"The topics of voluntary disclosure of firm is an open debate. Literature has been variously focused on different path take into account the Stakeholder Theory (Freeman, 1984). In this paper we deal with an emerging issue related to the IASB document “Management Commentary. A framework for presentation”. In particular, objective of the research is to provide evidence on the potential relations between financial and governance-related variables with measures of the existence and quality of forward-looking information in the Annual Reports. Adopting a content analysis approach with the help of statistical analysis, we considered annual disclosure reports of a sample of 218 Italian industrial listed firms in the period 2006- 2010. We found positive correlations between forward looking related variables and other debt related, asset related, profit and loss related and governance variables. "
Tutino, M., Regoliosi, C., D'Eri, A. (2013). Forward-Looking Quantitative Information in Italian Listed Firms. Empirical Evidence in 2006-2010. CORPORATE OWNERSHIP & CONTROL, 11(1), 47-61.
Forward-Looking Quantitative Information in Italian Listed Firms. Empirical Evidence in 2006-2010
TUTINO, MARCO;REGOLIOSI, CARLO;
2013-01-01
Abstract
"The topics of voluntary disclosure of firm is an open debate. Literature has been variously focused on different path take into account the Stakeholder Theory (Freeman, 1984). In this paper we deal with an emerging issue related to the IASB document “Management Commentary. A framework for presentation”. In particular, objective of the research is to provide evidence on the potential relations between financial and governance-related variables with measures of the existence and quality of forward-looking information in the Annual Reports. Adopting a content analysis approach with the help of statistical analysis, we considered annual disclosure reports of a sample of 218 Italian industrial listed firms in the period 2006- 2010. We found positive correlations between forward looking related variables and other debt related, asset related, profit and loss related and governance variables. "I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
