Also Quote by Richard Grasso
“It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for China, but also for the world market as a whole.”
About This Quote
Source Speech: Financial Market Reform Address, 2015
Transparency, high‑quality reports, and standardization build investor trust globally.
In simple terms: Clear reporting builds trust worldwide.
Promote transparent, standardized reporting.
Themes
Mood
Type
When to use this quote
- annual earnings releases
- stock exchange listings
- cross‑border investments
- regulatory filings
Key Concepts
Questions to Reflect On
- How can multinational firms align reporting standards?
- What incentives encourage transparent disclosures?
Implementation can be hindered by inconsistent local regulations.