This paper investigates causal relationships between planning and performance utilizing a longitudinal database with responses from the same 2,956 businesses over a four-year period. Results confirm the association between planning activity and performance that is evident in most extant...

Research suggests that where preparers have discretion in reporting, they will report in a self-serving way, both in mandated and voluntary disclosures. This study investigates the self-serving behaviour of preparers of annual reports by examining the voluntary disclosure of share performance...