Tuesday, December 2, 2008

Is being a zero-debt company a comfort factor?

Go beyond financial analysis

Can reassurance be infused into the economy and the financial markets by mandating an additional set of disclosures in reporting by companies and financial institutions? "Though our reporting structure is amongst the best in the world, the realty sector's reporting and accounting practices need more crystallisation," says Mr V. R. Srinivasan, Director & CEO, Brics Securities Ltd, Mumbai (www.bricssecurities.com).

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