Course Description
This subject exposes students to contemporary issues in financial reporting and corporate disclosures, with particular emphasis on cross-country comparisons of regulatory frameworks, the role of information intermediation, external monitoring by investors, and disclosure regulations. The primary objectives of the subject are to provide students with an indepth understanding of voluntary and mandatory financial reporting and corporate disclosures; and the link between disclosures and the capital markets, as well as with the institutional and legal environments of the economy.
Intended Learning Outcomes
CILO-1: Acquire a detailed and critical knowledge of the contemporary issues over the capital market and the economic consequences of the quality of financial reporting policies and choices.
CILO-2: Critically analyze the impacts of voluntary and mandatory corporate disclosures on the economic, institutional and legal environment.
CILO-3: Develop well-designed original research on current issues relating to financial reporting and the capital markets of equity and debts.