Fair Disclosure of Inside Information by Listed Companies: A comparative study between the UK and Kuwait
Journal Title: Journal of Research in Emerging Markets - Year 2019, Vol 1, Issue 1
Abstract
In Kuwait, the Capital Markets Act 2010 (the Act) gives the regulatory authority the power to pass disclosure rules. However, the Act does not mention how to improve such disclosure rules. Therefore, this article will discuss the concept of protecting individual investors, which involves ensuring fair disclosure by listed companies, because informed investors are protected investors. This article will discuss the idea of having fair disclosure to protect investors, to ensure that all investors have an equal opportunity to know about inside information in an appropriate and timely manner. This article will also examine the existing disclosure rules that apply to equity shares in Kuwait as compared to the UK’s disclosure regime as examples of developed countries
Authors and Affiliations
Abdullah R. A. S. Al-Shebli
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