In 2016 the Securities and Exchange Commission (SEC) considered for the first time whether financial disclosure reform should address information on sustainability matters and other sources of nonfinancial risk.
Non-financial information disclosed by firms is an important channel for investors and analysts to understand the operating conditions of firms and a major source of information other than financial data. This study examines the impact of disclosure of f
nonfinancialmarket efficiencyIn 2016, the Securities and Exchange Commission (SEC) considered for the first time whether financial disclosure reform should address sustainability matters andoi:10.2139/ssrn.2923561Virginia E. Harper HoSocial Science Electronic Publishing...
management discussion and analysis of financial condition and results of operations, information circulars, material change reports, press releases and all other information or documents required to be filed or furnished by the Company under Applicable Securities Laws which have been publicly filed or oth...
However, the implementation of mandatory ESG disclosure by the SEC is expected to face challenges, particularly amidst unresolved controversial issues in corporate and securities law [21]. Nevertheless, establishing such a regime could potentially mitigate problems of obfuscation and misinformation inherent ...
Twitter Google Share on Facebook nondisclosure Medical Financial Wikipedia (ˌnɒndɪsˈkləʊʒə) n the failure to reveal or disclose information, esp in a court of law Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994...
(cash and cash equivalents and investment securities) of $1.5 million. The decrease in interest expense was mostly due to the impact of lower average funding rates of $1.5 million, fewer days in the quarter of $621,000 and lower average interest-bearing liabilities of $336,000. The...
Securities and Exchange Commission's Regulation FD, the Company is permitted to disclose to the Purchaser on a confidential basis, Confidential Information so long as the Purchaser agrees to bound by the terms of this Article 9. 9.3 The Purchaser acknowledges that the Confidential Information will ...
securities laws governing the release of forward-looking statements that surround insider trades (Arshadi 1998; Rogers and Stocken 2005). Although insiders still bear some degree of litigation risk for trading after corporate disclosures, this risk is lower than that associated with trading before ...
We find that crashes are more likely to occur during weeks in which firms disclose an 8-K filing with the SEC, particularly when the filing relates to: financial information, accounting and financial statement matters, corporate governance, Regulation FD events, and other events. We also find a...