Why reduce profit? accounting choice of impairments in Swedish listed corporations

Pernilla Broberg, Sven-Olof Collin, Torbjörn Tagesson, Monika Axelsson, Charlotta Schéle

    Forskningsoutput: TidskriftsbidragArtikelPeer review

    Sammanfattning

    Positive accounting theory and institutional theory are used in conjunction in order to explain accounting choice. The theory is applied on IAS 36 (impairment of assets), and tested on a sample of listed Swedish corporations. We find that the choice is mainly induced by agency and general business factors and to a slighter degree by institutional factors. Especially, we find that institutional influence will be stronger when it is in the interest of important stakeholders; that impairments can be used as a mean of signalling trust to absent owners and that the institutional element of tradition cannot be tested separately from the agency element of opportunism.

    OriginalspråkEngelska
    Sidor (från-till)49-71
    Antal sidor22
    TidskriftInternational Journal of Accounting and Finance
    Volym3
    Utgåva1
    DOI
    StatusPublicerad - 2011

    Nationell ämneskategori

    • Företagsekonomi (50202)

    Fingeravtryck

    Fördjupa i forskningsämnen för ”Why reduce profit? accounting choice of impairments in Swedish listed corporations”. Tillsammans bildar de ett unikt fingeravtryck.

    Citera det här