OLD ARTICLE – Original posted on July 24, 2018 The American-styled short-selling model works on aggressive negative press releases, research and other PR stunts (now apparently including legions of anonymous Twitter accounts) to drive a share price down. Fair is fair, none of these actions are illegal if they disclose their beneficial interest. While this…
Tag: steinhoff
What Do Auditors Do & Not Do?
OLD ARTICLE – Originally posted on June 11, 2019 Following all the local corporate failures, the media and many (ill-informed) investors have savagely turned around and blamed the external auditors. While easy–and very human–to blame someone else like an external auditor for fraud, two things have become quite apparent: Many people do not actually understand what an “external financial…