Throughout human history punishments have been meted out to people who are not guilty or only partially guilty. Actions that can invoke punitive action from the authorities include treason, fraud, crime, breach of trust, etc. Famous examples from recent centuries include Galileo Galilei, Charles Darwin, Bertrand Russell, etc, who were ostracized and punished for expressing…
Tag: SEC
Corporate Annual Reports
Corporations whose shares are traded publicly must issue an Annual Report at the end of each financial year for the perusal of its shareholders and other stakeholders. The stakeholders could be potential investors, creditors, employees, regulating agencies and competitors. In other words, Annual Reports indicate the financial health of a corporation to all concerned. It…