U.S.firms such as AFLAC typically protect themselves against competitors by including in their annual corporate reports only that which is required by the Security and Exchange Commission.

Question

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U.S. firms, including AFLAC, often go beyond what is required by the Securities and Exchange Commission in their annual corporate reports to provide more comprehensive information to investors, aiming to present themselves in a positive light and maintain competitive advantage.

USfirms Such as AFLAC Typically Protect Themselves Against Competitors by Including