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Thread: Disney says to strenghten governance - Reuters, 8/1/02

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    Disney says to strenghten governance - Reuters, 8/1/02

    Disney says to strenghten governance - Reuters, 8/1/02

    Quikquote: Disney chose the middle ground, saying it favored the expense method, but not vowing to adopt the method on its own.

    Instead, Disney Chairman Michael Eisner called on U.S. and international accounting boards to set "consistent and clear guidelines ... so that all companies use the same methods."

    In the meantime, Disney said it will continue providing options information in supplemental financial statements.

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    As the LA Times put it this morning, a "Mickey Mouse" response on this issue from Disney ..............


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