Stagliano and Sillup (2014) conducted a case study centered on assessing the impact of Securities and Exchange Commission (SEC) cybercrime disclosure guidance on reporting corporations. By which, they questioned the largest publicly held firms in the United States pharmaceutical industry. From a financial perspective, the researchers’ total questioned corporations held 96.1% of 2011 reported industry assets and received 96.9% of 2011 industry revenues. Resultantly, the author concluded that little had changed over the previous five years regarding financial disclosure of cybercrime risks by management. The authors demonstrated United States SEC registrants are prone to ignore or disregard the guidance for additional disclosures in their regulatory filings.
References
Stagliano, A. J., & Sillup, G. P. (2014). Transparency and risk assessment reporting: A case study sector survey of cybercrime disclosures. Journal of Business and Economics, 5, 1134-1140. doi:10.15341/jbe(2155-7950)/07.05.2014/017
This topic is not only important but of immense importance.
The conclusion drawn that cultural comparison brings competition, that in turn paves the way to cuturally divesrified members' conflicts. The so called competition can also be seen in context of regions. Atlantic region wants to remain dominant for it's narrow pursuit of Western Anglo American influences. Therefore, I would love to see some some comments by other experts on the topic of intra regional dynamics and percetions to see the unnecessary interference of CEO power crazy culture to create an atmosphere of organisational instability to disturb the peaceful co-existence on principle of agreed to disagree culture in corporate setting that usually exists in academics and research eco-system....
With regards. Prof.K
Certainly national culture does influence security information sharing.
Please have a look at this page
http://www.tlu.ee/~sirvir/IKM/Leadership%20Dimensions/dimesnions_of_culture_geert_hofstede.html
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