The Accounting Review Vol. 32 No. 4 1957
DISCLOSURE:1957.
Abstract
The rising stature of the professional financial analyst, the increasing influx of institutional investors into stock holdings, and the chance for companies to enhance the attractiveness of their stock through ample disclosure have introduced specific problems which warrant consideration. Accountants have current expanded responsibilities and opportunities in the area of disclosure. There are very positive reasons why ample disclosure good financial public relations is desirable. Institutional investors are becoming a larger and larger segment of the stockholder group. Furthermore, a great number of individual investors depend, directly or indirectly, upon professional security analysts for investment advice. Analysts are major consumers of financial information. As investors or advisers to investors, they are entitled to adequate disclosure of corporate information in order that they might be better able to make intelligent decisions. More thought should be given to the undesirable practice of releasing corporate information to a favored few.
- DOI
- 10.2308/tar-7060769
- Volume
- 32
- Issue
- 4
- Pages
- 598-604
- Language
- en
- Sources
- openalex crossref