Accounting standards for external segment reporting purposes stipulate aggregation of information in line with the internal structure of the firm. This method of segment reporting is referred to as the "management approach." In this paper, we analyze the optimal disclosure of proprietary...

This paper examines the benefits of adopting International Financial Reporting Standards (IFRS) by Indian entities and further examines the effect of adoption of IFRS on companies' segment reporting as compared to segment reporting under Indian GAAP (IGAAP). It studies the impact of adoption of...

We use confidential, U.S. Census Bureau, plant-level data to investigate aggregation in external reporting. We compare firms' plant-level data to their published segment reports, conducting our tests by grouping a firm's plants that share the same four-digit SIC code into a “pseudo-segment.”...