Purpose – The purpose of this study is to examine the usefulness of pre‐production cash expenditure forecasts issued by Australian mining explorers in their quarterly cash‐flow reports. Design/methodology/approach – Usefulness is determined by examining compliance and the reliability of...

Purpose – The purpose of this study is to examine the usefulness of pre-production cash expenditure forecasts issued by Australian mining explorers in their quarterly cash-flow reports. Design/methodology/approach – Usefulness is determined by examining compliance and the reliability of...

Since the introduction of a statutory‐backed continuous disclosure regime (CDR) in 1994, regulatory reforms have significantly increased litigation risk in Australia for failure to disclose material information or for false and misleading disclosure. However, there is almost no empirical...

Purpose – This paper aims to investigate associations between related party transactions (RPTs) and governance and performance factors of new economy firms. Design/methodology/approach – Previous research has examined the RPTs of large US firms. In contrast, the authors focus on smaller,...

Purpose – This paper aims to investigate associations between related party transactions (RPTs) and governance and performance factors of new economy firms. Design/methodology/approach – Previous research has examined the RPTs of large US firms. In contrast, the authors focus on smaller,...

Purpose – The purpose of this paper is to jointly assess the impact of regulatory reform for corporate fundraising in Australia ( CLERP Act 1999) and the relaxation of ASX admission rules in 1999, on the accuracy of management earnings forecasts in initial public offer (IPO) prospectuses. The...