A Form $10-$K is more than an annual report and is meant for the government. It has lots of extra details like: A full story about the company's business, the risks it faces, any legal issues, a deep dive into the company's finances, how much it pays its big bosses, who runs the company and how, and financial numbers checked by accountants $($Wahlen & Baginski, $2022).$

Good company management, or corporate governance, is essentially the set of rules that a company follows. It's important because it builds trust in the company, which can make it more valuable. It also keeps the company out of legal trouble and leads to better decision$-$making, which can improve the company's finances. When a company is managed well, more people want to invest in it$.$ Having clear rules helps a company stay focused on its goals and track how well it's doing, which often means better performance. Plus, it's not just about making money now; it's about planning wisely for the future. So$,$ having a good "rulebook" for running a company helps it to succeed and make money in the long run $($University of Pittsburg, $2023).$