An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries

Monir Mir, Bikram Chatterjee

    Research output: A Conference proceeding or a Chapter in BookConference contribution

    Abstract

    Following Hofstede’s (1980, 1991, 2001) and Gray’s (1988) propositions on the effects of cultural variables on accounting disclosure practices it is expected that annual reports of a transparent value oriented country would provide more voluntary disclosure compared to a secretive value oriented country. This study investigated the proposition that India having more secretive culture compared to New Zealand, the chairpersons’ statements in the annual reports of the Indian companies would disclose less information compared to the chairpersons’ statements in the annual reports of the New Zealand companies. However, the evidence as provided in the study on the contrary suggests that Indian companies in fact, provided more voluntary information in their Chairpersons’ statement compared to their New Zealand counterparts. The study argues that voluntary disclosure (chairpersons’ report itself is voluntary) is a complex phenomenon and cultural variables alone are not capable of predicting voluntary disclosure practices of a country as these practices are also influenced by other organisational antecedents, such as environmental conditions, industry norms and market competition.
    Original languageEnglish
    Title of host publicationFifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007)
    EditorsStewart Lawrence, Markus J Milne
    Place of PublicationAuckland, New Zealand
    PublisherCanterbury University, Auckland
    Pages1-52
    Number of pages52
    Publication statusPublished - 2007
    EventThe Fifth Asia Pacific Interdisciplinary Research in Accounting Conference - Auckland, New Zealand
    Duration: 8 Jul 200710 Jul 2007

    Conference

    ConferenceThe Fifth Asia Pacific Interdisciplinary Research in Accounting Conference
    CountryNew Zealand
    CityAuckland
    Period8/07/0710/07/07

    Fingerprint

    New Zealand
    Empirical investigation
    Voluntary disclosure
    Annual reports
    Industry
    Market competition
    Environmental conditions
    Accounting disclosure
    India

    Cite this

    Mir, M., & Chatterjee, B. (2007). An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries. In S. Lawrence, & M. J. Milne (Eds.), Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007) (pp. 1-52). Auckland, New Zealand: Canterbury University, Auckland.
    Mir, Monir ; Chatterjee, Bikram. / An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries. Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007). editor / Stewart Lawrence ; Markus J Milne. Auckland, New Zealand : Canterbury University, Auckland, 2007. pp. 1-52
    @inproceedings{a317628616dd438086e3ba6ecfe47e1d,
    title = "An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries",
    abstract = "Following Hofstede’s (1980, 1991, 2001) and Gray’s (1988) propositions on the effects of cultural variables on accounting disclosure practices it is expected that annual reports of a transparent value oriented country would provide more voluntary disclosure compared to a secretive value oriented country. This study investigated the proposition that India having more secretive culture compared to New Zealand, the chairpersons’ statements in the annual reports of the Indian companies would disclose less information compared to the chairpersons’ statements in the annual reports of the New Zealand companies. However, the evidence as provided in the study on the contrary suggests that Indian companies in fact, provided more voluntary information in their Chairpersons’ statement compared to their New Zealand counterparts. The study argues that voluntary disclosure (chairpersons’ report itself is voluntary) is a complex phenomenon and cultural variables alone are not capable of predicting voluntary disclosure practices of a country as these practices are also influenced by other organisational antecedents, such as environmental conditions, industry norms and market competition.",
    keywords = "http://www.bsec.canterbury.ac.nz/apira2007/proceedings.html",
    author = "Monir Mir and Bikram Chatterjee",
    year = "2007",
    language = "English",
    pages = "1--52",
    editor = "Stewart Lawrence and Milne, {Markus J}",
    booktitle = "Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007)",
    publisher = "Canterbury University, Auckland",

    }

    Mir, M & Chatterjee, B 2007, An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries. in S Lawrence & MJ Milne (eds), Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007). Canterbury University, Auckland, Auckland, New Zealand, pp. 1-52, The Fifth Asia Pacific Interdisciplinary Research in Accounting Conference, Auckland, New Zealand, 8/07/07.

    An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries. / Mir, Monir; Chatterjee, Bikram.

    Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007). ed. / Stewart Lawrence; Markus J Milne. Auckland, New Zealand : Canterbury University, Auckland, 2007. p. 1-52.

    Research output: A Conference proceeding or a Chapter in BookConference contribution

    TY - GEN

    T1 - An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries

    AU - Mir, Monir

    AU - Chatterjee, Bikram

    PY - 2007

    Y1 - 2007

    N2 - Following Hofstede’s (1980, 1991, 2001) and Gray’s (1988) propositions on the effects of cultural variables on accounting disclosure practices it is expected that annual reports of a transparent value oriented country would provide more voluntary disclosure compared to a secretive value oriented country. This study investigated the proposition that India having more secretive culture compared to New Zealand, the chairpersons’ statements in the annual reports of the Indian companies would disclose less information compared to the chairpersons’ statements in the annual reports of the New Zealand companies. However, the evidence as provided in the study on the contrary suggests that Indian companies in fact, provided more voluntary information in their Chairpersons’ statement compared to their New Zealand counterparts. The study argues that voluntary disclosure (chairpersons’ report itself is voluntary) is a complex phenomenon and cultural variables alone are not capable of predicting voluntary disclosure practices of a country as these practices are also influenced by other organisational antecedents, such as environmental conditions, industry norms and market competition.

    AB - Following Hofstede’s (1980, 1991, 2001) and Gray’s (1988) propositions on the effects of cultural variables on accounting disclosure practices it is expected that annual reports of a transparent value oriented country would provide more voluntary disclosure compared to a secretive value oriented country. This study investigated the proposition that India having more secretive culture compared to New Zealand, the chairpersons’ statements in the annual reports of the Indian companies would disclose less information compared to the chairpersons’ statements in the annual reports of the New Zealand companies. However, the evidence as provided in the study on the contrary suggests that Indian companies in fact, provided more voluntary information in their Chairpersons’ statement compared to their New Zealand counterparts. The study argues that voluntary disclosure (chairpersons’ report itself is voluntary) is a complex phenomenon and cultural variables alone are not capable of predicting voluntary disclosure practices of a country as these practices are also influenced by other organisational antecedents, such as environmental conditions, industry norms and market competition.

    KW - http://www.bsec.canterbury.ac.nz/apira2007/proceedings.html

    M3 - Conference contribution

    SP - 1

    EP - 52

    BT - Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007)

    A2 - Lawrence, Stewart

    A2 - Milne, Markus J

    PB - Canterbury University, Auckland

    CY - Auckland, New Zealand

    ER -

    Mir M, Chatterjee B. An empirical investigation of chairperson's report - A comparison between secretive and transparent value oriented countries. In Lawrence S, Milne MJ, editors, Fifth Asia Pacific Interdisciplinary Research in Accounting Conference (APIRA 2007). Auckland, New Zealand: Canterbury University, Auckland. 2007. p. 1-52