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Determinants of the use of financial reporting standards by Australian pension plans

Klumpes, P J M (1997) Determinants of the use of financial reporting standards by Australian pension plans. Working Paper. The Department of Accounting and Finance, Lancaster University.

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    Abstract

    Previous empirical research demonstrates that the voluntary disclosure of defined benefit pension plan (DBPP) information by employers is value-relevant to investors and carries potential proprietary costs. This paper extends these findings in the context of the voluntary use of financial reporting standards (FRS) in annual reports sent by pension plans to their participants. FRS use is predicted to be related to proprietary costs for defined benefit pension plans (DBPPs) and to political visibility for defined contribution pension plans (DCPPs). Tests on the voluntary reporting practices of samples of 54 Australian DCPPs and 54 DBPPs during 1991-92 support these predictions

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: pension plans ; financial reporting standards
    Subjects:
    Departments: Lancaster University Management School > Accounting & Finance
    ID Code: 48569
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:00
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:10
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48569

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