Sunday, January 16, 2005

Quality Of Corporate And Financial Reporting In Asia-Pacific Rated As Average But Improving

CFA Centre for Financial Market Integrity Presents Results of 2004 Survey on Asia-Pacific Corporate and Financial Disclosure

HONG KONG – January 11, 2005 – The quality of corporate information disclosed by listed companies in the Asia-Pacific region is improving, according to the results of the CFA Centre for Financial Market Integrity 2004 Asia-Pacific Corporate and Financial Disclosure Survey.

The results, which were released today, show that the majority of the portfolio managers, investment analysts, credit analysts and investment advisors polled believe that the overall quality of disclosure as either “average” (49%) or “good” (35%). 84% of the respondents thought that the quality of disclosed information in the region had improved either “a lot” or “some” during the past three years.

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