This paper focuses on some of the ethical issues related to voluntary disclosure of qualitative information by Canadian public companies. Drawing on various organizational theories, we examine some of the ways that companies can symbolically manage legitimacy through disclosure. Press releases of a sample of companies that received cease-trading orders were analysed for their use of language. We found that high-risk companies attempted to manage legitimacy by selectively releasing information and by using ambiguous language. Moreover, some companies behaved unethically by using language that suggested a positive future despite the imminent release of a cease-trading order. These findings have implications for organizational and accounting theorists and stakeholders in the corporate, fid...
Regulators in Saskatchewan and New Brunswick have extended a cease-trade order against an alleged "boiler room" operation that enforcement officials in three provinces say used high-pressure tactics to encourage investment in high-risk schemes.
... Justice, a judge of a superior court could cease to hold office on his 75th birthday and then immed...
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