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IPO disclosures are ripe for reform : current financial disclosure rules let would-be public companies shape a rosy narrative about their prospects and obscure information that investors should know
Author
Title
IPO disclosures are ripe for reform : current financial disclosure rules let would-be public companies shape a rosy narrative about their prospects and obscure information that investors should know / Aswath Damodaran, Daniel M. McCarthy, Maxime C. Cohen.
Edition
[First edition].
Publication
[Cambridge, Massachusetts] : MIT Sloan Management Review, 2022.
Physical Description
1 online resource (9 pages) : illustrations
Local Notes
Access is available to the Yale community.
Notes
Reprint #63418, Summer 2022 issue, vol. 63, no. 4.
Access and use
Access restricted by licensing agreement.
Summary
Current financial disclosure rules let would-be public companies paint a too-rosy picture while obscuring information that investors should know. Pre-IPO disclosures have grown increasingly bloated but typically lack information relevant to the likelihood of success for new business models. The authors propose "triggered" disclosures tailored to a company's value drivers, wherein claims about customer value and potential market size must be supported by the consistent, objective collection of baseline data.
Variant and related titles
Initial public offering disclosures are ripe for reform
O'Reilly Safari. OCLC KB.
Format
Books / Online
Language
English
Added to Catalog
September 28, 2022
Bibliography
Includes bibliographical references.
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