Does IFRS and GRI adoption impact the understandability of corporate reports by Chinese listed companies?

被引:14
作者
Sun, Yanqi [1 ]
Wang, Jenny Jing [2 ]
Huang, Kevin Tairan [2 ]
机构
[1] Beijing Inst Petrochem Technol, Sch Econ & Management, Beijing, Peoples R China
[2] Univ Wollongong, Sch Accounting Econ & Finance, Wollongong, NSW, Australia
关键词
Corporate report; IFRS; GRI; Understandability; Readability; Conciseness; China; ANNUAL-REPORT READABILITY; SOUTH-AFRICAN COMPANIES; ECONOMIC CONSEQUENCES; INTEGRATED REPORTS; DISCLOSURE; DETERMINANTS; QUALITY; COMMUNICATION; STATEMENTS; COMPLEXITY;
D O I
10.1111/acfi.12908
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study examines whether the adoption of IFRS and GRI impacts the readability and conciseness of corporate reports. We investigate the corporate reports of the top 100 A-share listed Chinese companies from 2014 to 2018. Our results suggest that both readability and conciseness of the corporate reports are at a low level and indicate a downward trend over our sample period. We also find that IFRS adoption results in a longer and more readable report, whereas GRI adoption leads to a longer but less readable report. Our findings are of interest to academics, management, investors, and regulators.
引用
收藏
页码:2879 / 2904
页数:26
相关论文
共 103 条
[1]  
Adelberg A.H., 1979, Accounting and Business Research, V9, P179, DOI [10.1080/00014788.1979.9729157, DOI 10.1080/00014788.1979.9729157]
[2]   Readability of sustainability reports: evidence from Indonesia [J].
Adhariani, Desi ;
du Toit, Elda .
JOURNAL OF ACCOUNTING IN EMERGING ECONOMIES, 2020, 10 (04) :621-636
[3]   Investors' use of corporate reports in Bahrain [J].
Al-Ajmi, Jasim .
MANAGERIAL AUDITING JOURNAL, 2009, 24 (03) :266-+
[4]  
[Anonymous], 2013, MAT BACKGR PAP IR
[5]   Visualizing and managing value creation through integrated reporting practices: a dynamic resource-based perspective [J].
Barnabe, Federico ;
Giorgino, Maria Cleofe ;
Kunc, Martin .
JOURNAL OF MANAGEMENT & GOVERNANCE, 2019, 23 (02) :537-575
[6]   The economic consequences associated with integrated report quality: Capital market and real effects [J].
Barth, Mary E. ;
Cahan, Steven F. ;
Chen, Li ;
Venter, Elmar R. .
ACCOUNTING ORGANIZATIONS AND SOCIETY, 2017, 62 :43-64
[7]   A plain English measure of financial reporting readability [J].
Bonsall, Samuel B. ;
Leone, Andrew J. ;
Miller, Brian P. ;
Rennekamp, Kristina .
JOURNAL OF ACCOUNTING & ECONOMICS, 2017, 63 (2-3) :329-357
[8]   Building institutions based on information disclosure: lessons from GRI's sustainability reporting [J].
Brown, Halina Szejnwald ;
de Jong, Martin ;
Levy, David L. .
JOURNAL OF CLEANER PRODUCTION, 2009, 17 (06) :571-580
[9]   Linguistic Complexity in Firm Disclosures: Obfuscation or Information? [J].
Bushee, Brian J. ;
Gow, Ian D. ;
Taylor, Daniel J. .
JOURNAL OF ACCOUNTING RESEARCH, 2018, 56 (01) :85-121
[10]   The Effect of Mandatory IFRS Adoption on Financial Analysts' Information Environment [J].
Byard, Donal ;
Li, Ying ;
Yu, Yong .
JOURNAL OF ACCOUNTING RESEARCH, 2011, 49 (01) :69-96