As investors, the company explained, the physicians would share in the hospital's financial risks and rewards.

"I always demand that the company explain my consulting role to the other employees; it helps," he writes.

Three of the company's top executives have since resigned, though the company did not explain what happened in detail.

In a conference call, the companies also explained how they planned to save $400 million a year through cost savings.

Unfortunately, the company has not yet met with us to discuss the many resources we have available and have explained to them.

The company did not explain the reason for the early release in its earnings call with analysts.

For reasons the company cannot explain, none of this caused a problem until the e-mail started flying last month.

The company, however, explained that the issue was no longer one of inducements to stay but the vanished market.

The company did not explain the reasons for the cost overrun.

Some (although at present very few) companies also explain the responsibilities and work of their audit committees.