Use of Prospectuses by Investors and Professional Advisers
90 Pages Posted: 10 Jun 2004
This study reports the results of a survey of Australian investors and their professional advisers on how they use prospectuses and the utility of prospectuses. Information is obtained in relation to prospectuses for managed funds and direct share investments and includes (a) the most popular source of information for investment decisions, (b) views on the utility of prospectuses, and (c) how often trading is undertaken.
Keywords: prospectuses, disclosure
JEL Classification: G23, K22
Suggested Citation: Suggested Citation