Australia: Financial Sector Assessment Program: Technical Note: Investor Protection, Disclosure, and Financial Literacy

December 12, 2006

Preview Citation

Format: Chicago

Australia: Financial Sector Assessment Program: Technical Note: Investor Protection, Disclosure, and Financial Literacy, (USA: International Monetary Fund, 2006) accessed November 23, 2024

Summary

This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an important element of corporate governance because it promotes compliance and implementation of disclosure and corporate governance obligations. The legislative and regulatory framework in Australia includes disclosure requirements that meet or exceed the requirements that exist in many other countries. Disclosure and transparency are key components of the OECD Principles of Corporate Governance.

Subject: Auditing, Business enterprises, Corporate governance, Economic sectors, External audit, Financial institutions, Public financial management (PFM), Securities

Keywords: ASIC Commissioner, Auditing, Business enterprises, Company auditor, Company governance, Corporate governance, Corporate governance practice, CR, Disclosure obligation, Disclosure requirement, Europe, External audit, Global, Implementation effort, ISCR, Securities

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/437
Stock No:

1AUSEA2006008
ISBN:

9781451802160
ISSN:

1934-7685

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