intTypePromotion=1
ADSENSE

TRACING THE EVOLUTION OF RESEARCH ON INTERNATIONAL ACCOUNTING HARMONIZATION

Chia sẻ: Phạm Duy | Ngày: | Loại File: PDF | Số trang:0

46
lượt xem
3
download
 
  Download Vui lòng tải xuống để xem tài liệu đầy đủ

In contrast, privately held firms have relatively concentrated ownership structures and hence can efficiently communicate among shareholders information via private channels. Therefore, financial information and reported earnings are less important in communicating firm performance, which in turn makes private firms less likely to expend resources (e.g., hiring a high quality auditor) to produce earnings that are highly informative about economic performance.4 Moreover, reported earnings can assume a different role than for public firms. For instance, private firms face less of a tradeoff if they manage earnings to minimize taxes but make them less informative in the process. Alternatively, earnings can be used in determining dividends and other payouts...

Chủ đề:
Lưu

Nội dung Text: TRACING THE EVOLUTION OF RESEARCH ON INTERNATIONAL ACCOUNTING HARMONIZATION

ADSENSE

CÓ THỂ BẠN MUỐN DOWNLOAD


intNumView=46

 

Đồng bộ tài khoản
2=>2