Running Header: REPLY TO DEREK HELMAN

Jarrett Davis Reply to Derek Helman BUSI 530

REPLY TO DEREK HELMAN

Helman (2012) did a great job sharing the benefits of accurate financial statements. Derek and I are in agreement that transparency is essential to keeping investors informed. He noted that some companies are not transparent, and that some financial statements are intended to hide information rather than share it. However, He found that companies with strong business culture, and empowered management are best at addressing the needs of all stakeholders. This paper will attempt to add additional insight on company valuation. Globally expectations of corporate governance and transparency may differ depending on the national laws and political atmosphere. External demands and pressure may differ, yet in all nations proper governance is needed in order to maintain financial growth (Malik, 2012). Leaders should take measures internally to ensure that their company is transparent enough to satisfy all stakeholders. Regardless of company structure, investors need to see evidence of accountability, ethical business practices, and expertise. If these attributes are proven to stake holders, the stake holders develop confidence. Such confidence will have a positive correlation with stock price and economic growth. so that you may be men of transparent character, and may be blameless, in preparation for the day of Christ, being filled with these fruits of righteousness which come through Jesus Christ-- to the glory and praise of God (Phillippians 1:10-11 WNT). We need look no further than Christian principle for examples of appropriate character. Biblical principle is a guide for all segments of life.

REPLY TO DEREK HELMAN References Malik, S. (2012). Relationship between Corporate Governance Score and Stock Prices: Evidence from KSE-30 Index Companies. International Journal Of Business & Social Science, 3(4), 239-249.