Does market misvaluation help explain share market long-run underperformance following a seasoned equity issue?
Article Abstract:
Research indicates that misvaluation and underperformance have stronger impacts on private placements than they do on rights issues in Australian pre-seasoned equity offerings. Placement firms' poor performance can be attributed to the greater number of small, loss-making companies among private placement issuers, among other factors.
Publication Name: Accounting and Finance
Subject: Business
ISSN: 0810-5391
Year: 2006
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Forgotten funds: One implication of the Superannuation Guarantee system is a pile of inactive accounts that are of virtually no use to anyone-except the government
Article Abstract:
The Superannuation Guarantee system in Australia has resulted in many inactive accounts, which are not useful to anybody except the government. The government could use these unclaimed accounts to combat the costs of their existing retirement safety net for the disadvantaged, which is not funded.
Publication Name: CA Charter
Subject: Business
ISSN: 1446-4543
Year: 2003
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The unpalatable truth
Article Abstract:
The Australian superannuation industry is described as structurally corrupt by a number of investors. The resolution of the structural corruption problem is to ban the payment of commissions by superannuation providers.
Publication Name: CA Charter
Subject: Business
ISSN: 1446-4543
Year: 2003
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