What works in Security laws (Summary) Essay Example | Topics and Well Written Essays - 250 words

What works in Security laws (Summary) - Essay Example The author further argues that these laws do not favor any particular party. One significant strategy that the laws apply to ensure equality in public offering is the use of supervisors. Supervisors are agents who ensure the security laws are adhered to. The laws requires of all supervisors not to be biased or influenced by power or any other factor. Another significant content of the security laws is regulating the depth at which shareholders are exposed to company figures. Every company is required to expose its figures to shareholders before placing their shares at public offerings. However, the depth of knowledge is also regulated in favor of companies. The laws protect companies from exposing all information on the company before its public offering (LaPorta, Lopez-de-Silanes & Shleifer, 2004). From the journal by LaPorta, Lopez-de-Silanes & Shleifer (2004) the need to bridge the gap between countries with strong and weak investor protection strategy is sensitized. In his recommendation, legal laws and reforms to support financial development are