Companies face increasing risk with rising shareholder claims for breaches of the continuous disclosure laws. Reports in the Australian Financial Review (“New funders challenge the majors”, 28 February 2014) point to growth in funding and potential for such claims. 

Company Disclosure in Australia provides readers with a detailed outline of listed company disclosure law and practice. It focuses on periodic and continuous disclosure, with all listed companies are subject to these rules and most public corporate information is provided under these regimes.
 
North covers regulation prohibiting insider trading, selective disclosure, and misleading or deceptive conduct, as these rules support the periodic and continuous disclosure regimes. As most of Australia’s national savings are encompassed within the compulsory superannuation scheme and a large portion of the savings pool invested in Australian corporate securities, nearly every Australian has a stake in listed Australian companies.

Company Disclosure in Australia encourages practitioners and students with legal, securities, accounting or finance backgrounds to consider the efficacy of the individual disclosure and misconduct regimes and the integrated disclosure framework from a broad perspective. It also highlights the need for broad, well-informed debate, supporting a case for review and reform of the company disclosure framework on a comprehensive basis. 

 

 

Part 1 – Introduction

Chap 1 – Overview of company disclosure

Part 2 – Company Disclosure: Key Concepts

Chap 2 – Overview of concepts

Chap 3 – Efficiency

Chap 4 – Rationality

Chap 5 – Fairness

Part 3 – Australian Company Disclosure Regulation

Chap 6 – Regulatory mechanisms

Chap 7 – Periodic disclosure

Chap 8 – Continuous disclosure

Chap 9 – Management discussion and analysis

Chap 10 – Misleading and deceptive conduct

Chap 11 – Insider trading

Chap 12 – Selective disclosure

Chap 13 – The disclosure framework

Part 4 – Company Disclosure in Practice

Chap 14 – Efficacy of disclosure practices

Chap 15 – Company reporting and communications

Chap 16 – Company briefings

Part 5 – Australian Equity Market and Regulatory Structures

Chap 17 – Efficacy of regulatory structures

Chap 18 – The co-regulatory model

Chap 19 – The multi-operator model

Part 6 – Effectiveness of Policy

Chap 20 – Conclusion

Product Reviews

• (2014) 34 Qld Lawyer 80 [PDF 41857]