Companies Are Grappling With How to Report Coronavirus Risks

Companies Are Grappling With How to Report Coronavirus Risks

February 26, 2020, The Wall Street Journal

David Martin is quoted in The Wall Street Journal regarding the information companies are sharing with the public about how its managing its supply chain in response to coronavirus. Deciding what to disclose depends on what companies view as financially material. In the case of coronavirus outbreak risks, a big part of that calculation so far has involved looking at a company’s business ties in China, where the outbreak began. According to Mr. Martin, another important factor is the type of insurance coverage that companies have to cover business disruptions.