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Dáil Éireann debate -
Tuesday, 1 Mar 1966

Vol. 221 No. 4

Ceisteanna—Questions. Oral Answers. - Company Reports.

68.

asked the Minister for Industry and Commerce if he will consider the introduction of new legislation to ensure that companies in their annual reports disclose such items as true earnings, performance of subsidiaries, executive compensation, method of evaluating assets and total sales.

A major overhaul of our company law was carried out as recently as 1963 and it is, I think, too soon yet to start thinking of amending legislation. It would be my intention, of course, to make, in due time, whatever changes are by experience demonstrated to be necessary.

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