Abstract
Using a matched-sample approach, this study examines firm-specific determinants of disclosure quality regarding goodwill impairment testing under IFRS for listed Finnish and Swedish companies in 2006−2012. Disclosure quality is measured by using a self-constructed disclosure index. The descriptive findings indicate an increase in the indices measuring
disclosure quality, implying an increase in disclosure quality over time. The results also indicate a significant cross-country difference, which persists over time. Firm-specific determinants, such as firm size, level of goodwill-intensity and ownership concentration, seem to significantly determine disclosure quality. Further, there are some significant industry effects for the Finnish subsample and significant effects of profitability for the Swedish
subsample at 0.1 level. Implications for further research and practice are discussed.
disclosure quality, implying an increase in disclosure quality over time. The results also indicate a significant cross-country difference, which persists over time. Firm-specific determinants, such as firm size, level of goodwill-intensity and ownership concentration, seem to significantly determine disclosure quality. Further, there are some significant industry effects for the Finnish subsample and significant effects of profitability for the Swedish
subsample at 0.1 level. Implications for further research and practice are discussed.
| Original language | English |
|---|---|
| Title of host publication | Conference book of 38th European Accounting Association Annual Congress 2015 |
| Publication date | 2015 |
| Publication status | Published - 2015 |
| MoE publication type | A4 Article in conference proceedings |
| Event | 38th Annual Congress of the European Accounting Association (EAA) - Glasgow, United Kingdom Duration: 28.04.2015 → 30.04.2015 Conference number: 38 |
Keywords
- 512 Business and Management
Areas of Strength and Areas of High Potential (AoS and AoHP)
- AoS: Financial management, accounting, and governance