Financial Gatekeepers: Can They Protect Investors?

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Developed country capital markets have devised a set of institutions and actors to help provide investors with timely and accurate information they need to make informed investment decisions. These actors have become known as "financial gatekeepers" and include auditors, financial analysts, and credit rating agencies. Corporate financial reporting scandals in the United States and elsewhere in recent years, however, have called into question the sufficiency of the legal framework governing these gatekeepers. Policymakers ...

Financial Gatekeepers: Can They Protect Investors? 2006, Brookings Institution Press

ISBN-13: 9780815729815

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