1335, 1338 (1996). The counterargument is that institutional investors may force both foreign and domestic issuers to disclose more information than…
1335, 1338 (1996). The counterargument is that institutional investors may force both foreign and domestic issuers to disclose more information than the SEC requires. European issuer, even if the SEC accepts IAS standards, another unresolved question involves whether such an issuer can as a practical matter use this lesser standard of disclosure in the United States. Will securities analysts and institutional investors demand more?
