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Public-Company Auditors Earn Solid Confidence Ratings from Investors--While Their Confidence in Capital Markets also Remains Strong
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(63 seconds)
-- How Will You Use This Story? --
(OPEN):
74-PERCENT OF AMERICAN INVESTORS CURRENTLY HAVE BROAD CONFIDENCE IN THE
NATION'S CAPITAL-MARKETS--WHILE 78-PERCENT HAVE CONFIDENCE IN ITS PUBLICLY TRADED COMPANIES.
WHAT'S MORE, 81-PERCENT BELIEVE THAT PUBLIC-COMPANY AUDITORS ARE TRULY EFFECTIVE, IN THEIR INVESTOR-PROTECTION ROLES.
THAT'S ACCORDING TO THE JUST-RELEASED "2018 'MAIN-STREET INVESTOR'
SURVEY", FROM THE "CENTER FOR AUDIT-QUALITY".
CINDY FORNELLI IS THE CENTER'S EXECUTIVE-DIRECTOR...
(FORNELLI):
"INVESTOR-CONFIDENCE IS A PILLAR OF HEALTHY CAPITAL-MARKETS.
AND, FOR THE RESPONDENTS IN OUR SURVEY WHO EXPRESSED CONFIDENCE IN U-S MARKETS, THE TOP REASONS WERE: THE STRENGTH OF THE ECONOMY; THE PERFORMANCE OF THE STOCK-MARKET; CONFIDENCE IN THE [TRUMP-]ADMINISTRATION; AND A BELIEF IN OUR FREE-MARKET SYSTEM.
MEANWHILE, FOR THOSE WHO EXPRESSED A LACK OF CONFIDENCE, THE TOP REASONS WERE: A LACK OF LEADERSHIP IN THE ADMINISTRATION; A FEAR OF TRADE-WARS OR UNCERTAINTY AROUND TRADE-AGREEMENTS; AND A LACK OF LEADERSHIP IN CONGRESS."
(CLOSE):
THE ONLINE SURVEY, OF 11-HUNDRED INVESTORS, WAS CONDUCTED IN AUGUST.
FOR THE FULL RESULTS, VISIT "THE-C-A-Q"-DOT-ORG.
