Showing 1 - 10 of 12
The latest controversy to emerge in Australia’s ever-changing superannuation system is the failure of the proposed ‘member choice of fund’ legislation. While superannuation choice continues to be widely supported, the debate lacks coherent policy direction. This paper addresses the policy...
Persistent link: https://www.econbiz.de/10009437503
This paper reports findings from an ongoing collaborative research project with the Financial Services Council (FSC), which contributed funding and facilitated the survey of financial planners’ clients through FSC member organisations. The article draws on the report to the FSC that was...
Persistent link: https://www.econbiz.de/10009438297
For annual reporting periods beginning on or after 1 January 2005, Australian companies were required to comply with the Australian equivalents of International Financial Reporting Standards (AIFRS). To ensure a smooth transition, a broadly defined standard (AASB 1047) mandated pre-adoption...
Persistent link: https://www.econbiz.de/10009483277
This paper investigates associations between related party transactions (RPTs) and governance and performance factors of new economy firms. Previous research has examined the related party transactions of large U.S. firms. In contrast, we focus on smaller, newly listed Australian firms. Referred...
Persistent link: https://www.econbiz.de/10009483278
The global move towards choice is founded on the traditional economic assumption that well informed economic agents act rationally to maximise their self-interests. Investment choice enables superannuation fund members to select their optimal investment portfolio that matches their risk and...
Persistent link: https://www.econbiz.de/10009483332
The Australian accounting standard AAS 25 Financial Reporting by Superannuation Plans was the first pension accounting standard internationally to apply established conceptual framework (CF) principles. In Australia those principles have guided standard setting for more than a decade. However,...
Persistent link: https://www.econbiz.de/10009483333
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...
Persistent link: https://www.econbiz.de/10009483341
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...
Persistent link: https://www.econbiz.de/10009483366
The recent decline in funding levels of defined benefit pension plans (DBPs) has attracted the attention of regulators in Australia and other jurisdictions. In light of such scrutiny, this study provides timely empirical evidence of the economic and regulatory implications of the recent change...
Persistent link: https://www.econbiz.de/10009483421
We examine the relation between pre-SEO announcement date misvaluation and long-run post-SEO performance for a large sample of Australian seasoned equity offerings (SEO) made between 1993 and 2001. Our study is motivated by inconsistent findings across countries with respect to the SEO long-run...
Persistent link: https://www.econbiz.de/10009483438