To Disclose or Not to Disclose: If That Is the Question What Is the Answer?

Abstract

The corporate disclosure decision is one of the most difficult decisions any corporation, its management and counsel will face. If a corporation learns that it or one of its employees has engaged in a fraud or crime, the corporation, through its officers and directors, must decide whether it should disclose the fraud or crime to the government and, if the decision to disclose is made, what the scope of the disclosure should be. These decisions are fraught with dangers which threaten to expose the corporation and its employees to civil and criminal liability.

Citation

Moscarino, G.J., Tuell Parcher, L. and Shumaker, M.R. (2000), "To Disclose or Not to Disclose: If That Is the Question What Is the Answer?", Journal of Financial Crime, Vol. 7 No. 4, pp. 308-323. https://doi.org/10.1108/eb025952