Journal ArticleDOI
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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Journal ArticleDOI
The extent of compliance with FRS 101 standard: Malaysian evidence
TL;DR: In this paper, the authors investigate Malaysian companies' compliance with FRS 101, presentedation of financial statements, and find that the overall disclosure compliance is high (92.5 per cent) and only firm size is positively associated with the degree of compliance.
Journal ArticleDOI
Comprehensiveness of internet reporting by Caribbean companies
TL;DR: In this paper, the comprehensiveness and determinants of internet reporting by publicly listed Caribbean companies were examined by examining the relationship between firm characteristics (size, industry affiliation, listing status, and CEO role duality).
Book ChapterDOI
Corporate Governance and Corporate Social Responsibility (CSR) Disclosure: The Moderating Role of Cultural Values
TL;DR: In this article, the authors examined the relationship between corporate governance characteristics and CSR disclosure and investigated the influence of cultural values (Board's Culture Domination) on CSR reporting in Malaysia.
Journal ArticleDOI
Sustainable Development Reporting: Evidence from Thailand
TL;DR: In this paper, the extent of sustainable development reporting in the 2005-2012 annual reports of listed companies in the Stock Exchange of Thailand (SET) and to determine the relationships between corporate characteristics and the level of SD reporting were investigated.
Journal ArticleDOI
Board of directors characteristics and disclosure practices of corporate social responsibility: a comparative study between Brazilian and Spanish companies
TL;DR: In this article, the characteristics of the board of directors (BD) affects the disclosure practices of corporate social responsibility (CSR) in Brazilian listed companies and Spanish companies, using two different population samples from the period 2008-2011.
References
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Journal ArticleDOI
Theory of the firm: Managerial behavior, agency costs and ownership structure
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Journal ArticleDOI
The Market for “Lemons”: Quality Uncertainty and the Market Mechanism
TL;DR: In this paper, the authors present a struggling attempt to give structure to the statement: "Business in under-developed countries is difficult"; in particular, a structure is given for determining the economic costs of dishonesty.
Journal ArticleDOI
Job Market Signaling
TL;DR: In this paper, the authors present a model in which signaling is implicitly defined and explains its usefulness, in which the employer is not sure of the productive capabilities of an individual at the time he/she hires him.
Book
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
Auditor size and audit quality
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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