3 Firms with false or misleading disclosure or with omissions of key information in disclosure are subject to investigations by regulatory bodies and law suits filed by investors. The Private Securities Litigation Reform Act of 1995 establishes a safe harbor from liability in private lawsuits for...
a former cabinet secretary. The background to this event was, of course, the series of corporate failures in the United States commencing with Enron, the subsequent collapse of Andersen, one of the then Big Five auditing firms, and the passing into law of the Sarbanes-...
Every country, developed or developing, market- or centrally controlled, needs to define the objectives of economic and social growth in terms of sustainability. Elkington says that firms should prioritise environmental and social problems and grow their value by maximising profit and performance (Elking...