18.3 Information is the lifeblood of the capital markets. Investors risk their hardearned capital in the markets,

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18.3 Information is the lifeblood of the capital markets. Investors risk their hardearned capital in the markets, and they rely on information they receive from enterprises in making their investment decisions. They need reliable information on a timely basis. They want it in a language they can understand, and they should receive it in formats they can easily use for analysis. Investors have the right to expect that the benefits or losses they experience will result from the decisions they make, not from flawed information. Discuss.

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Financial Accounting An International Approach

ISBN: 9780273693192

1st Edition

Authors: Prof Jagdish Kothari, Elisabetta Barone, Barone Kothari

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