کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1006648 938327 2014 5 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The impact of duration on management's discount rate choice
ترجمه فارسی عنوان
تاثیر مدت زمان در انتخاب نرخ تنزیل مدیریت
کلمات کلیدی
حقوق بازنشستگی؛ نرخ بهره؛ افشای مدت زمان
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
چکیده انگلیسی

Previous research finds that firms increase their assumed discount rates to minimize their reported pension benefit obligation. This paper demonstrates that firms whose pension plans have short durations lower their discount rates (rather than increase them), since a lower discount rate decreases their pension expense. These results are especially relevant in the present climate of low interest rates and more firms freezing their defined benefit pension plans, thereby shortening the duration of their obligations. Given its importance in shaping management motivation we believe that firms should be required to disclose the duration of their future obligations.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research in Accounting Regulation - Volume 26, Issue 2, October 2014, Pages 217–221
نویسندگان
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