Buy custom Corporate Governance in East Asia
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2303 |
Essay's paper body
To assist in this the Financial Supervisory Service introduced new standards on reporting. ?§The objective of accounting disclosure is to provide investors with an adequate level of information to make investment decisions?? (Chan and Cheung, 2004:23). However for the major conglomerates the problem seems more difficult as investments spread over multiple sectors, thus heightening the importance of information disclosure...
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However for the major conglomerates the problem seems more difficult as investments spread over multiple sectors, thus heightening the importance of information disclosure. Korean accounting standards still need to be strongly reinforced as almost 50 per cent of listed companies do not confer with international accounting standards when reporting (EAU, 2002:57)...
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General points of the essay
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