کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
878493 1471245 2016 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The effects of a reasonable investor perspective and firm's prior disclosure policy on managers' disclosure judgments
ترجمه فارسی عنوان
اثرات یک چشم انداز سرمایه گذار مناسب و سیاست افشای شرکت بر روی داوری های آشکارسازی مدیران
کلمات کلیدی
سیاست افشا؛ گرفتن چشم انداز؛ سرمایه گذار منطقی؛ فرد معقول و منطقی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
چکیده انگلیسی

Security laws and accounting standards suggest that reasonable investors' expectations are an important consideration for disclosure judgments. Regulators have expressed concerns that many disclosure judgments are made without adequate consideration of how investors would evaluate the information. However, the psychological literature suggests that individuals may face difficulties considering the facts from another's perspective. We conduct two experiments to examine whether prompting managers to take the perspective of a reasonable investor affects their disclosure recommendations of a probable negative change in their company's earnings expectations, and whether this effect is impacted by the firm's prior disclosure policy (known that its past preference to be biased towards no disclosure versus unknown). We find that experienced managers are more likely to recommend disclosure when they are prompted to take the perspective of a reasonable investor than when they are not and this effect is stronger when the firm's prior disclosure policy is unknown.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Accounting, Organizations and Society - Volume 53, August 2016, Pages 50–62
نویسندگان
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