SRPN: Corporate Reporting (Topic)最新文献

{"title":"Saying More with Less? Disclosure Conciseness, Completeness and Balance in Integrated Reports","authors":"G. Melloni, A. Caglio, P. Perego","doi":"10.2139/ssrn.2861056","DOIUrl":"https://doi.org/10.2139/ssrn.2861056","url":null,"abstract":"The Integrated Reporting Framework of 2013 represents the latest international attempt to connect a firm’s financial and sustainability (i.e., environmental, social and governance) performance in one company report. An Integrated Report (IR) should communicate “concisely” about how a firm’s strategy, governance, performance and prospects, in the context of its external environment, lead to the creation of sustainable value. At the same time, an IR needs to be “complete and balanced”, i.e., broadly including all material matters, both positive and negative, in a balanced way. Drawing on impression management studies, we examine a selection of performance determinants to gain insights into the factors associated with conciseness, completeness and balance in IR. The results from a sample of IR early adopters show that in the presence of a firm’s weak financial performance, the IR tends to be significantly longer and less readable (i.e., less concise), and more optimistic (i.e., less balanced). We additionally find that firms with worse social performance provide reports that are foggier (i.e., less concise) and with less information on their sustainability performance (i.e., less complete). Our evidence implies that IR early adopters employ quantity and syntactical reading ease manipulation as well as thematic content and verbal tone manipulation as impression management strategies. The results also suggest that such strategies depend not only on the level of firms’ performance but also on the type of performance (financial versus nonfinancial/sustainability). This paper adds to the limited literature on IR in sustainability accounting as well as to the research in mainstream financial accounting that examines disclosure quality using textual analysis.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116041613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Elite Networks and the Rise of Social Impact Reporting in the UK Social Sector","authors":"Julia Morley","doi":"10.2139/ssrn.2736167","DOIUrl":"https://doi.org/10.2139/ssrn.2736167","url":null,"abstract":"This study analyses the structural factors that led to the emergence of the dominant aspirational norm of ‘social impact reporting’ in the social sector. While the results of this analysis are consistent with the existing literature on professionalisation and governmentality, they offer insights into the specific social structures that have underpinned this shift in norms of best practice. Such social structures have not been addressed in the accounting literature. This paper focuses on explaining how, rather than why, it was possible for this new way of thinking about performance reporting to emerge and be disseminated in the social sector. It finds that the structure of the niche community of social investment professionals and intermediaries was an important driver of this change in perceived best practice (see DiMaggio and Powell, 1983; Abbott, 1988; Hwang and Powell, 2009; Suddaby and Viale, 2011) and was at the heart of the emergence of this norm of performance measurement. Furthermore, the diffusion of this norm to the broader community of social enterprises and charities was enabled by investment flows (Granovetter, 1974; Padgett and Ansell, 1993; Watts and Strogatz, 1998, Strang and Soule, 1998; Padgett and Powell,2013).","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115822260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Effect of Corporate Social Responsibility Disclosures on Share Prices in Japan and the UK","authors":"S. Bowerman, Umesh Sharma","doi":"10.22495/COCV13I2C1P2","DOIUrl":"https://doi.org/10.22495/COCV13I2C1P2","url":null,"abstract":"This paper investigates whether corporate social responsibility disclosure (CSRD) is associated with firms’ market values in order to assess whether CSRD provides incremental value relevant information to investors. A modified Ohlson (1995) model is used, which is a widely accepted equity valuation model in accounting research. The findings suggest that investors in the UK consider CSRD information in the total information set they use for their investment decision-making, whereas Japanese investors do not appear to find that CSRD provides incremental information over and above financial information to assist in their valuations of firms. These findings have implications for investors and regulators, specifically around the control and governance of firms.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134055202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Is Financial Reporting Quality Related to Corporate Social Responsibility Practices? Evidence from Family Firms","authors":"J. Ferrero, Lázaro Rodríguez Ariza, Beatriz Cuadrado-Ballesteros","doi":"10.26595/EAMR.2014.2.1.1","DOIUrl":"https://doi.org/10.26595/EAMR.2014.2.1.1","url":null,"abstract":"The aim of this research is to highlight the relationship between financial reporting quality and corporate social responsibility (CSR) on the family firm sphere. Using a database of 1275 companies for the period 2002–2010 and the GMM estimator of Arellano and Bond (1991) for panel data, our results show that those companies that report high-quality financial statements promote more CSR practices. However, this relationship is weaker in family firms which support the existence of an entrenchment effect that associates greater family ownership with poor-quality information. We argue that family firms differ from non-family regarding the effect of financial reporting quality on the level of CSR practices.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"331 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124664656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Effective Management Accounting: The Place of Reporting, Budgeting & Analysis","authors":"Hameed Gbolahan Soaga","doi":"10.2139/ssrn.2477383","DOIUrl":"https://doi.org/10.2139/ssrn.2477383","url":null,"abstract":"Businesses believe that accounting is for financial reporting and to met statutory needs alone. Most enterprises that have Management Accounting systems do not utilize them effectively. The popular way company directors influence performance is performing postmortem adjustment on financial reports to look healthy. This has contributed to the whining efficiency, filthiness and diminishing popularity of capitalism. Entities waste opportunities to tremendously improve their performance using Management Accounting. Effective Management Accounting will assist enterprise to create value, innovate, promote efficiency and effectiveness in resources utilization to achieve enterprise objectives.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127874263","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Audit Expectation Gap: Fraud Detection and Other Factors","authors":"Ramon Saladrigues, M. Grañó","doi":"10.26595/EAMR.2014.1.1.6","DOIUrl":"https://doi.org/10.26595/EAMR.2014.1.1.6","url":null,"abstract":"Financial information is an essential element in our society and in our economic system, as it plays a decisive role in the relationship between the various social agents. Therefore, this financial information must have a high level of quality, transparency and credibility. The expectation gap is the difference between the responsibility that auditors believe they have in developing their professional activity, and that which the users of the financial information attribute to them. Numerous analysed studies confirm that the audit expectation gap exists. Among the profusion of possible causes, the studies coincide in highlighting fraud detection, independence, erroneous expectations, nature of the audit process and the “going concern” analysis. Once the main factors have been presented, the article takes an in-depth look at one of these factors: the role of the auditor when fraud is detected.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"2014 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117064806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Semiotic Approach to Evaluating the Quality and Veracity of CSR Reporting","authors":"K. Yekini, L. Burrows, Kamil Omoteso","doi":"10.2139/ssrn.2474117","DOIUrl":"https://doi.org/10.2139/ssrn.2474117","url":null,"abstract":"This study employs the use of a linguistic based theory and analytical tool – Semiotics – to investigate the quality and veracity of Corporate Social Responsibility (CSR) as disclosed in annual reports. To do this, the texts of Corporate Community Involvement (CCI) narratives in the annual reports of sampled companies were analysed in order to reveal the reality of the disclosures. The study revealed that signification of reality is either doubtful or unreal for most sampled companies. Consequently, CCI disclosure could be perceived as just another management process which enables companies to signal CSR compliance. As well as the novelty of introducing semiotics into the CSR disclosure literature, this paper presents a unique CSR Semiotic Reality Model capable of guiding corporations in their CSR activities and reporting.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"19 70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116558320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"La Reforma Contable Española de 2007: Un Balance (The 2007 Spanish Accounting Reform: A Reflection)","authors":"J. A. Gonzalo-Angulo","doi":"10.2139/ssrn.2540833","DOIUrl":"https://doi.org/10.2139/ssrn.2540833","url":null,"abstract":"Spanish Abstract: En este trabajo se reflexiona sobre la profunda reforma contable llevada a cabo entre los anos 2001 y 2010 en Espana, cuyo hito mas importante fue la promulgacion del Plan General de Contabilidad revisado en 2007. Los razonamientos se hacen desde el objetivo declarado de hacer converger la normativa espanola con las Normas Internacionales de Informacion Financiera, haciendo un balance del proceso, de las consecuciones y de los problemas que se han planteado en el sistema contable espanol, que ha cambiado fuertemente su orientacion de una manera poco usual para un pais de tradicion continental europea.Como resultado del proceso, se han introducido importantes novedades en la informacion financiera de todas las empresas, que han aceptado modernizarse como una forma de participar en el proceso de internacionalizacion que caracteriza a la economia espanola, de forma que conceptos tales como la clasificacion de los instrumentos financieros, los ajustes en otro resultado integral o la contabilidad del efecto impositivo basada en el enfoque del balance son moneda comun en la practica contable.El cambio, que se gesto de una forma participativa (Libro Blanco de la contabilidad en Espana) ha preservado el instrumento de la normalizacion por excelencia, que es el Plan General de Contabilidad, a la vez que ha consolidado la independencia coordinada de los ambitos contable y fiscal. El trabajo resalta algunas deficiencias del sistema contable espanol, entre las que destaca la poca flexibilidad para posteriores cambios, ya que el Plan General de Contabilidad se concibe como un codigo de reglas interconectadas que admite con dificultad las enmiendas, que por causa del proceso administrativo para su introduccion pueden hacer que los cambios futuros se retrasen, perjudicando el objetivo de acercamiento continuo a las normas internacionales.English Abstract: This article presents some reflections on the in-depth Spanish accounting reform carried out between the years 2001 and 2010, where the more important milestone is the promulgation of the General Accounting Plan revised in 2007. Arguments are made from the stated goal of converging the Spanish standards with International Financial Reporting Standards, making a balanced review of the process, the achievements and the problems that have arisen in the Spanish accounting system, which has greatly changed its orientation in an unusual way for a country of continental Europe accounting tradition. As a result of the process, Spain has introduced huge innovations in the financial reporting of all companies which have agreed to modernize in order to participate in the internationalization process that characterizes the Spanish economy, so that concepts such as the classes of financial instruments, other comprehensive income or the deferred tax accounting based on the balance sheet approach are common accepted in accounting practice. The change, which was developed in a participatory manner (White Pap","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129338185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A Comparative Study of the Money Laundering Laws/Regulations in Nigeria, the United States and the United Kingdom: Reporting Requirements","authors":"Ehi Eric Esoimeme","doi":"10.2139/SSRN.2441086","DOIUrl":"https://doi.org/10.2139/SSRN.2441086","url":null,"abstract":"The Financial Action Task Force (FATF), the independent intergovernmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and financing the proliferation of weapons of mass destruction, advised countries to enact laws that mandate financial institutions and designated nonfinancial businesses and professions (DNFBPs) to file certain reports. These reports are to be filed when a financial institution or DNFBP suspects or has reasonable grounds to suspect that funds are the proceeds of a criminal activity or are related to terrorist financing. Although countries have followed the advice of the FATF, the reporting requirements in different countries are not the same. For example, Nigeria and the United States require financial institutions to file suspicious transaction reports (STRs) and currency transaction reports (CTRs), while countries like the United Kingdom require financial institutions to file only a suspicious activity report (SAR). This paper, therefore, compares the reporting requirements in Nigeria with those of the United States and the United Kingdom. The aim of such comparison is to determine if Nigeria needs to adopt the approach in these countries or if there is no need for reform.This paper briefly highlights the relevant money laundering laws/regulations in Nigeria, the United States and the United Kingdom. It will then compare the reporting requirements in Nigeria with those of the United States and the United Kingdom under five subheadings: ‘What to File’, ‘Where to File’, ‘When to File’, ‘Confidentiality of SARs’ and ‘Penalties’. This paper will later analyse issues that arise from the earlier comparison, with the aim of determining if there is need for reform.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130204350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Voluntary Standards as Enablers and Impediments to Sustainable Consumption","authors":"A. Rasche","doi":"10.2139/ssrn.2402701","DOIUrl":"https://doi.org/10.2139/ssrn.2402701","url":null,"abstract":"This chapter discusses the role of voluntary standards for corporate sustainability and responsibility as enablers of and impediments to sustainable consumption. We start by theoretically reflecting on the notion of standards, discussing different characteristics of this mode of regulation. Next we distinguish different types of standards for corporate sustainability and responsibility. Our subsequent analysis shows that standards enable sustainable consumption by (1) reducing information asymmetries, informing consumers about the social and environmental conditions under which products and services are created, (2) supporting the disclosure of firms’ sustainability-related information (potentially leading to increased consumer loyalty), and (3) further institutionalizing the discourse around sustainable consumption. However, our discussion also emphasizes that voluntary standards can impede sustainable consumption, because (1) the coexistence of a variety of competing initiatives in some sectors (e.g. fair trade coffee) is likely to confuse consumers, (2) consumers may question the credibility of selected standards, since highly public scandals have revealed the limits of auditing and monitoring practices, and (3) while many standards are designed as multi-stakeholder initiatives, only few of them directly involve consumer representatives, leaving the impression that some standards define practices for consumers but not with them.","PeriodicalId":240153,"journal":{"name":"SRPN: Corporate Reporting (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126977446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}