Journal ArticleDOI
The influence of company characteristics and accounting regulation on information disclosed by Spanish firms
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TLDR
In this paper, the influence of market pressures and pressure from regulatory bodies on information disclosure by Spanish firms is analyzed. But the authors do not consider the impact of positive accounting theory on the disclosure of information.Abstract:
Accounting information is subject to two different influences: market pressures and pressure from regulatory bodies. This paper provides an empirical analysis of the influence of both these forces on information disclosure by Spanish firms. To test hypotheses concerning the influence of regulation, annual reports of three different years for 49 companies have been analysed. Given that new Spanish accounting rules have been in force since 1990, annual accounts of a sample of quoted companies have been analysed for the period 1989–1991. In order to consider the influence of positive accounting theory, several characteristics relating to company attributes were selected and tested empirically for the sample of 49 companies. The information disclosed by the sample companies was measured through an information index, based on a list of 50 items of information, and it was regressed on the variables related to company characteristics. The influence of regulation was analysed through a panel data analysis includi...read more
Citations
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Corporate Social Responsibility (CSR) Revisited: The Case of International Shipping
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Firms’ Disclosure Compliance with IASB's Management Commentary Framework: An Empirical Investigation
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Information disclosure prediction using a combined rough set theory and random forests approach
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TL;DR: The results show that the proposed model provides better prediction results and corporate governance does provide valuable information in information disclosure prediction model.
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