一个警示性警告——小公司对投资者的指导有限:fin48相关议题11证明。微市值公司内部的信息披露

Q4 Economics, Econometrics and Finance

International Journal of Accounting, Auditing and Performance Evaluation Pub Date : 2015-05-12 DOI:10.1504/IJAAPE.2015.068863

Linda Campbell, M. Pitman

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引用次数: 0

摘要

本研究的目的是评估206家微型公司在实施FIN 48时，与SAB 74(编纂为SAB Topic 11.M)要求的投资者指导相关的因素。总体而言，逻辑回归结果支持这样一种预期，即行业从属关系是在采用FIN 48之前提供可靠的投资者指导的存在(或不存在)的重要预测因素。另一方面，开放纳税年度的数量和多州所得税报告的义务在统计上并不是显著的预测因素。拥有一个内部税务部门在fin48相关主题11中起着重要的预测作用。M投资者指导。公司治理在这一预测中具有中等显著性。这些信息可以为税务和证券交易委员会监管机构、投资者、经理和其他利益相关方提供洞察可能面临的问题，因为财务报告领域遇到了其他重大变化。

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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A cautionary alert - limited investors' guidance by small companies: as evidenced by FIN 48 related Topic 11.M disclosures within micro cap firms

The purpose of this study is to assess the factors associated with investor guidance required by SAB 74 (codified as SAB Topic 11.M) by 206 micro cap firms as they implement FIN 48. Logistic regression results support, overall, the expectation that industry affiliation is a significant predictor of the presence (or absence) of reliable investor guidance provided prior to FIN 48 adoption. On the other hand, the number of open tax years and the obligation of multi-state income tax reporting are not statistically significant predictors. Having an in-house tax department plays a significant role as a predictor of FIN 48 related Topic 11.M investor guidance. Corporate governance was found to be moderately significant in this prediction. This information may provide tax and SEC regulators, investors, managers and other interested parties with insight into possible issues micro caps may face as other major changes to the financial reporting arena are encountered.

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来源期刊

International Journal of Accounting, Auditing and Performance Evaluation Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量

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.