欧洲在线财务报告的使用及其决定因素:对上市公司的实证调查

Q4 Economics, Econometrics and Finance
Hendrik Pieper, Philipp Ottenstein, Henning Zülch
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引用次数: 0

摘要

欧盟委员会发布了欧洲单一电子格式(ESEF)监管法案,强制欧洲上市公司采用XBRL和超文本标记语言(HTML)。先前的定量和定性研究的结果已经证明,自愿使用html格式的金融信息在互联网上的传播越来越多,并揭示了它所带来的好处。然而,根据国际财务报告准则自愿以HTML格式发布的标准化财务报告(称为在线财务报告(OFR))的决定因素缺乏经验证据。我们研究了2014年至2019年欧洲上市公司公布OFR决策的决定因素。我们发现使用OFR的决定受到公司杠杆和所有权集中度的不利影响。我们的发现有助于正在进行的互联网财务报告研究,旨在提高我们对国际背景下决定OFR使用的因素的理解。我们的研究结果可能对上市公司的信息披露策略具有实际意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The use and determinants of online financial reports in Europe: an empirical investigation of listed firms
The European Commission published the European Single Electronic Format (ESEF) regulation act for mandatory adoption of XBRL and hypertext markup language (HTML) usage by European listed firms. The results of prior quantitative and qualitative studies already evidence the growing dissemination of voluntary HTML-formatted financial information on the internet and reveal its perceived benefits. However, there is a lack of empirical evidence on the determinants of standardised financial reports in accordance with IFRS that are voluntarily published in HTML format, called online financial reports (OFR). We investigate the determinants of the decision of European listed firms to publish OFR from 2014 to 2019. We find that the decision of using an OFR is adversely affected by firm leverage and ownership concentration. Our findings contribute to the ongoing research on internet financial reporting and aim to improve our understanding of what determines OFR usage in an international context. Our findings may have practical implications for the disclosure strategy of listed firms.
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来源期刊
CiteScore
0.70
自引率
0.00%
发文量
7
期刊介绍: IJAAPE publishes original scholarly papers across the whole spectrum of: financial accounting, managerial accounting, accounting education, auditing, taxation, public sector accounting, capital market and accounting, accounting information systems, performance evaluation, corporate governance, ethics, and financial management. All methodologies, such as analytical, empirical, behavioural, surveys, and case studies are welcome. IJAAPE encourages contributions especially from emerging markets and economies in transition and studies whose results are applicable across nation states or capable of being adapted to the different accounting and business environments.
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