Article2002

Competitive Harm and Companies' Positions on SFAS No. 131

55 citations0/0 files storedJournal of Accounting Auditing & Finance

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Accounting Theory and Financial Reporting Political Influence and Corporate Strategies

Abstract

This paper examines companies' positions on the Financial Accounting Standards Board's (FASB) exposure draft (ED) for SFAS No. 131, Disclosures about Segments of an Enterprise and Related Information. Companies' lobbying positions are obtained from comment letters sent in response to the FASB's 1996 request for input on the ED. We relate these positions to variables proxying for the likelihood a firm will be required to make its segment disclosures more informative and the potential for competitive harm, given the changes in segment disclosures' informativeness. We find that companies' lobbying positions toward the ED are explained by proxies for expected changes in segment disclosure when the standard described in the ED is adopted and by proxies for expected competitive harm related to the disclosure requirements in the new standard. These results imply that companies' responses to the FASB's ED were motivated by self-interest related to costs potentially imposed on them by the proposed new standard.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 55 citations exist upstream.

References

1998The Association between Competition and Managers' Business Segment Reporting Decisions 1996Segment Reporting to the Capital Market in the Presence of a Competitor 2000Measurement Errors and Information Content of Segment Reporting

Cited by

2010Discretionary Disclosure of Proprietary Information in a Multisegment Firm 2007Congressional Intervention in the Standard-Setting Process: An Analysis of the Stock Option Accounting Reform Act of 2004 2006A theory of the corporate decision to resist FASB standards: An organization theory perspective 2006Competitive harm and geographic area disclosure under SFAS 131 2011A Lobbying Approach to Evaluating the Whistleblower Provisions of the Dodd-Frank Reform Act of 2010 2002Security Market Effects Associated with SFAS No. 131: Reported Business Segments 2014Post-Implementation Reviews for IASB and FASB Standards: A Comparison of the Process and Findings for the Operating Segments Standards 2005Does the “management approach” contribute to segment reporting transparency?

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.