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by vngzs 1311 days ago
In Europe there are rules that work out to: if you have 50 employees or assets over EUR ~5 million, you must disclose audited financial statements publicly (this is not strictly true, but it is true to a first order approximation).

It wouldn't be crazy sounding to require that companies worth over $10 billion USD disclose financial statements audited by reputable firms.

2 comments

Disclose to a government agency or to the public. Those are very different beasts.

Like, can I look up the statements of a particularly profitable McDonalds?

Some version of this would make sense to me.