case study-The objective of this task is to demonstrate the effect of releasing accounting information on the valuation (i.e. share price) of an Australian-listed company.

The objective of this task is to demonstrate the effect of releasing accounting information on the valuation (i.e. share price) of an Australian-listed company. The project has three educational objectives: i. To demonstrate that, in some cases, accounting-related information has an impact on investor behaviour via the share prices (or returns, which are changes in share price). ii. To show how we have to control for the effects of other factors when trying to assess causal relationships. In this case, movements in the market must be controlled for in order to see the real effect of a company profit announcement on the share price of the company. iii. To encourage initiative, inquisitiveness and the development of basic financial statement analysis skills as students investigate company-specific factors behind the economic performance being announced by the company.