The Development and Present Status of Corporate Disclosure
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Date
1953-06
Authors
Sorenson, Kimball J.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
This thesis deals primarily with only one of the several forms of business organizations. It has to do with the cooperative form and to a large extent with those cooperations of larger size where the capital investment is relatively high and where there is not usually an intimate relationship between those who own the business from those who manage and operate it. More specifically, the subject matter is a particular problem which has arisen in connection with the corporate form. This problem concerns the disclosure by management to stockholders, bondholders, and those who are interested in becoming such, of the pertinent, vital information about the financial condition and operating results of the business which such persons are entitled to have. The roots of the problem go deep and wide in our economy's. They affect many of us directly and individually because of the widespread ownership of securities. They affect most of us a bit less directly but, nevertheless, materially because of the influence they have upon employment and upon the availability of many things which come to us through the effective operation of large-scale business. They affect the nation as a whole, because the nation’s security and progress are closely tied to an efficient productive capacity and to the welfare and satisfaction of its individual members.
Description
125 pages
Keywords
protective legislation, The Securities Act of 1933, The Securities Exchange Act of 1934