This study also found that in addition to sampling error, the results are moderated by differences in disclosure index construction, differences in definition of the explanatory variables, and differences in research settings. Large samples of graduate accountants, their employers and academic accountants supplied the data upon which the analysis and discussion are based. European banks show greater reduction in the cost of equity capital from improved disclosures compared to their non-European counterparts. A meta-analysis of 29 studies confirms significant and positive relationships between disclosure levels and corporate size, listing status and leverage. While the greater part of this book is enlightening, its impact is diminished because it is incomplete. The paper supplies illustrations of how Accountancy Mark calculations were performed, and discusses the cost and time disadvantages and reliability issues of the Accountancy Mark system together with linkages to accounting.
Accountancy Marks were shorthand notations for journal entry instructions to record amounts owing to, or amounts owing from other postal authorities. Being the only published Canadian study of its kind, the author had a responsibility to use his knowledge of source documentation and his analytical skills to update the text to include the changes that have taken place since 1970. Proceedings will not be published. Manuscripts must be the work of one author and previously published manuscripts or manuscripts under re¬view are not eligible for consideration. Perceptions of the most important skills for graduates also differ within and between the main stakeholder groups: employers, graduates, students and academics Courtis and Zaid, 2002;Jackling, 2007;Kavanagh and Drennan, 2008; Jackling and De Lange, 2009; Bui and Porter, 2010;Tempone et al.
We might expect, therefore, that good financial performance is associated with a clear and readable Chairman's narrative and poor performance with an obscure or misleading message. Revised papers must be received by October 31 for prior distribution. The book also has a chapter on the evolution of the depre-ciation concept in Canada. Discernible reading ease patterns are shown to be present according to chi-square tests. Examines four issues: temporal change in readability levels, influence of industrial grouping on readability, and the relationship between corporate size or profitability on readability levels. Additional structural equations analyses were performed to consolidate observed independent variables into latent constructs such as sample characteristics and research procedures.
Financial ratios disclosed voluntarily within the annual reports of 101 listed public companies in Hong Kong between 1988—1992 were examined. Journal of Financial Services Marketing. This article offers one of three alternative explanations. The evidence suggests that colour may not possess neutral effects in annual report communication. The same passages from the Chairman's Address in both languages were scored using Flesch and Yang formulas for Hong Kong and Flesch and Yunus formulas for Malaysia. Atkinson, The Choice of Productivity Measures in Organizations: A Field Study of Practice in Seven Canadian Firms A.
Paper presented at the British Accounting Association Conference, Aberystwyth, April. Results show that some colours are associated with more less favourable perception formation and with more less investment allocations. The implication is that firms actively signal good news while obscuring, perhaps deliberately, messages which convey bad news. Visual rhetoric is present within annual reports. In short, there is not persuasive evidence that annual report redundant voluntary disclosure is a problem requiring intervention by professional accounting or regulatory authorities.
This study employs separate measures of the readability and the understandability of the chairman's narrative and finds them to be significantly related to overall financial performance and individual measures of performance, most notably liquidity. Gender differences also were examined with some positive results. No significant association is found between corporate profitability or size of audit firm, with aggregate disclosure levels. Such inclusions would have significantly updated, enlivened and enriched this scholarly book. Taken overall, the results suggest that different language ver sions could produce different reading behaviour and may have resource allocation decision-making implications. Results of this study support the role of sample size, researcher intervention, and method of returning questionnaire as important predictors of response rate.
Creativity in developing these new corporate disclosures needs to be encouraged by professional and regulatory authorities for a generous period of time and within a litigation-exempt environment. The obfuscation was accepted for companies with high financial press coverage. The award will be given annually unless the manuscript award committee determines that no submission has been received that warrants recognition as an outstanding manuscript. This is a new and more rigorous approach to the detection of obfuscation. It was found that redundancy occurred 390 times, or 4. Problems also occur contemporaneously from non—employer sources.