Critics condemn FASB proposals



A litany of corporate governance crises in recent years has ushered in a raft of reforms with the aim of protecting investors through greater financial transparency and corporate responsibility. And yet the task of regulator is often a thankless one, as any reforms can also have the sometimes unintended consequence of altering the competitive landscapes of the industries they relate to.

Striking the right balance between safeguarding investors and maintaining efficient markets can be challenging

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