An Organized Disclosure Policy That Includes "Bad News" Is Beneficial

question 38

True/False

An organized disclosure policy that includes "bad news" is beneficial to all parties because uncertainty about the firm is reduced.

---

Definitions:

Environmental Risks

Potential dangers or hazards from the natural or built environment that can affect individual or public health, safety, and well-being.

American Society

The social structure, cultural practices, and institutions found within the United States.

Normal Accidents

Those that occur inevitably though unpredictably due to the very complexity of modern technologies.

Charles Perrow

Charles Perrow is a sociologist known for his research on organizations, particularly his conceptual framework on "normal accidents" related to technological systems.