What is it about?
Australian listed companies are required to continuously disclose price sensitive information to the Australian Securities Exchange - referred to as Continuous Disclosure (CD). This paper investigates the processes and systems companies use to manage their CD obligations and how managers make CD decisions.
Why is it important?
The findings indicate various internal and external factors impact the CD decision making process. The importance and weight of these factors is contingent on company characteristics. Large companies tend to rely on formal processes whereas small to medium size companies tend to rely on informal processes. Managers face multiple issues in managing CD.
The following have contributed to this page: Dr Diane M Mayorga
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