Faculty News
In a Q&A interview, Professor Baruch Lev discusses how CFOs can better communicate with the investment community, from his book, "The End of Accounting"
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Excerpt from Strategic Finance -- "Don’t wait for the FASB [Financial Accounting Standards Board] or the SEC [Securities & Exchange Commission] to adapt financial reporting to the 21st Century. It may take a while. Start disclosing relevant information to investors. It’s not only good for investors—it’s good for you, too. Research overwhelmingly shows that improved transparency reduces cost of capital and stock volatility, increases managers’ credibility, and mitigates shareholder lawsuits."
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