This book, first published in 1986, is a close analysis into management’s financial disclosure practices of the first half of the twentieth century. With criticisms of existing financial disclosure practices continuing to today, this study aims to make sense of the present through an examination of past practices, difficulties and solutions.
1. The Legislation of Prospectus and Financial Disclosure Standards in England Before 1900 2. The Critics of Big Business, 1900-1917 3. The Demand for Disclosures of Corporate Affairs, 1900-1917 4. State Security Regulations, 1850-1933 5. Major Federal Securities Legislation Proposals, 1918-1929 6. Proposed Financial Disclosure Standards, 1918-1929 7. Prospectus Disclosure Practices, 1900-1930 8. The Securities Act of 1933 9. Conclusions