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These decisions include the timing of disclosure, the choice of accounting methods, and corporate cash payout policies.
We study the effects of regulating the timing of disclosure on the quality of accounting information, using a 2003 US regulatory change that accelerates 10-K filing deadlines as a research setting.
This prohibition on the use of corporate information for personal profit may be applicable to the disclosure timing context, where the insider uses his knowledge of corporate information to influence the timing of disclosure to improve the outcome of a personal trade made pursuant to a Plan.
We identify and examine several issues that the SEC will need to consider in designing the rules, including the scope of the political spending and public companies covered, the treatment of spending channeled through intermediaries, the setting of de minimis exemptions to the disclosure requirements, and the frequency and timing of disclosure.
Detailed data about the timing of disclosure relative to the onset of sexual relations should be collected in future studies.
The timing of disclosure also depended on other factors such as the educational background of the child, his or her social exposure and level of understanding.
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"Especially late in the game, it's possible to game the timing of disclosures to drop a whole lot of money without having to disclose anything about its sources," said Bill Allison, the editorial director of the Sunlight Foundation.
(Today any disclosure about Plans is voluntary, limited, and irregular at best). Disclosure of even limited information about an insider's Plan could expose the insider's trades to hindsight scrutiny in light of post-trade corporate disclosures that might suggest there had been inappropriate (that is, morally if not legally improper) influence over the timing of disclosures.
[C1.] F.D.A. to Inspect Guidant Manufacturing Plants The Food and Drug Administration plans to conduct an extensive inspection of the manufacturing facilities of the Guidant Corporation, the maker of implantable heart devices that is under scrutiny because of concerns about the safety of some of the devices and the timing of disclosures about them.
Critics questioned the timing of the disclosure.
But the vice president today questioned the timing of the disclosure of the new inquiry.
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