Rodent Regatta

Longer reports don’t necessarily mean that a management team has decided to be more forthcoming with information. Rules and regulations requiring disclosure aren’t likely to change the attitudes of an entrenched management that views shareholders as the ignorant enemy.
Annual Reports: More Pages, But Better?. While companies flaunt their new openness in their annual reports, it is not clear that this year’s disclosure is much better than the last. [New York Times: Business]