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Dysfunctional disclosure

16 December 2002 By Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon

Maybe. But, in both cases, the companies were sitting on material pricesensitive information that investors should have known about. Whatever the rules, healthy companies are not parsimonious with information. By opening up, they make themselves less vulnerable not more.

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Dysfunctional disclosure

16 December 2002 By Hugo Dixon, Hugo Dixon

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