Investors' confidence in U.S. public companies grows
Investors’ confidence in investing in U.S. public companies—and in audited financial information released by those companies—has risen to a seven-year high in 2014.
According to the Center for Audit Quality’s (CAQ’s) Main Street Investor Survey, 80% of 1,049 investors surveyed said they have some, quite a bit, or a great deal of confidence in investing in U.S. publicly traded companies.
That’s a rise of one percentage point over the previous year, and the highest portion recorded since the question was first asked in the survey in 2008. Read more on the Journal of Accountancy.