Friday, October 10, 2014

Does stockholder have the right to see copy of income and expense reports?

Does stockholder have the right to see copy of income and expense reports?
The question applies only to corporations because only corporations issue publicly traded stock. Stockholders that own shares of the corporation's stock only have the right to see publicly disclosed financial statements. That includes an Income Statement and a Balance Sheet Statement. These are issued at least annually but usually quarterly. Legally, the corporation can only issue these statements at times when the information is available to all stoholders. Detailed expense reports are not issued to stockholders.
You can find most Financial Statements online at nasdaq.com.

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