Some economic determinants of accounting policy choice

Hagerman, Robert L.; Zmijewski, Mark E.

doi:10.1016/0165-4101(79)90004-1

Cited by 312 publications

(154 citation statements)

References 8 publications

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“…For example, studies of accounting choices such as Hagerman and Zmijewski (1979) found evidence that managers chose accounting policies that increased their bonuses. Disclosure studies (Chow and Wong-Boren, 1987 and Botosan and Harris, 2000) also suggest that managers behave in a self-interested manner.…”

Section: Review Of Literaturementioning

confidence: 99%

Neutrality of narrative discussion in annual reports of UK listed companies

Tauringana

Chong

2004

Journal of Applied Accounting Research

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Section: Review Of Literaturementioning

confidence: 99%

Neutrality of narrative discussion in annual reports of UK listed companies

Tauringana

Chong

2004

Journal of Applied Accounting Research

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“…The dependent variables most widely used in the literature to indicate income increasing accounting methods are depreciation method, inventory method, the treatment of investment tax credits and the period of pension amortisation (see, for example, Hagerman and Zmijewski, 1979;Holthausen and Leftwich, 1983;Watts and Zimmerman, 1986;Penno and Simon, 1986;Dhaliwal, 1988;Press and Weintrop, 1990;Bowen et al, 2000;Bowen et al, 2002). Investment tax credits operate in the USA and some Western countries but not in Egypt.…”

Section: Empirical Hypothesesmentioning

confidence: 99%

“…In order to test them one needs to identify empirically observable data that can proxy for such variables. In the past, accounting choices whose effect on current net income is relatively unambiguous and which are usually disclosed in the corporation's annual report have been used as proxies for current income increasing policies (see, for example, Hagerman and Zmijewski, 1979;Zmijewski and Hagerman, 1981;Healy, 1985;DeAngelo, 1988). This paper follows a similar strategy.…”

Section: Empirical Hypothesesmentioning

confidence: 99%

Determinants of accounting choices in Egypt

Dey

Grinyer

Sinclair

et al. 2007

Journal of Applied Accounting Research

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In recent years, Egypt has been developing rapidly from a socialist to a fully developed market-based economy. One may expect that this economic transition towards a more capitalist orientation will influence the country's cultural and socio-economic environment, and consequently the behaviour of its corporate managers. The increasing separation of ownership and control of capital could be expected to increase agency problems associated with managerial decisions. In these circumstances, it should be interesting to identify whether 'positive accounting' hypotheses would apply in such an environment. Therefore, this paper examines the relevance to financial reporting in Egypt of some established positive accounting theory hypotheses in addition to a new hypothesis related to taxation. The evidence of the study is consistent with the validity of the conventional 'bonus' and 'debt' hypotheses and the new 'taxation' hypothesis. These conclusions are also consistent with recent empirical studies of cultural and socio-economic change in Egypt.

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“…A Hipótese dos Custos Políticos foi evidenciada em estudos que utilizaram a proxy tamanho para inferir os custos políticos (JENSEN;MECKLING, 1976;ZIMMERMAN, 1978;HAGERMAN;ZMIJEWSKI, 1979;SANTOS, 2012). Portanto, este estudo se propõe a testar a Hipótese dos Custos Políticos com o intuito de buscar uma relação entre o tamanho das empresas e os procedimentos contábeis utilizados para a criação da informação contábil, a qual está atrelada à Qualidade da Informação Contábil.…”

Section: Teoria Positiva Da Contabilidadeunclassified

Effects of the Positive Accounting Theory Hypotheses on Financial Reporting Quality

Queiroz¹,

Almeida²

2017

RUC

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RESUMO Este trabalho investiga os efeitos das Hipóteses da Teoria Positiva da Contabilidade (TPC) naQualidade da Informação Contábil, a qual pode ser determinada pelas medidas de relevância, tempestividade, conservadorismo condicional e gerenciamento de resultados das informações divulgadas nas Demonstrações Financeiras. A amostra foi composta por observações de empresas com liquidez de pelo menos 0,001 das ações negociadas na BM&FBOVESPA, no período de 2010 a 2014, coletadas no sistema Comdinheiro. As observações foram segregadas em grupos cujos gestores podem sofrer influência similar dos fatores descritos nas Hipóteses da TPC, criando-se variáveis dummy para esses grupos. Com o intuito de analisar e comparar os grupos, foram utilizadas duas análises de regressão em dados em painel com erros-padrão robustos clusterizados na firma. Os resultados evidenciaram que os efeitos das hipóteses da Teoria Positiva da Contabilidade nas métricas de Qualidade da Informação não são uniformes e variam conforme os controles utilizados. Contudo, é possível verificar que pode existir influência na Relevância da Informação Contábil pela Hipótese dos Planos de Compensação (existência de planos de compensação mais agressivos) e pela Hipótese dos Custos Políticos 1 Artigo recebido em 04

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Some economic determinants of accounting policy choice

Cited by 312 publications

References 8 publications

Neutrality of narrative discussion in annual reports of UK listed companies

Neutrality of narrative discussion in annual reports of UK listed companies

Determinants of accounting choices in Egypt

Effects of the Positive Accounting Theory Hypotheses on Financial Reporting Quality

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