Article ID Journal Published Year Pages File Type
10489281 Accounting Forum 2015 13 Pages PDF
Abstract
We examine the characteristics of firms that lobbied on the 2010 Exposure Draft (ED) on pensions and find that signalling influences the decision to lobby. Further, we examine preparer's position to two important proposals in the ED. We find that preparers are less likely to agree with the abolition of the corridor when they report unrecognized actuarial losses and that firms are more likely to oppose the replacement of the expected rate of return with the discount rate when the spread between these two rates is large. These results suggest that while signalling drives firm decisions to lobby, self-interest influences how firms lobby.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Accounting
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