Transparent disclosure by companies

[Chris Burford]

Discussion on Bloomberg today was praising Nokia for keeping investors 
fully informed of any adverse impending news. It was argued that this helps 
the company take remedial action more quickly, and leads to greater 
stability, and to greater confidence by institutional, and other, investors.

Commentator suggested that investors might start shaping their decisions by 
whether a company has a good disclosure policy.

This little detail would be a major step towards modifying the capitalist 
laws of private ownership of the means of production, which protect secrecy 
in gaining monopoly advantage in markets with changing technology. It 
accepts that the company exists in a much wider economic and social system.

This is a step on the road to socialism. (Just add class struggle, and stir.)

Chris Burford

London