The use of accounting to combat corruption in Canada\u2019s extractive sector will be at the centre of this week\u2019s Goodman Luncheon Speaker Series talk.<\/p>\n
During the webinar, held Friday, Nov. 13, Michelle Lau, Assistant Professor of Accounting at Brock\u2019s Goodman School of Business, will discuss Canada\u2019s Extractive Sector Transparency Measures Act (ESTMA), which was implemented to increase transparency by mandating public disclosure of financial information.<\/p>\n
Lau will present her ongoing co-authored research about Canada\u2019s role in the extractive sector in her presentation \u201cExtractive Sector Stakeholders\u2019 Perspectives of ESTMA: Can Accounting Combat Corruption?\u201d<\/p>\n
\u201cCanada is a world leader\u00a0in the extractive sector, which has been plagued by alleged human rights and environmental abuses,\u201d Lau said. \u201cBeing a major player in the industry, Canada has the opportunity to lead the charge in reducing social conflict and environment abuse stemming from corruption.<\/p>\n
\u201cOur research suggests stakeholders in Canada believe ESTMA has improved transparency and has had a positive effect on the reputation of Canadian firms in the extractive sector, with minimal costs added to conducting business.\u201d<\/p>\n
The webinar presentation will take place Friday, Nov. 13 from 12:30 to 2 p.m. via Lifesize<\/a>.<\/p>\n