Disclosure of proxy voting information by Australian managed investment schemes
Data(s) |
2005
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Resumo |
The US Securities and Exchange Comission requires registered management investment companies to disclose how they vote proxies relating to portfolio securities they hold. The primary purpose of this rule is to enable fund investors to monitor the role of institutional shareholders in the corporate governance practices of public companies. In Australia, despite reform proposals, there are no regulations requiring institutional investors to report proxy voting procedures and practises. There is little evidence of voluntary disclosure of proxy voting by Australian managed investment schemes in equities, indicating that there are costs involved in such disclosure. |
Identificador | |
Publicador |
Wiley-Blackwell Publishing Asia |
Relação |
DOI:10.1111/j.1835-2561.2005.tb00306.x Chapple, Larelle June & Cheung, Ernest (2005) Disclosure of proxy voting information by Australian managed investment schemes. Australian Accounting Review, 15(37), pp. 75-83. |
Fonte |
QUT Business School; School of Accountancy |
Palavras-Chave | #150100 ACCOUNTING AUDITING AND ACCOUNTABILITY |
Tipo |
Journal Article |