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

Author/Editor:

International Monetary Fund

Publication Date:

December 12, 2006

Electronic Access:

Free Full Text (PDF file size is 527 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 06/437

Subject:

English

Publication Date:

December 12, 2006

ISBN/ISSN:

9781451802160/1934-7685

Stock No:

1AUSEA2006008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

37

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