The biggest lesson that was learnt from financial crisis of 2008 - 2009.Is that information and transparency

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The biggest lesson that was learnt from financial crisis of 2008 - 2009.Is that information and transparency are some of the preconditions for well-functioning markets.

Why is that the case or how was it concluded that this is the biggest lesson?

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Financial Accounting Theory

ISBN: 9780134166681

8th Edition

Authors: William R. Scott, Patricia O'Brien

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Posted Date: Jun 07, 2023 01:56 AM

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The biggest lesson that was learnt from financial crisis of 2008 - 2009.Is that information and transparency

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The statement that information and transparency are some of the preconditions for wellfunctioning markets is a widely accepted conclusion drawn from t... View the full answer

Financial Accounting Theory

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