金融危机中的风险报告:两个国家的故事

IF 4.3 Q2 MANAGEMENT

International Journal of Accounting and Information Management Pub Date : 2020-10-16 DOI:10.1108/ijaim-03-2020-0034

Kaouthar Lajili, M. Dobler, Daniel Zéghal, Michael Bryan

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引用次数: 2

摘要

本文旨在研究2008年金融危机前后加拿大和德国两种不同制度和监管背景下风险报告的属性和信息内容。设计/方法/方法本研究以2006-2010年的制造业公司为样本，对年度报告进行了详细的内容分析，以评估和比较风险披露的数量和模式。使用面板回归来探讨风险披露与公司风险代理和绩效指标之间的关系。在样本期内，加拿大和德国公司增加了数量，但基本上保持了风险披露的模式。风险披露与公司风险代理有关，但不能为评估公司业绩提供增量信息。原创性/价值本文为风险报告的研究提供了详细的跨国证据，特别是由重大风险形成的时期。研究结果对风险报告的监管和有效性具有启示意义。

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Risk reporting in financial crises: a tale of two countries

Purpose This paper aims to investigate the attributes and information content of risk reporting in two different institutional and regulatory, namely, Canadian and German, settings during the period surrounding the financial crisis of 2008. Design/methodology/approach For a matched sample of manufacturing firms in the period 2006–2010, this study conducts a detailed content analysis of annual reports to assess and compare the volume and patterns of risk disclosures. Panel regressions are used to explore how risk disclosures related to corporate risk proxies and performance indicators. Findings Over the sample period, Canadian and German firms increase the volume but largely maintain the patterns of risk disclosures. Risk disclosures relate to corporate risk proxies but are not incrementally informative to assess firm performance. Originality/value The paper contributes to research on risk reporting by providing detailed cross-country evidence for a period particularly shaped by significant risk. The findings have implications for the regulation and usefulness of risk reporting.

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来源期刊

International Journal of Accounting and Information Management MANAGEMENT-

CiteScore

7.90

自引率

3.00%

发文量

期刊介绍： The International Journal of Accounting & Information Management focuses on publishing research in accounting, finance, and information management. It specifically emphasizes the interaction between these research areas on an international scale and within both the private and public sectors. The aim of the journal is to bridge the knowledge gap between researchers and practitioners by covering various issues that arise in the field. These include information systems, accounting information management, innovation and technology in accounting, accounting standards and reporting, and capital market efficiency.