Abstract
When a company wishes to have access to the capital markets, it must accept and fulfil certain obligations necessary to protect the interests of investors, supervisory authorities and the general public. One of its most basic responsibilities is full and fair public disclosure of corporate information, including financial results whether these are positive or negative. On these financial results will be based not only current analysis but also future efforts on prognosis.
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Notes
D.N. Chorafas, Credit Derivatives and the Management of Risk (New York: New York Institute of Finance, 2000).
D.N. Chorafas, Managing Risk in the New Economy (New York: New York Institute of Finance, 2001).
D.N. Chorafas, Managing Operational Risk: Risk Reduction Strategies for Investment Banks and Commercial Banks (London: Euromoney, 2001).
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© 2002 Dimitris N. Chorafas
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Chorafas, D.N. (2002). Reliable Financial Reporting and Market Discipline. In: Modelling the Survival of Financial and Industrial Enterprises. Palgrave Macmillan, London. https://doi.org/10.1057/9780230501737_9
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DOI: https://doi.org/10.1057/9780230501737_9
Publisher Name: Palgrave Macmillan, London
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