Segmental reporting, accounting enforcement, and analyst forecast dispersion in the European Union

IF 3.3 Q1 BUSINESS, FINANCE

Journal of International Accounting Auditing and Taxation Pub Date : 2023-10-17 DOI:10.1016/j.intaccaudtax.2023.100583

Ahmed Aboud

引用次数: 0

Abstract

This paper investigates the relationship between segmental reporting and analyst forecast dispersion in the largest European Union firms. It also addresses how the adoption of International Financial Reporting Standard 8 (IFRS8) and the strength of country-level enforcement affect this relationship. I find a positive relationship between segmental reporting and analyst forecast dispersion. However, the results of sub-sample analyses reveal a negative relationship between segmental reporting and analyst forecast dispersion in countries with strong enforcement systems. Furthermore, this paper documents that the positive relationship between segmental reporting and analyst forecast dispersion is pronounced only in the Pre-IFRS8 period. These findings suggest that country-level enforcement compensates for lower segmental reporting quality, and the adoption of IFRS8 improves the quality of segmental reporting.

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分部报告，会计执行，和分析师预测分散在欧盟

本文研究了欧盟最大的公司分部报告和分析师预测偏差之间的关系。它还讨论了采用国际财务报告准则第8号(IFRS8)和国家一级执法力度如何影响这种关系。我发现分部报告和分析师预测离散度之间存在正相关关系。然而，子样本分析的结果显示，在拥有强大执法系统的国家，分部报告与分析师预测分散之间存在负相关关系。此外，本文证明分部报告和分析师预测离散度之间的积极关系仅在ifrs8之前的时期才显着。这些发现表明，国家层面的执法弥补了较低的分段报告质量，采用IFRS8提高了分段报告的质量。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Accounting Auditing and Taxation BUSINESS, FINANCE-

CiteScore

4.50

自引率

3.80%

发文量

期刊介绍： The Journal of International Accounting, Auditing and Taxation publishes articles which deal with most areas of international accounting including auditing, taxation and management accounting. The journal''s goal is to bridge the gap between academic researchers and practitioners by publishing papers that are relevant to the development of the field of accounting. Submissions are expected to make a contribution to the accounting literature, including as appropriate the international accounting literature typically found in JIAAT and other primary US-based international accounting journals as well as in leading European accounting journals. Applied research findings, critiques of current accounting practices and the measurement of their effects on business decisions, general purpose solutions to problems through models, and essays on world affairs which affect accounting practice are all within the scope of the journal.