⤋