The Protection of the Minority Shareholder : The Need of Symmetrical Information
In the past years we have attended to the diverse accounting and corporative government scandals leading to the collapse of the financial markets. Consequently the confidence of the minority shareholders has substantially diminished entailing to a loss of liquidity in the markets. In addition, the defenselessness is reflected that the investors suffer by the strong falls of the stock exchanges due to the use of the privileged information. For these reasons, changes are urgently necessary at political and accounting levels for the recover of both; weak economy and the confidence of the investors. Changes that must guarantee a symmetrical, transparent and effective information