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Now, with new rules requiring sworn certification of all future statements, executives are on notice that they had better know not just the bottom line, but how the company got there.
This culture clash runs deep and statements executives in Switzerland sometimes utter can sound absurd at best.
But in recent public statements, executives at such institutions have downplayed the risk of a substantial hit to their balance sheets.
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State secrets, warrantless investigations and wiretaps, signing statements, executive privilege the executive branch wields many tools for secrecy.
In a joint statement, executives of the two organizations that sponsor the survey said that, given the strong first half of fiscal 2011, they were hopeful that this year's gains would be repeated, returning endowments to a solid footing.
Rather than trying to boil the strategy down to a pithy statement, executives will get better results if they develop a small set of actions that everyone gets behind.
Though "there are no quick fixes to correct the errors of the past," J.C. Penney Chief Executive Myron Ullman said in a statement, executives "have identified the challenges [and] put solid plans in place".
In a statement, executive supervisor Jon Ola Sand said: "It's a daring and at the same time incredibly exciting move.
According to Merck's proxy statement, executive bonuses are determined by comparing growth in revenue and earnings per share to those of its peers in health care.
In a statement executive producer Tom Werner said he was grateful to "continue to explore stories of the Conner family".
In a statement, executive producer Ken Mok said they will continue to work with Barker, Manuel and Alexander on future projects.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com