Reporting strategies: What makes family firms beat around the bush? Family-related antecedents of annual report readability
Tài liệu tham khảo
Achleitner, 2014, Real earnings management and accrual-based earnings management in family firms, European Accounting Review, 23, 431, 10.1080/09638180.2014.895620
Agusman, 2008, Accounting and capital market measures of risk: Evidence from Asian banks during 1998–2003, Journal of Banking and Finance, 32, 480, 10.1016/j.jbankfin.2006.06.018
Ali, 2007, Corporate disclosures by family firms, Journal of Accounting and Economics, 44, 238, 10.1016/j.jacceco.2007.01.006
Anderson, 2003, Founding-family ownership and firm performance: Evidence from the S&P 300, Journal of Finance, 58, 1301, 10.1111/1540-6261.00567
Astrachan, 2002, The F-PEC scale of family influence: A proposal for solving the family business definition problem, Family Business Review, 15, 45, 10.1111/j.1741-6248.2002.00045.x
Audretsch, 2013, Families as active monitors of firm performance, Journal of Family Business Strategy, 4, 118, 10.1016/j.jfbs.2013.02.002
Berrone, 2012, Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches and agenda for future research, Family Business Review, 25, 258, 10.1177/0894486511435355
Berry, 2010, An institutional approach to cross-national distance, Journal of International Business Studies, 41, 1460, 10.1057/jibs.2010.28
Bertrand, 2006, The role of family in family firms, Journal of Economic Perspectives, 20, 73, 10.1257/jep.20.2.73
Binz, 2013, Exploring the effect of distinct family firm reputation on consumers’ preferences, Journal of Family Business Strategy, 4, 3, 10.1016/j.jfbs.2012.12.004
Bloom, 2007, Measuring and explaining management practices across firms and countries, Quarterly Journal of Economics, 122, 1351, 10.1162/qjec.2007.122.4.1351
Bonsall, 2017, The impact of narrative disclosure readability on bond ratings and the cost of debt capital, Review of Accounting Studies, 22, 608, 10.1007/s11142-017-9388-0
Brennan, 2009, Impression management: Developing and illustrating a scheme of analysis for narrative disclosures – A methodological note, Accounting, Auditing and Accountability Journal, 22, 789, 10.1108/09513570910966379
Campopiano, 2015, Corporate social responsibility reporting: A content analysis in family and nonfamily firms, Journal of Business Ethics, 29, 511, 10.1007/s10551-014-2174-z
Cascino, 2010, The influence of family ownership on the quality of accounting information, Family Business Review, 23, 246, 10.1177/0894486510374302
Chen, 2008, Do family firms provide more or less voluntary disclosure?, Journal of Accounting Research, 46, 499, 10.1111/j.1475-679X.2008.00288.x
Chrisman, 2012, Variations in R&D investments of family and non-family firms: Behavioral agency and myopic loss aversion perspectives, Academy of Management Journal, 55, 976, 10.5465/amj.2011.0211
Chrisman, 2007, Family influences on firms: An introduction, Journal of Business Research, 60, 1005, 10.1016/j.jbusres.2007.02.016
Chrisman, 2016, Management processes and strategy execution in family firms: From what to how, Small Business Economics, 47, 719, 10.1007/s11187-016-9772-3
Claessens, 2002, Disentangling the incentive and entrenchment effects of large shareholdings, Journal of Finance, 57, 2741, 10.1111/1540-6261.00511
Courtis, 1995, Readability of annual reports: Western versus Asian evidence, Accounting, Auditing and Accountability Journal, 8, 4, 10.1108/09513579510086795
Courtis, 2004, Corporate report obfuscation: Artefact or phenomenon?, British Accounting Review, 36, 291, 10.1016/j.bar.2004.03.005
Cox, 2007
Craig, 2008, Leveraging family-based brand identity to enhance firm competitiveness and performance in family businesses, Journal of Small Business Management, 46, 351, 10.1111/j.1540-627X.2008.00248.x
Cruz, 2012, Entrepreneurial orientation in family firms: A generational perspective, Small Business Economics, 38, 33, 10.1007/s11187-010-9265-8
Cruz, 2010, Perceptions of benevolence and the design of agency contracts, Academy of Management Journal, 53, 69, 10.5465/amj.2010.48036975
Dawkins, 2013, An exploratory analysis of corporate social responsibility and disclosure, Business & Society, 52, 245, 10.1177/0007650308324047
De Franco, 2015, Analyst report readability, Contemporary Accounting Research, 31, 76, 10.1111/1911-3846.12062
De Massis, 2016, Conflicting selves: Family owners’ multiple goals and self-control agency problems in private firms, Entrepreneurship Theory & Practice
DeAngelo, 1981, Auditor size and auditor quality, Journal of Accounting and Economics, 3, 183, 10.1016/0165-4101(81)90002-1
Deephouse, 2013, Do family firms have better reputations than non-family firms? An integration of socioemotional wealth and social identity theories, Journal of Management Studies, 50, 337, 10.1111/joms.12015
Dyer, 2006, Family firms and social responsibility: Preliminary evidence from the S&P 500, Entrepreneurship Theory and Practice, 30, 785, 10.1111/j.1540-6520.2006.00151.x
Ensley, 2005, A comparison of the behavioral processes of top management teams in family and non-family firms: Cohesion, conflict, potency, and consensus, Entrepreneurship: Theory and Practice, 29, 267
Ertugrul, 2017, Annual report readability, tone ambiguity, and the cost of borrowing, Journal of Financial and Quantitative Analysis, 52, 811, 10.1017/S0022109017000187
Gómez-Mejía, 2001, The role of family ties in agency contracts, The Academy of Management Journal, 44, 81
Gómez-Mejía, 2007, Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills, Administrative Science Quarterly, 52, 106, 10.2189/asqu.52.1.106
Gómez-Mejía, 2011, The bind that ties: Socioemotional wealth preservation in family firms, Academy of Management Annals, 5, 653, 10.5465/19416520.2011.593320
Gómez-Mejía, 2014, Financial reporting and the protection of socioemotional wealth in family controlled firms, European Accounting Review, 23, 387, 10.1080/09638180.2014.944420
Gómez-Mejía, 2015, In the horns of the dilemma socioemotional wealth, financial wealth, and acquisitions in family firms, Journal of Management, 20, 1
Gallucci, 2015, Does family involvement foster or hinder firm performance? The missing role of family-based branding strategies, Journal of Family Business Strategy, 6, 155, 10.1016/j.jfbs.2015.07.003
Gersick, 1997
Ginesti, 2017, Board connections and management commentary readability: The role of information sharing in Italy, Corporate Governance: The International Journal of Business in Society, 17, 30, 10.1108/CG-01-2016-0015
Glynn, 2002, Institutionalizing identity: Symbolic isomorphism and organizational names, Academy of Management Journal, 45, 267
Guay, 2016, Guiding through the Fog: Financial statement complexity and voluntary disclosure, Journal of Accounting and Economics, 62, 234, 10.1016/j.jacceco.2016.09.001
Guenther, 2016, Stakeholder relevance for reporting: Explanatory factors of carbon disclosure, Business & Society, 55, 361, 10.1177/0007650315575119
Guillamon-Saorin, 2017, Impression management and non-GAAP disclosure in earnings announcements, Journal of Business Finance & Accounting, 44, 448, 10.1111/jbfa.12238
Gul, 2011, Does board gender diversity improve the informativeness of stock prices?, Journal of Accounting and Economics, 51, 314, 10.1016/j.jacceco.2011.01.005
Gunning, 1968, The fog index after twenty years, Journal of Business Communication, 3
Hofstede, 2001
Hooghiemstra, 2000, Corporate communication and impression management–New perspectives by companies engaged in corporate social reporting, Journal of Business Ethics, 27, 55, 10.1023/A:1006400707757
Hutton, 2007, A discussion of Corporate disclosure by family firms, Journal of Accounting and Economics, 44, 287, 10.1016/j.jacceco.2007.01.004
Hwang, 2017, It pays to write well, Journal of Financial Economics, 124, 373, 10.1016/j.jfineco.2017.01.006
IFB Research Foundation, 2015
Inchausti, 1997, The influence of company characteristics and accounting regulation on information disclosed by Spanish firms, European Accounting Review, 6, 45, 10.1080/096381897336863
Jeanjean, 2010, Why do you speak English in your annual report?, The International Journal of Accounting, 45, 200, 10.1016/j.intacc.2010.04.003
Jeanjean, 2015, Evidence on the impact of adopting English as an external reporting language on foreign investment, information asymmetry, and analyst following, Journal of International Business Studies, 46, 180, 10.1057/jibs.2014.33
Kellermanns, 2004, Feuding families: When conflict does a family firm good, Entrepreneurship Theory and Practice, 28, 209, 10.1111/j.1540-6520.2004.00040.x
Kellermanns, 2006, Corporate entrepreneurship in family firms: A family perspective, Entrepreneurship Theory and Practice, 30, 809, 10.1111/j.1540-6520.2006.00153.x
Kellermanns, 2008, An exploratory study of family member characteristics and involvement: Effects on entrepreneurial behavior in the family firm, Family Business Review, 21, 1, 10.1111/j.1741-6248.2007.00107.x
Klein, 2005, The F-PEC scale of family influence: Construction, validation, and further implication for theory, Entrepreneurship Theory and Practice, 29, 321, 10.1111/j.1540-6520.2005.00086.x
Kowalewski, 2009, Influence of family involvement in management and ownership on firm performance: Evidence from Poland, Family Business Review, 23, 45, 10.1177/0894486509355803
Krappe, 2011, The family business brand: An enquiry into the construction of the image of family businesses, Journal of Family Business Management, 1, 37, 10.1108/20436231111122272
La Porta, 1998, Law and finance, Journal of Political Economy, 106, 1113, 10.1086/250042
Laksmana, 2012, Compensation discussion and analysis (CD&A): Readability and management obfuscation, Journal of Accounting and Public Policy, 31, 185, 10.1016/j.jaccpubpol.2011.08.003
Lang, 2015, Textual analysis and international financial reporting: Large sample evidence, Journal of Accounting and Economics, 60, 110, 10.1016/j.jacceco.2015.09.002
Lawrence, 2013, Individual investors and financial disclosure, Journal of Accounting and Economics, 56, 130, 10.1016/j.jacceco.2013.05.001
Le Breton-Miller, 2013, Socioemotional wealth across the family firm life cycle: A commentary on Family Business Survival and the Role of Boards, Entrepreneurship Theory and Practice, 37, 1391, 10.1111/etap.12072
Leary, 1990, Impression management: A literature review and two-component model, Psychological Bulletin, 107, 34, 10.1037/0033-2909.107.1.34
Lehavy, 2011, The effect of annual report readability on analyst following and the properties of their earnings forecasts, The Accounting Review, 86, 1087, 10.2308/accr.00000043
Li, 2008, Annual report readability, current earnings, and earnings persistence, Journal of Accounting and Economics, 45, 221, 10.1016/j.jacceco.2008.02.003
Lo, 2017, Earnings management and annual report readability, Journal of Accounting and Economics, 63, 1, 10.1016/j.jacceco.2016.09.002
Loughran, 2014, Measuring readability in financial disclosure, The Journal of Finance, 69, 1643, 10.1111/jofi.12162
Loughran, 2016, Textual analysis in accounting and finance: A survey, Journal of Accounting Research, 54, 1187, 10.1111/1475-679X.12123
Lundholm, 2014, Restoring the Tower of Babel: How foreign firms communicate with U.S investors, The Accounting Review, 89, 1453, 10.2308/accr-50725
Ma, 2015, Corporate opacity and cost of debt for family firms, European Accounting Review, 26, 27, 10.1080/09638180.2015.1087868
Martin, 2016, Family control: Socioemotional wealth and earnings management in publicly traded firms, Journal of Business Ethics, 133, 453, 10.1007/s10551-014-2403-5
Mazzi, 2011, Family business and financial performance: Current state of knowledge and future research challenges, Journal of Family Business Strategy, 2, 166, 10.1016/j.jfbs.2011.07.001
Mazzola, 2013, Non-linear effects of family sources of power on performance, Journal of Business Research, 66, 568, 10.1016/j.jbusres.2012.01.005
Mercer, 2004, How do investors assess the credibility of management disclosures?, Accounting Horizons, 18, 185, 10.2308/acch.2004.18.3.185
Merkl-Davies, 2007, Discretionary disclosure strategies in corporate narratives: Incremental information or impression management?, Journal of Accounting Literature, 26, 116
Micelotta, 2011, Concealing or revealing the family? Corporate brand identity strategies in family firms, Family Business Review, 24, 197, 10.1177/0894486511407321
Nardo, 2005, 3
Pazzaglia, 2013, Earnings quality in acquired and nonacquired family firms: A socioemotional wealth perspective, Family Business Review, 26, 374, 10.1177/0894486513486343
Pongelli, 2016, Family business going abroad: The effect of family ownership on foreign market entry mode decisions, Small Business Economics, 47, 787, 10.1007/s11187-016-9763-4
Poutziouris, 2015, Family involvement and firm performance: Evidence from UK listed firms, Journal of Family Business Strategy, 6, 14, 10.1016/j.jfbs.2014.12.001
Prencipe, 2008, Earnings management in family firms: Evidence from R&D cost capitalization in Italy, Family Business Review, 21, 71, 10.1111/j.1741-6248.2007.00112.x
Prencipe, 2014, Accounting research in family firms: Theoretical and empirical challenges, European Accounting Review, 23, 361, 10.1080/09638180.2014.895621
Rennekamp, 2012, Processing fluency and investors’ reactions to disclosure readability, Journal of Accounting Research, 50, 1319, 10.1111/j.1475-679X.2012.00460.x
Robb, 2001, Nonfinancial disclosures across Anglo-American countries, Journal of International Accounting, 10, 71
Sacristán-Navarro, 2011, Family ownership and control, the presence of other large shareholders, and firm performance: Further evidence, Family Business Review, 24, 71, 10.1177/0894486510396705
Salvato, 2010, Research on accounting in family firms: Past achievements and future challenges, Family Business Review, 23, 193, 10.1177/0894486510375069
Sciascia, 2008, Family involvement in ownership and management: Exploring nonlinear effects on performance, Family Business Review, 21, 331, 10.1177/08944865080210040105
Sciascia, 2014, Family management and profitability in private family-owned firms: Introducing generational stage and the socioemotional wealth perspective?, Journal of Family Business Strategy, 5, 131, 10.1016/j.jfbs.2014.03.001
Shujun, 2011, Accounting properties of Chinese family firms, Journal of Accounting, Auditing & Finance, 26, 623, 10.1177/0148558X11409147
Songini, 2013, The role and impact of accounting in family business, Journal of Family Business Strategy, 4, 71, 10.1016/j.jfbs.2013.04.002
Sraer, 2007, Performance and behavior of family firms: Evidence from the French stock market, Journal of the European Economic Association, 5, 709, 10.1162/JEEA.2007.5.4.709
Stanton, 2002, Corporate annual reports: Research perspectives used, Accounting, Auditing & Accountability Journal, 15, 478, 10.1108/09513570210440568
Stockmans, 2010, Socioemotional wealth and earnings management in private family firms, Family Business Review, 23, 280, 10.1177/0894486510374457
Stone, 2011, Readability of accountants’ communications with small business: Some Australian evidence, Accounting Forum, 35, 247, 10.1016/j.accfor.2010.12.001
Van Gils, 2004, Environmental uncertainty and strategic behavior in Belgian family firms, European Management Journal, 22, 588, 10.1016/j.emj.2004.09.015
Villalonga, 2006, How do family ownership, control and management affect firm value?, Journal of Financial Economics, 80, 385, 10.1016/j.jfineco.2004.12.005
Volpin, 2002, Governance with poor investor protection: Evidence from top executive turnover in Italy, Journal of Financial Economics, 64, 61, 10.1016/S0304-405X(02)00071-5
Wiseman, 1998, A behavioral agency model of managerial risk taking, Academy of Management Review, 23, 133, 10.2307/259103
Zellweger, 2010, Exploring the concept of familiness: Introducing family firm identity, Journal of Family Business Strategy, 1, 54, 10.1016/j.jfbs.2009.12.003
Zellweger, 2011, Family control and family firm valuation by family CEOs, Organization Science, 23, 851, 10.1287/orsc.1110.0665
Zellweger, 2013, Why do family firms strive for nonfinancial goals? An organizational identity perspective, Entrepreneurship Theory and Practice, 37, 229, 10.1111/j.1540-6520.2011.00466.x