Download or read book Who Reports Earnings When Reporting is Optional The Market for New Franchises written by Renee A. Price and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most studies of voluntary disclosure examine the securities market, where voluntary disclosure is incremental to the requirements of highly developed reporting standards. In this paper, I examine the market for new franchises, where there is no requirement that potential franchise investors be given information relevant to earnings at the individual franchise level. The market for new franchises provides an opportunity to observe the outcome of managers' assessment of whether to disclose or withhold earnings information when that choice is not dominated by a disclosure requirement. I am able to observe firm and contract features associated with earnings disclosure in a present-day unregulated environment.Approximately twenty-six percent of franchisors volunteer earnings-related information. I find that disclosing franchisors impose greater investment risk on new franchisees in the form of 1) higher contractual payments and 2) greater product demand uncertainty. Demand uncertainty is greater when franchisees are granted a territory--rather than a site, or when franchisors are expanding to foreign markets. I also observe that larger franchise systems, which collect data from more locations and therefore have more precise proprietary information, are less likely to disclose. This finding is notable in that it is contrary to what has been observed in the securities market, where large firms are associated with more volunary disclosure. The study suggests a possible role for initial disclosure regulation in that it may cause large firms to release proprietary information they would otherwise retain.
Download or read book Financial Accounting and Equity Markets written by Philip Brown and published by Routledge. This book was released on 2013-06-19 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philip Brown is one of the most admired and respected accounting academics alive today. He was a pioneer in capital markets research in accounting, and his 1968 article, co-authored with Ray Ball, "An Empirical Evaluation of Accounting Income Numbers," arguably had a greater impact on the course of accounting research, directly and indirectly, than any other article during the second half of the twentieth century. Since that time, his innovative research has focused on issues that bridge accounting and finance, including the relationships between net profit reports and the stock market, the long-run performance of acquiring firms, statutory sanctions and voluntary corporate disclosure, and the politics and future of national accounting standards to name a few. This volume brings together the greatest hits of Brown’s career, including several articles that were published in out-of-the-way places, for easier use by students and researchers in the field. With a foreword written by Stephen A. Zeff, and an introduction that discusses the evolution of Brown’s research interests and explains the context for each of the essays included in the volume, this book offers the reader a unique look inside this remarkable 50-year career.
Download or read book Consolidated Financial Reporting written by Paul Taylor and published by SAGE. This book was released on 1996-05-25 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces and examines what is currently the most central and controversial area in financial reporting. It is designed so that readers with particular interests can easily find their way through clearly marked sections.
Download or read book Internal Revenue Bulletin written by United States. Internal Revenue Service and published by . This book was released on 2001 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Report Ghana 2016 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-11-24 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The country has played a leading role in African affairs for decades, having been one of the first states to gain independence on the continent and serving as one of the key centres of pan-Africanism in the post-independence era. That role has continued in recent years, with Ghana playing a central part in regional organisations like ECOWAS and the African Union. Reliance on raw material exports, combined with an income-sensitive population and stubborn poverty levels in the northern regions of the country, have created complications, but Ghana has made significant progress in recent years and has begun to build the necessary foundations for long-term growth.
Download or read book Statistics of Income Business Income Tax Returns written by United States. Internal Revenue Service and published by . This book was released on 1968 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Statistics of Income from Returns of Net Income written by United States. Internal Revenue Service and published by . This book was released on 1940 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volumes for 1934-53 issued in 2 pts.: pt. 1. Individual income tax returns, estate tax returns, gift tax returns (varies); pt. 2. Corporation income tax returns and personal holding company returns. 1954- issued in 4 pts.: Corporation income tax returns; Estate tax returns; Fiduciary income tax returns; Individual income tax returns.
Download or read book Business Taxpayer Information Publications written by and published by . This book was released on 2000 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Guide for Small Business written by and published by . This book was released on with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Social Responsibility in the Global Business World written by Meenu Maheshwari and published by CRC Press. This book was released on 2024-07-26 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now more than ever, there is a growing importance for companies to ramp up their focus on social responsibility. An effective CSR program can have a positive impact on companies, employees, and consumers. This new volume, Corporate Social Responsibility in the Global Business World: A Conceptual, Regulatory, and Illustrative Framework, covers the parameters of corporate social responsibility around the world, elucidating the concepts, evolution, cultural dimensions, key areas, and disclosure and reporting methods and how CSR is being considered and implemented across the globe. The book also offers a future outlook for CSR. The book begins with a thorough introduction to CSR, covering its meaning and definition along with the principles of CSR for effective implementation, its inherent benefits, and its challenges. It goes on to cover the status of CSR in emerging economies with the emphasis on emerging trends in corporate governance, reporting, indexing, and certification. The volume considers the evolution of CSR from voluntary to mandatory along with the underlining advantages and disadvantages while also giving comparisons of CSR in developed versus developing nations. The book looks at the regulations and legislation around the world pertaining to CSR, such as universal GRI standards and legislative framework of countries like UK, USA, India, Germany, France, Canada, China, and Indonesia that have been sketched out covering expenditures, disclosure, and reporting obligations. The authors share case studies of implemented CSR projects, initiatives, and practices, highlighting several societal and environmental issues either through stakeholder relations and collaborations with NGOs or agencies or by adhering to government regulations for CSR compliance. This book provides a valuable overview of CSR and how effective implementation can lead to a corporation’s contribution to worldwide and regional sustainability and the well-being of society and the environment.
Download or read book The voluntary code of practice in the dairy sector written by Great Britain: Parliament: House of Commons: Welsh Affairs Committee and published by Stationery Office. This book was released on 2013-05-21 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dairy farming is of considerable economic and social importance to Wales, accounting for a third of all agricultural production by value and employing thousands of people. The dairy industry in Wales has an estimated total economic output of about £420m, one third (30%) of all Welsh agricultural production. There are 1,901 dairy farmers in Wales who produce 1.5 billion litres of milk per year, 12% of the total UK milk volume. The 224,000 dairy cattle in Wales constitute about 12% of the UK dairy herd. Long-standing cost pressures on dairy farmers came to a head in a crisis in summer last year, 2012, when processors announced a series of milk price reductions to be implemented at short notice. The Committee's key conclusions are: (i) The new voluntary code of practice is an important step forward to redress the balance in the contractual relationship between dairy producer and purchaser; (ii) The Committee urges all dairy processors who have not yet signed the voluntary code to do so; (iii) The code must be given time to work; (iv) Should the voluntary code fail, the UK Government must legislate for a statutory code of contracts.
Download or read book The Report Romania 2008 written by and published by Oxford Business Group. This book was released on 2008 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Computerworld written by and published by . This book was released on 1991-03-25 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), twice-monthly publication, focused conference series and custom research form the hub of the world's largest global IT media network.
Download or read book Report of the Federal Home Loan Mortgage Corporation written by Federal Home Loan Mortgage Corporation and published by . This book was released on 1999 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Survey of Current Business written by and published by . This book was released on 1970 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1968 with total page 1096 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The 1968 Economic Report of the President written by United States. President and published by . This book was released on 1968 with total page 968 pages. Available in PDF, EPUB and Kindle. Book excerpt:
