High disclosure standards are perceived to be the cornerstone of the U.S. securities markets. However. the Securities and Exchange Commission (SEC) prohibits the quantification of unproved reserves by U.S. oil and gas firms (based on the argument that it would mislead unsophisticated individual...

When a company becomes the target of a takeover and seeks to contest the bid it issues a series of documents to shareholders in an attempt to convince them not to accept the offer for their shares. This study examines the defence documents of 31 contested takeovers in the UK during 1988 to...

The contemporary manufacturing environment is characterised by increased worker responsibility coupled with the measurement and reporting of numerous aspects of performance. At shop-floor level much of this performance measurement and reporting is non-financial. This paper reports on a large...

Purpose - This paper investigates and reports on the management accounting practices in the British food and drinks industry. Design/methodology/approach - The data is generated by a large-scale postal questionnaire which was informed by preliminary interviews. Further interviews were carried...