Australia: Financial Sector Assessment Program: Technical Note: Investor Protection, Disclosure, and Financial Literacy
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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. 2006/437
Subject:
Auditing Business enterprises Corporate governance Economic sectors External audit Financial institutions Public financial management (PFM) Securities
English
Publication Date:
December 12, 2006
ISBN/ISSN:
9781451802160/1934-7685
Stock No:
1AUSEA2006008
Pages:
37
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