Response to the following problem:
Below the website addresses for stock exchanges in selected developed countries as well as selected emerging market countries:
London (stockex-co-uk)
Tokyo (yse-or-jp)
Prague (pse-cz)
Mexico(bmv-com-mx)
Questions:
1. Which exchanges are in developed countries? Which exchanges are in emerging market countries?
2. List the disclosure requirements for each exchange for the following items:
a) Segment disclosures
b) Financial forecast information
c) Information about shareholders and shares
d) Value added statement
e) Employee disclosures
f) Environmental disclosures
3. What differences in disclosure requirements do you see across the four exchanges?
4. Which stock exchange makes you feel most comfortable as a prospective investor? WHY?