Transparency is needed as shown by the examples of LinkedIn, Groupon and Demand Media who claimed to be more profitable than they were before they were forced to show their hand and their actual financial data as they prepared to go public, writes James Temple for the San Francisco Chronicle.
Temple opposes the bill introduced in U.S. senate that would increase the number of shareholders allowed before a company is forced to provide complete financial data. -db
From a commentary in the San Francisco Chronicle, November 11, 2011, by James Temple.