Klumpes, P J M (1997) Determinants of voluntary accounting policy choices by Australian life insurers. Working Paper. The Department of Accounting and Finance, Lancaster University.
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Abstract
This paper empirically examines various incentives facing managers of Australian life insurers to voluntarily use actuarial-based income smoothing techniques (AIS). AIS were subsequently incorporated into jointly-developed Australian and New Zealand life insurance accounting standards (LIAS) issued in 1997. The propensity of managers to voluntarily use AIS is predicted to be related to the firm s tax rate, ownership structure, size, expense ratio and solvency. These predictions were tested on a sample of 28 firms during the period 1992-93. Empirical results suggest that firms using AIS tend to be larger, pay higher levels of income tax and are less likely to contravene minimum solvency requirements.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Uncontrolled Keywords: | /dk/atira/pure/subjectarea/aacsb/disciplinebasedresearch |
| Subjects: | |
| Departments: | Lancaster University Management School > Accounting & Finance |
| ID Code: | 48566 |
| Deposited By: | ep_importer_pure |
| Deposited On: | 11 Jul 2011 21:00 |
| Refereed?: | No |
| Published?: | Published |
| Last Modified: | 17 Oct 2019 02:28 |
| URI: | https://eprints.lancs.ac.uk/id/eprint/48566 |
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