SEC asks questions about retailers’ on-line sales

“After Decades of Toil, Web Sales Remain Small for Many Retailers,” Wall Street Journal, August 28, 2013 A1.    SEC presses major retailers for more details on actual level of on-line sales.  http://on.wsj.com/17lBYSa

So, in addition to proxy disclosures, Boards need to worry about how it discloses information to shareholders about non-material portions of its business.  Vague claims of growth in call with investors subject to scrutiny. A thirty percent growth rate sounds impressive until you understand that the growth is from an infinitesimal percentage.

 

Is this a Data Quality point or a Governance point? Or both?  Content?

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Filed under Communications, Content, Data quality, Risk

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