Analysis of the current state of the timely, voluntary disclosure of previously undeclared foreign financial accounts and assets. The voluntary disclosure programs offer reduced income tax and foreign account reporting penalties in exchange for taxpayers voluntarily coming into compliance before...

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...

Discount rates selection represent a centrally material factor impacting in goodwill valuation decisions. This study examines the consistency of opportunistic behavior in documenting the variances between discount rates used by companies and independently generated estimates of company specific,...

We construct a new, parsimonious, measure of disclosure quality – disaggregation quality (DQ) – and offer validation tests. DQ captures the level of disaggregation of accounting data through a count of non-missing Compustat line items, and reflects the extent of details in firms' annual...

This article examines the demand for disclosure rules by informed managers interested in increasing the market price of their firms. Within a model of political influence, a majority of managers chooses disclosure rules with which all firms must comply. In equilibrium, disclosure rules are...

This study examines the current state of financial reporting disclosure practices by 60 non-profit organisations that have registered under the Companies Commission of Malaysia (CCM). Subsequently, this study examined the factors influencing the non-profit organisations on their level of...

This article investigates whether the Japanese Financial Services Agency's mandatory use of XBRL affects investors in assessing the financial information. Although regulators expect the introduction of XBRL to enhance the transparency and quality of business reporting, given the non-trivial...

There has been increasing trend worldwide towards providing the financial statements, not only annual reports but also more financial insights about the company, over the Internet through a website or through some other online media. This study aims to understand the extent of IFR in Saudi...

The purpose of this paper is to identify the effects of the implementation of selected regulations on corporate governance in the reporting practice of banks listed on the Warsaw Stock Exchange. The survey examined the disclosures concerning the main features of the internal control and risk...

This working paper intends to follow an inductive approach by performing an empirical study of annual reports of global financial institutions during and after the Global Financial crisis in 2008 with regard to compulsory and voluntary company disclosures. The hypothesis is that due to the...