The determinants of managerial accounting policy choice: further evidence for the UK
Article Abstract:
Research into UK industrial firms reveals that income smoothing considerations are the major variant influencing differences in managerial accounting discretion. Reasons for income smoothing are unclear, but one explanation could be the manager's desire to signal future positive cash flow performance. The research also revealed variation over time in the relationship between accounting policy decisions and leverage. This variation may be due to changing rates of debt covenant violation relating to changes in the macroeconomic climate.
Publication Name: Accounting and Business Research
Subject: Business
ISSN: 0001-4788
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
The value relevance of disclosures of liabilities of equity-accounted investees: UK evidence
Article Abstract:
The value relevance of mandated disclosures of the investor-firm share of liabilities of equity-accounted associate and joint venture investees in UK companies is studied. The coefficient on all investee-liability disclosures is negative.
Publication Name: Accounting and Business Research
Subject: Business
ISSN: 0001-4788
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The effects of organisational climate on market orientation: evidence from the facilities management industry
- Abstracts: Dirty surplus accounting flows: international evidence. Predicting firm value: the superiority of q-theory over residual income
- Abstracts: Discussion of 'Predicting firm value: the superiority of q-theory over residual income' by Miles Gietzmann and Adam Ostaszewski