Question

Why are publicly traded corporations required to release financial reports on a regular basis?

A. because shareholders are entitled to transparency
B. so the government can determine the corporate taxes owed
C. so owners know when it is time to hire a new board of directors
D. because it would be impossible to raise financial capital otherwise
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Answer 1

a

Step-by-step explanation:

Answer 2

The correct answer is A.

In a corporation the shareholders are the owners. They are required to release the financial reports because they are entitled to transparency and need them in order to base their investment decisions on their contents.