Duty to disclose, duty to correct, and duty to update in the United States and the Republic of Korea

For the purpose of improving investor protection by establishing mandatory disclosure, a duty to disclose should be imposed on issuers who distribute their securities to the public. Further, a duty to correct and a duty to update should also be attached to corporate disclosure of material informatio...

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Veröffentlicht in:Korean social science journal
1. Verfasser: Kim, Byoung Youn (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2004
Schlagworte:
Unternehmenspublizität > Bilanzpolitik > Bilanzrecht > Anlegerschutz > Vergleich > Südkorea > USA > Information > Investition > Recht > Wirtschaftsrecht > Vereinigte Staaten > Aufsatz in Zeitschrift
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Zusammenfassung:For the purpose of improving investor protection by establishing mandatory disclosure, a duty to disclose should be imposed on issuers who distribute their securities to the public. Further, a duty to correct and a duty to update should also be attached to corporate disclosure of material information to provide accurate information to the public. From this point of view, Korea should prepare those duties to force issuers to provide accurate information; in this way, investor protection may be established. (KSSL/DÜI-NIAS)
ISSN:1225-0368