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Australia
Australian
firm characteristics
size
shareholders
shareholder dispersion
unsophisicated investors
summary annual reports
corporate attributes
communication
usefulness of financial reports
CFR
listed companies" name="eprints.keywords" />
<meta content="This study represents quantitative replication research in the area of summarised annual reporting in Australia. It investigates the characteristics of 176 publicly listed Australian firms and through both univariate and multivariate analyses finds that firm size and shareholder dispersion are significant determinants of firms that voluntarily choose to issue Concise Financial Reports (CFRs). Given the nature of summarised reporting the implications of these findings are important for preparers, users, professional and regulatory bodies and academics. If the CFR is the only formal communication between large complex companies (Whittred, 1987) and large numbers of individual shareholders it is essential that relevant information is not merely summarised but represents complete, comparable and effectively communicated financial information." name="eprints.abstract" />
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<meta content="This study represents quantitative replication research in the area of summarised annual reporting in Australia. It investigates the characteristics of 176 publicly listed Australian firms and through both univariate and multivariate analyses finds that firm size and shareholder dispersion are significant determinants of firms that voluntarily choose to issue Concise Financial Reports (CFRs). Given the nature of summarised reporting the implications of these findings are important for preparers, users, professional and regulatory bodies and academics. If the CFR is the only formal communication between large complex companies (Whittred, 1987) and large numbers of individual shareholders it is essential that relevant information is not merely summarised but represents complete, comparable and effectively communicated financial information." name="DC.description" />
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<h1 class="ep_tm_pagetitle">Characteristics of firms that issue concise financial reports in Australia</h1>
<p style="margin-bottom: 1em" class="not_ep_block"><span class="person_name">Smith, B.N.</span> (2005) <xhtml:em>Characteristics of firms that issue concise financial reports in Australia.</xhtml:em> Financial Reporting, Regulation & Governance, 4 (1). ISSN 1449-2318</p><p style="margin-bottom: 1em" class="not_ep_block"></p><table style="margin-bottom: 1em" class="not_ep_block"><tr><td valign="top" style="text-align:center"><a onmouseover="EPJS_ShowPreview( event, 'doc_preview_971' );" href="http://eprints.utas.edu.au/934/1/Smith_2005.pdf" onmouseout="EPJS_HidePreview( event, 'doc_preview_971' );"><img alt="[img]" src="http://eprints.utas.edu.au/style/images/fileicons/application_pdf.png" class="ep_doc_icon" border="0" /></a><div class="ep_preview" id="doc_preview_971"><table><tr><td><img alt="" src="http://eprints.utas.edu.au/934/thumbnails/1/preview.png" class="ep_preview_image" border="0" /><div class="ep_preview_title">Preview</div></td></tr></table></div></td><td valign="top"><a href="http://eprints.utas.edu.au/934/1/Smith_2005.pdf"><span class="ep_document_citation">PDF</span></a> - Requires a PDF viewer<br />167Kb</td></tr></table><p style="margin-bottom: 1em" class="not_ep_block">Official URL: <a href="http://www.cbs.curtin.edu.au/business/research/journals/financial-reporting/-regulation-and-governance/volume-4-no-1-2005">http://www.cbs.curtin.edu.au/business/research/journals/financial-reporting/-regulation-and-governance/volume-4-no-1-2005</a></p><div class="not_ep_block"><h2>Abstract</h2><p style="padding-bottom: 16px; text-align: left; margin: 1em auto 0em auto">This study represents quantitative replication research in the area of summarised annual reporting in Australia. It investigates the characteristics of 176 publicly listed Australian firms and through both univariate and multivariate analyses finds that firm size and shareholder dispersion are significant determinants of firms that voluntarily choose to issue Concise Financial Reports (CFRs). Given the nature of summarised reporting the implications of these findings are important for preparers, users, professional and regulatory bodies and academics. If the CFR is the only formal communication between large complex companies (Whittred, 1987) and large numbers of individual shareholders it is essential that relevant information is not merely summarised but represents complete, comparable and effectively communicated financial information.</p></div><table style="margin-bottom: 1em" cellpadding="3" class="not_ep_block" border="0"><tr><th valign="top" class="ep_row">Item Type:</th><td valign="top" class="ep_row">Article</td></tr><tr><th valign="top" class="ep_row">Keywords:</th><td valign="top" class="ep_row">concise financial reports
Australia
Australian
firm characteristics
size
shareholders
shareholder dispersion
unsophisicated investors
summary annual reports
corporate attributes
communication
usefulness of financial reports
CFR
listed companies</td></tr><tr><th valign="top" class="ep_row">Subjects:</th><td valign="top" class="ep_row"><a href="http://eprints.utas.edu.au/view/subjects/350101.html">350000 Commerce, Management, Tourism and Services > 350100 Accounting, Auditing and Accountability > 350101 Financial Accounting</a></td></tr><tr><th valign="top" class="ep_row">ID Code:</th><td valign="top" class="ep_row">934</td></tr><tr><th valign="top" class="ep_row">Deposited By:</th><td valign="top" class="ep_row"><span class="ep_name_citation"><span class="person_name">Mrs Bernadette Smith</span></span></td></tr><tr><th valign="top" class="ep_row">Deposited On:</th><td valign="top" class="ep_row">02 May 2007</td></tr><tr><th valign="top" class="ep_row">Last Modified:</th><td valign="top" class="ep_row">09 Jan 2008 02:30</td></tr><tr><th valign="top" class="ep_row">ePrint Statistics:</th><td valign="top" class="ep_row"><a target="ePrintStats" href="/es/index.php?action=show_detail_eprint;id=934;">View statistics for this ePrint</a></td></tr></table><p align="right">Repository Staff Only: <a href="http://eprints.utas.edu.au/cgi/users/home?screen=EPrint::View&eprintid=934">item control page</a></p>
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