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https://doi.org/10.21256/zhaw-28172| Publication type: | Article in scientific journal |
| Type of review: | Editorial review |
| Title: | Advanced financial reporting : the French approach to the disclosure problem |
| Authors: | Hecht, Andreas Hachmeister, Dirk |
| et. al: | No |
| DOI: | 10.1002/jcaf.22455 10.21256/zhaw-28172 |
| Published in: | Journal of Corporate Accounting & Finance |
| Volume(Issue): | 32 |
| Issue: | 1 |
| Page(s): | 139 |
| Pages to: | 144 |
| Issue Date: | 2020 |
| Publisher / Ed. Institution: | Wiley |
| ISSN: | 1044-8136 1097-0053 |
| Language: | English |
| Subjects: | Advanced financial reporting; Disclosure problem; Voluntary reporting |
| Subject (DDC): | 657: Accounting |
| Abstract: | Sound decision-making depends on an appropriate level of relevant information. This topic is on the agenda of international standard setters in order to increase the decision usefulness of financial disclosures for the addressees of corporate reporting. A look at France demonstrates how a unique recommendation on financial market communication initiated by the Financial Supervisory Authority, which goes beyond legal requirements, can help solve the problem. The resulting advanced disclosures not only provide a clear picture of the origin and magnitude of, for example, financial risks but also of the extent to which the company has reduced or increased the risk with derivative instruments. Such unprecedented transparency could raise the inhibition threshold for speculation. In addition, we illustrate that the enhanced data granularity could benefit various stakeholders through more meaningful competitive or benchmarking analyses. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/28172 |
| Fulltext version: | Published version |
| License (according to publishing contract): | CC BY 4.0: Attribution 4.0 International |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute for Financial Management (IFI) |
| Appears in collections: | Publikationen School of Management and Law |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| 2020_Hecht-Hachmeister_Advanced-financial-reporting-French-approach.pdf | 1.42 MB | Adobe PDF |  View/Open |
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Hecht, A., & Hachmeister, D. (2020). Advanced financial reporting : the French approach to the disclosure problem. Journal of Corporate Accounting & Finance, 32(1), 139–144. https://doi.org/10.1002/jcaf.22455
Hecht, A. and Hachmeister, D. (2020) ‘Advanced financial reporting : the French approach to the disclosure problem’, Journal of Corporate Accounting & Finance, 32(1), pp. 139–144. Available at: https://doi.org/10.1002/jcaf.22455.
A. Hecht and D. Hachmeister, “Advanced financial reporting : the French approach to the disclosure problem,” Journal of Corporate Accounting & Finance, vol. 32, no. 1, pp. 139–144, 2020, doi: 10.1002/jcaf.22455.
HECHT, Andreas und Dirk HACHMEISTER, 2020. Advanced financial reporting : the French approach to the disclosure problem. Journal of Corporate Accounting & Finance. 2020. Bd. 32, Nr. 1, S. 139–144. DOI 10.1002/jcaf.22455
Hecht, Andreas, and Dirk Hachmeister. 2020. “Advanced Financial Reporting : The French Approach to the Disclosure Problem.” Journal of Corporate Accounting & Finance 32 (1): 139–44. https://doi.org/10.1002/jcaf.22455.
Hecht, Andreas, and Dirk Hachmeister. “Advanced Financial Reporting : The French Approach to the Disclosure Problem.” Journal of Corporate Accounting & Finance, vol. 32, no. 1, 2020, pp. 139–44, https://doi.org/10.1002/jcaf.22455.
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