Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/corporate-governance-determinants-on-australian-resource-companies-uTCSom8SYN
References (44)
-
K. Benson, B. Oliver (2004)
Management Motivation for Using Financial Derivatives in AustraliaAustralian Journal of Management, 29
-
Australian Accounting Standards Board
AASB 132: Presentation and Disclosure of Financial Instruments -
Kamran Ahmed, J. Courtis (1999)
ASSOCIATIONS BETWEEN CORPORATE CHARACTERISTICS AND DISCLOSURE LEVELS IN ANNUAL REPORTS: A META-ANALYSISBritish Accounting Review, 31
-
D. Malone, C. Fries, Thomas Jones (1993)
An Empirical Investigation of the Extent of Corporate Financial Disclosure in the Oil and Gas IndustryJournal of Accounting, Auditing & Finance, 8
-
R. Watts, J. Zimmerman (2006)
Positive Accounting Theory: A Ten Year Perspective -
The West Australian
Miners see red over rules -
Christine Botosan (1997)
Disclosure level and the cost of equity capitalAccounting review: A quarterly journal of the American Accounting Association, 72
-
C. Jubb (2006)
The transition to AIFRS: How are reconciliations to Australian GAAP being disclosed -
Australian Accounting Standards Board
AASB 1047: Disclosing the Impacts of Adopting Australian Equivalents to International Financial Reporting Standards -
Australian Accounting Standards Board
AASB 7: Financial Instruments: Disclosures -
ASX Corporate Governance Council
Principles of Good Corporate Governance and Best Practice Recommendations -
10.2139/ssrn.586423
-
M. Honey
IFRS – the key issues for mining -
Michael Jensen, W. Meckling (1976)
Harvard Business School; SSRN; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Accounting & Control UnitLSN: Law & Finance: Empirical (Topic)
-
Australian Securities and Investments Commission
Disclosing the impact of international accounting standards in prospectuses and other disclosure documents -
KPMG
Transitioning to International Financial Reporting Standards – Key Issues for Australian Oil and Gas Companies -
Michael Welker (1995)
Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets*Contemporary Accounting Research, 11
-
C. Mallin, T. Dunne, C. Helliar, Kean Ow-Yong (2004)
FRS 13 and corporate governance: a fund management perspectiveQualitative Research in Accounting & Management, 1
-
10.1016/0304-405X(76)90026-X
-
K. Chalmers, Jayne Godfrey (2000)
Practice versus Prescription in the Disclosure and Recognition of DerivativesAustralian Accounting Review, 10
-
Ernst and Young
Financial instruments and structured products -
Australian Accounting Standards Board
AASB 139: Recognition and Measurement of Financial Instruments -
J. Godfrey, A. Hodgson, S. Holmes
Accounting Theory -
C. Marston, Philip Shrives (1991)
The use of disclosure indices in accounting research: A review articleBritish Accounting Review, 23
-
Grantley Taylor, G. Tower, J. Neilson (2009)
Corporate Communication of Financial RiskARN Wiley-Blackwell Publishers Journals
-
Hoa Nguyen, R. Faff (2002)
On The Determinants of Derivative Usage by Australian CompaniesAustralian Journal of Management, 27
-
G.E.P. Shailer
An Introduction to Corporate Governance in Australia -
M.C. Jensen, W.H. Meckling
Theory of the firm: managerial behaviour, agency costs and ownership structure -
L. Brown, J.M. Robinson, M.L. Caylor
Corporate governance and firm performance -
K. Chalmers, Jayne Godfrey (2004)
Reputation costs: the impetus for voluntary derivative financial instrument reportingAccounting Organizations and Society, 29
-
Financial Reporting Council
Financial Reporting Council – 2005 timeline planning framework -
D. Street, S. Bryant (2000)
Disclosure Level and Compliance with IASs: A Comparison of Companies With and Without U.S. Listings and FilingsThe International Journal of Accounting, 35
-
K. Chalmers, J.M. Godfrey
Reputation costs: the impetus for discretionary derivative financial instrument reporting -
Kenneth Borokhovich, Kelly Brunarski, Claire Crutchley, B. Simkins (2004)
Board Composition And Corporate Use Of Interest Rate DerivativesJournal of Financial Research, 27
-
Charles Chen, B. Jaggi (2000)
Association between independent non-executive directors, family control and financial disclosures in Hong KongJournal of Accounting and Public Policy, 19
-
C. Jubb
How are AIFRS reconciliations to previous GAAP being disclosed? -
P. Brown, A. Tarca (2005)
2005 — It's Here, Ready or Not: A Review of the Australian Financial Reporting FrameworkAustralian Accounting Review, 15
-
J. Zahn, Inderpal Singh, Alistair Brown (2005)
Exploratory Analysis of the Association between Remuneration Committee Characteristics and Executive Director Compensation -
Hoa Nguyen, R. Faff (2003)
Further Evidence on the Corporate Use of Derivatives in Australia: The Case of Foreign Currency and Interest Rate InstrumentsAustralian Journal of Management, 28
-
P. Lopes, L. Rodrigues (2004)
Accounting practices for financial instruments. How far are Portuguese companies from IAS -
V. Beattie, B. McInnes, S. Fearnley (2004)
A methodology for analysing and evaluating narratives in annual reports: a comprehensive descriptive profile and metrics for disclosure quality attributesAccounting Forum, 28
-
H. Berkman, M. Bradbury, P. Hancock, Claire Innes (2002)
Derivative Financial Instrument Use in AustraliaRisk Management eJournal
-
K. Chalmers (2001)
The progression from voluntary to mandatory derivative instrument disclosures - look who's talkingAustralian Accounting Review, 11
-
C. Jubb
Transition to IFRS: listed companies' expected accounting policy impacts as revealed by AASB 1047 disclosures
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 1321-7348
- DOI
- 10.1108/13217340810872472
- Publisher site
- See Article on Publisher Site
Abstract
Purpose – This paper seeks to investigate the corporate governance determinants of financial instrument disclosure (FID) practices of Australian listed resource firms in their annual reports for the 2005 financial year. This is an important time period to explain FID patterns for Australian resource companies leading up to formal adoption of the Australian equivalents to the International Financial Reporting Standards (IFRS). Design/methodology/approach – The extent of FID was measured using a Financial Instrument Disclosure Index (FIDI) comprised of 120 items of both mandatory and discretionary financial instrument information. Hypothesis testing used empirical data from a representative sample of Australian listed resource firms. Research limitations/implications – The results of regression analysis demonstrate that corporate governance characteristics of firms are significant determinants of FID patterns. Univariate and multivariate results showed that FIDs were significantly and positively associated with strength of corporate governance structure and the control variables – leverage, firm size and industry. Originality/value – This paper contributes to an emerging paradigm that emphasises the link between firms' governance structures and their disclosure responses to financial instruments and in particular, financial derivatives.
Journal
Asian Review of Accounting – Emerald Publishing
Published: May 16, 2008
Keywords: Disclosure; Corporate governance; Accounting standards; Australia