Thursday, June 20, 2013
On the press, reflect on transparency
Companion of the press to generate contributions, make constructive criticism for the business community
With the economic journalism, sharing, empathy with the difficulties of each economic entity is always in the mind of each page to write.
Operating picture of companies are still dominated by the gram and downs of the economy. In this context, the stock market witnessed a bumper penalty cases when only early May until now, SSC has issued 20 decisions sanctioned organizations, businesses and individuals violating stock market regulations, in which the large-scale enterprises such as Northern Gas JSC, JSC BIDV Expressway Development Company Investment Fund Management Finance, a major shareholder of Navibank, Urban Development Corporation and the River Industrial Park Da (Sudico), Far Eastern Insurance Corporation, Song Da - Thang Long ... As such, it is likely 2013 will be the year set a new record for penalties and fines on the stock market.
These days a lot of violations may be due to a long-time management is loose and when tightened, it will create problems arise. However, one must also acknowledge the fact that the difficult economy, many businesses fall into longer be extreme, would have raised the state unit "dose ever done." In this context, the press - as a bridge to convey information honestly, most of the market, not sitting on the sidelines. However, with the economic journalism, sharing, empathy with the difficulties in the operation of each economic entity is always in the mind of each page to write.
Of course, to point out and condemn the corners is the most practical encouragement for market transparency and fairness. But to do this, journalists need the cooperation and sharing more from companies, investors and all market participants. In tough economic times, many businesses will be afraid to share accounting data, financial situation, distributors, customers, partners, lenders lest they see the weakness and easy being "beaten". So arose the closed condition and operating information of companies is a blind block, not transparent.
A corporation debt crisis facing the media after the publication of information on the business results of 2012 and are "delve" backwards. So then, on the website, all the information related to this issue have been published so far removed, in the open field exchange with journalists from leading companies disappeared. However, experts said that such a "cons of" falling into these situations, companies must head calmly accepted and justified by its practical effectiveness. Practice has proved, if visionary business leaders, policy construction companies operate transparently, but must endeavor to many times, but when overcome, the size and strength of the company will progress beyond level of quality.
Along with the explosion of the media and the economy is increasingly integrated, more transparency will be honored and recognized. Some articles may not do the negative cases or violations disappear, but the article was very necessary to bring light on what we need to do to better. Desire shared companion of the press to create contributions, make constructive criticism for the business community, society is simply that.
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