Disclosure is an <economic term> that refers to a broad corporate disclosure that includes not only the narrow corporate disclosure of stocks (finance, corporate governance), but also the non-financial management activities of a company from the perspective of the company's public nature.
Global Korean companies are implementing integrated risk management from the government's economic security perspective, ethical and compliance management to improve governance, and sustainable ESG management. The integrated risk management capabilities of global companies like Samsung Electronics and Hyundai Motors are reminiscent of national intelligence agencies. Industry sources say they spend significant amounts on information management.
However, Disclosure's most basic analysis of global news information yields starkly different results. For example, Samsung Electronics only records two or three negative issues (hereafter referred to as "risks") in domestic news reports within a month, while Disclosure's analysis of international news reports tracks over 50 risks. Furthermore, issues tracked by Disclosure often fail to make news even hours after they are reported, or even weeks later. This suggests that the companies or media outlets lack the technology to identify domestic and international risks, or that media outlets, for whatever reason, either choose not to report on them or fail to do so.
See also: Hyundai Motor India Sumatra Risk , LG Energy Solution Battery Explosion Risk
The news about global companies analyzed by Disclosure includes news that supports corporate growth, such as product launches, factory establishments, technology development, marketing, investments, and contracts. However, it also includes negative news that impacts companies and their stocks, such as tax evasion, product defects, patent infringement, class action lawsuits, accidents, consumer complaints, and strikes. Unverified fake news can be indiscriminately copied and spread globally, causing significant damage to companies. If such news is disseminated to media outlets or securities firms, regardless of the company's intentions, it can put the company at risk. Furthermore, it can harm shareholders and, in severe cases, even violate the Securities and Exchange Act's reporting obligations.
Disclosure uses advanced search technology to filter out "junk" news and categorizes it by language, providing thousands of "relevant" news stories related to the company. In other words, it is a tool that enables companies to proactively manage crises caused by news, and it can also be utilized as an optimal tool for establishing global corporate management strategies by investigating trends of overseas competitors in real time.
Warren Buffett, known as the "Oracle of Omaha," once said, "It takes decades to build a reputation, but less than five minutes to destroy it." Furthermore, according to research by the Edelman Group, bad news about a company spreads to 25% of the world within two and a half hours, and the remaining 75% within 24 hours.
Here's why companies need to manage their news crisis.
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With the quantitative growth of digital news, media outlets have become increasingly focused on what news they deliver to consumers and how. While traditional news focused on the productive aspects of content, the recent shift has shifted the focus to "how the news is presented," encompassing classification, editing, and distribution.
Disclosure curates useful data for journalists and helps readers discover trustworthy facts within the vast media space of YouTube.
'Gossip' refers to unconfirmed rumors or gossip about someone's private life. As a noun, it is used to mean content or conversation that is likely to become rumors, like 'gossip material', and as a verb, it means 'to gossip' or 'to talk about others'. '
Disclosure' refers to the act of officially or externally revealing hidden facts. This is usually done for a specific purpose, and is often assumed to be true. Disclosure
does not aim for 'exposure', but strives to raise interest in 'disclosure' through gossip from around the world .
Disclosure tracks global issues and gossip in 40 languages across 190 countries. Disclosure's news big data technology tracks information not exposed by portals or search engines and categorizes and excludes fake news that borders on junk. This news big data technology forms the foundation for producing high-quality articles in AI-powered data journals and digital journalism.
Interested international media outlets and companies are encouraged to contact us.
Email: mail@disclosure.kr