Negative Tone in Lobbying the International Accounting Standards Board

IF 2 Q2 BUSINESS, FINANCE

International Journal of Accounting Pub Date : 2019-09-01 DOI:10.1142/S1094406019500100

Karin Shields, I. Clacher, Qi Zhang

引用次数: 5

Abstract

With the aid of computerized sentiment analysis, this paper analyzes the role of constituents’ comment letters in the process of setting international financial reporting standards for financial instruments. Whilst explicit agreement in comment letters is associated with the board’s decision to proceed with its proposed course of action, we find no consistent evidence that explicitly stated disagreement has an impact on the resulting accounting standard. Using context-specific dictionaries, we find that increased levels of negative tone in comment letters increase the probability of the board subsequently abandoning a proposed course of action. Capturing dissent through negative tone facilitates large-scale analysis, and we show that the financial industry has been less successful than other constituents in its lobbying efforts through comment letters.

查看原文本刊更多论文

游说国际会计准则理事会的负面语气

本文借助计算机情感分析，分析了主体意见信在金融工具国际财务报告准则制定过程中的作用。虽然评论信中的明确一致意见与董事会决定继续其拟议的行动方案有关，但我们发现没有一致的证据表明明确声明的分歧对最终的会计准则有影响。使用上下文特定词典，我们发现评论信中负面语气的增加增加了董事会随后放弃拟议行动方案的可能性。通过负面语气捕捉异议有助于大规模分析，我们表明，金融业在通过评论信进行游说方面不如其他成分成功。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Accounting BUSINESS, FINANCE-

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The aim of The International Journal of Accounting is to advance the academic and professional understanding of accounting theory, policies and practice from the international perspective and viewpoint. The Journal editorial recognizes that international accounting is influenced by a variety of forces, e.g., governmental, political and economic. Thus, the primary criterion for manuscript evaluation is the incremental contribution to international accounting literature and the forces that impact the field. The Journal aims at understanding the present and potential ability of accounting to aid in analyzing and interpreting international economic transactions and the economic consequences of such reporting. These transactions may be within a profit or non-profit environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions in an increasingly interdependent global economy. The Journal also welcomes manuscripts that help explain current international accounting practices, with related theoretical justifications, and identify criticisms of current policies and practice. Other than occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process.