Inflation is back with a vengeance. Prices of goods and services have risen at rates not seen since the 1980s, slamming households, small businesses, corporations, and governments at all levels. But new research coauthored by Berkeley Haas Associate Professor Yaniv Konchitchki finds that most corporations that face significant risk from inflation have failed to disclose it, causing trillions of dollars in shareholder stock price loss damages thus far and threatening major additional losses for shareholders.
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Source: Phys.org