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The influence of company characteristics and accounting regulation on information disclosed by Spanish firms
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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 e-disclosure determinants: Evidence from the Brazilian market
TL;DR: In this paper, the authors verify the existence of associations between characteristics of the firm and their voluntary readiness to disclose relevant corporate information using their corporate website, and find that larger companies tend to provide more financial and corporate governance information of interest to the market.
Journal ArticleDOI
Firms' compliance with the disclosure requirements of IFRS for goodwill impairment testing: Effect of the global financial crisis and other firm characteristics
TL;DR: In this paper, the impact of the 2008-2009 global financial crisis (GFC) on Australian firms' compliance with IFRS 36/AASB 136 for goodwill impairment testing was examined.
Journal ArticleDOI
Signaling strategies in annual reports: Evidence from the disclosure of performance indicators
TL;DR: In this article, the authors focus on a specific piece of incremental information and study the signaling strategies in annual reports by analyzing the disclosure of performance indicators that provide incremental information, and find that the number of indicators published is positively related to firm profitability.
Journal ArticleDOI
Tone disclosure and financial performance: evidence from Egypt
TL;DR: In this article, the authors examined to what extent financial performance (FP) represents one of the main determinants for tone disclosure in Egyptian annual reports and measured the bidirectional relationship between tone disclosure and FP.
Posted Content
Adoption of International Financial Reporting Standards (IFRS) in Ghana and the Quality of Financial Statement Disclosures
TL;DR: In this paper, the authors investigated the quality of financial reports before and after adopting IFRS in Ghana, and also the influence of firm-specific characteristics which include firm size, profitability, debt equity ratio, liquidity and audit firm size.
References
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Journal ArticleDOI
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The Market for “Lemons”: Quality Uncertainty and the Market Mechanism
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Job Market Signaling
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Analysis of Panel Data
TL;DR: In this paper, the authors propose a homogeneity test for linear regression models (analysis of covariance) and show that linear regression with variable intercepts is more consistent than simple regression with simple intercepts.
Journal ArticleDOI
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TL;DR: In this paper, the authors argue that audit quality is not independent of audit firm size, even when auditors initially possess identical technological capabilities, and when incumbent auditors earn client-specific quasi-rents, auditors with a greater number of clients have more to lose by failing to report a discovered breach in a particular client's records.
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