Greater disclosure of information works to facilitate the "discipline of the market" and allows the industry to more effectively serve as its own regulator.

Question

Quizplus · Accepted Answer

Greater disclosure of information enhances transparency, allowing market participants to make more informed decisions. This, in turn, helps in self-regulation as companies are motivated to maintain high standards to attract investment and retain customer trust.

Greater Disclosure of Information Works to Facilitate the "Discipline of the Market