The Name of the School
Research Question Has the introduction in Australia of a continuous statutory-backed disclosure policy and subsequent amendments led to an increase in reporting of economic events experienced by firms? This is to verify that the legislation has relevance for firms.
Relationship of Proposed Study to Prior Research
The implementation of Australia's statutory-backed continuous disclosure policy is meant to make corporate behavior more transparent to stockholders. Under the disclosure regime, an Australian Stock Exchange-listed issuer is required to release material information about the company as soon as it becomes aware of it. The Australian Stock Exchange takes firsthand responsibility for regulating and monitoring itself. Statutory sanctions provide a regime ...