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COVID-19: SEC filings are a communication platform

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Apr 01, 2020

On April 1, 2020, the National Association of Corporate Directors (NACD) released a blog on how boards need to ensure that their companies’ filings not only accurately identify and reflect the impact of the pandemic on their businesses, but also effectively communicate with investors.

In speaking about future developments, companies can deprioritize issues and engagement not related to COVID-19, which is the topic most important to investors in this moment. As stated by one major investor group, such engagement “should be postponed where not related to COVID-19 to allow management and boards the ability to focus on crisis management.”

To help directors and their management teams understand the current landscape of COVID-19 risk disclosure, NACD mined data from MyLogIQ—Multidimensional Public Company Intelligence to identify trends in 10-K filings from January 1 to March 30, 2020 using the search terms “coronavirus” and “COVID-19.”

Review the blog on the NACD's website.

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