Thesis (Ph.D.) - University of Glasgow, 1992. / Ph.D. submitted the Department of Accounting and Finance, University of Glasgow. Includes bibliographical references. Print version also available.

Thesis (D. Min.)--Gordon-Conwell Theological Seminary, South Hamilton, MA, 2003. / Abstract and vita. Includes bibliographical references (leaves 121-125).

Thesis--University of Wisconsin--Madison. / Typescript. Vita. Includes bibliographical references (leaves 96-99).

Thesis (Ph. D.)--University of Wisconsin--Madison, 1971. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references (leaves 166-171).

Thesis (Ph. D.)--University of Texas at Austin, 2005. / Supervisor: Ross Jennings. Vita. Includes bibliographical references. Also available from UMI.

Thesis (D. Min.)--Gordon-Conwell Theological Seminary, South Hamilton, MA, 2003. / Abstract and vita. Includes bibliographical references (leaves 121-125).

Company law has made a major contribution to the industrial and economic development of capitalist countries. This thesis seeks to explore an important aspect at the heart of UK company law - disclosure of information by limited liability companies. The importance of disclosure lies in the fact that since the early days of the formation of joint stock companies, law makers have relied on disclosure as a means of protecting investors, creditors and others persons dealing with a company. This thesis examines disclosure of information in some chosen areas in UK company law. In each of the chosen areas the thesis examines the reasons why companies are required to disclose information to investors, creditors, employees and, to some extent, members of the public. It makes a brief summary of the information required to be disclosed in each area. It then goes on to make an assessment of the usefulness and effectiveness of the disclosure requirements and policies. Problem areas are identified and possible solutions are noted. The work is divided into five chapters. Chapter One is a general discourse of the various arguments for and against disclosure of information to various users of information. The other chapters discuss disclosure in relation to each chosen area. Chapter Two concerns public documents of limited companies. It examines the significance of disclosure of information in public documents in the light of the abolition of the ultra vires doctrine and the doctrine of constructive notice. Chapter Three deals with accounts. The reasons for financial reporting and some problems relating to financial reporting are at the heart of this chapter. Chapter Four examines directors' fiduciary duties. The reasons for imposing fiduciary duties on directors, problems faced by shareholders in monitoring company management and insider dealing are discussed. Chapter Five concerns takeovers. The importance of disclosure of information in a takeover and the measures taken by the City Panel on Takeovers and Mergers to protect shareholders of the target company are the basis of this chapter. Finally, the thesis ends with a General Conclusion which brings together the conclusions drawn from each chapter.

Dissertação (mestrado)—Universidade de Brasília, Universidade Federal da Paraíba, Universidade Federal do Rio Grande do Norte, Programa Multiinstitucional e Inter-Regional de Pós-Graduação em Ciências Contábeis, 2014. / Submitted by Ana Cristina Barbosa da Silva (annabds@hotmail.com) on 2014-10-13T19:25:47Z No. of bitstreams: 1 2014_RobertoSilvadaPenha.pdf: 470394 bytes, checksum: 56caa4d62a3963480ed8f50764476648 (MD5) / Approved for entry into archive by Tania Milca Carvalho Malheiros(tania@bce.unb.br) on 2014-10-15T15:14:26Z (GMT) No. of bitstreams: 1 2014_RobertoSilvadaPenha.pdf: 470394 bytes, checksum: 56caa4d62a3963480ed8f50764476648 (MD5) / Made available in DSpace on 2014-10-15T15:14:26Z (GMT). No. of bitstreams: 1 2014_RobertoSilvadaPenha.pdf: 470394 bytes, checksum: 56caa4d62a3963480ed8f50764476648 (MD5) / O objetivo deste trabalho foi verificar o nível de disclosure das empresas com perda de recuperabilidade de ativos à luz do CPC 01 e o impacto da perda nos indicadores econômico financeiros no período de 2009 a 2012. A fim de atingir esse objetivo, foi elaborada uma listade quesitos que as empresas devem divulgar nas notas explicativas a partir do CPC 01 (R1).Após analisadas as notas explicativas, foi atribuído um índice de disclosure para cada uma das empresas de 2009 a 2012. Para verificar o impacto da perda nos indicadores econômico financeiros,foram utilizados os seguintes indicadores: participação de capitais de terceiros(PCT); imobilização do patrimônio líquido (IPL); imobilização dos recursos não correntes(IRNC); giro do ativo (GA); margem líquida (ML); retorno sobre o ativo (RSA); retorno sobre o patrimônio líquido (RSPL) e lucro por ação (L/A). A partir desses indicadores, os cálculos levaram em consideração os valores com impacto da perda (CIP) e sem impacto da perda (SIP). Com esses indicadores levantados, aplicou-se o teste não paramétrico deWilcoxon, a fim de verificar diferenças estatisticamente significativas de um indicador CIP em relação ao SIP. Este teste leva em consideração a magnitude das diferenças dos dois grupos e os resultados do teste têm um nível de 95% de confiabilidade. Os resultados do nível dedisclosure apontaram para um baixo índice de conformidade, salvo exceções, visto, no ano de 2010, das 9 empresas analisadas, apenas 2 tiveram atendimento integral aos quesitos, em 2011 repetiu-se tal situação e, em 2012, das 12 empresas analisadas, apenas 2 atenderam plenamente ao proposto pelo CPC 01 (R1). Apesar desse baixo nível de disclosure, foi constatada uma melhora do nível de 2009 até 2012. Quanto ao impacto nos indicadores econômico-financeiros, houve diferenças estatisticamente significantes ao nível de 5% no indicador ML em 2009 e nos indicadores PCT, GA, ML, RSA, RSPL e L/A em 2012.Levando-se em consideração que foram executados 32 testes, pois foram 8 indicadores analisados durante 4 anos, dos quais apenas 7 tiveram diferenças estatísticas significativas ao nível de 5%, representando apenas 21,88% do total dos testes, esses resultados sugerem, que para as empresas analisadas no período, o reconhecimento dos valores recuperáveis dos ativos nas demonstrações financeiras não trouxe impactos relevantes na análise, a partir dos indicadores econômico-financeiros. ______________________________________________________________________________ ABSTRACT / This study aimed to verify the disclosure_level of companies with impairment of assets loss inthe light of CPC 01 and the impact of loss on economic and financial indicators in the period2009-2012._ To achieve this goal, a list of questions that companies should disclose in theexplanatory notes from the CPC 01 (R1) was created. After analyzed the explanatory notes,an index of disclosure was assigned for each one of the companies from 2009 to 2012._Toverify the impact of the loss on economic and financial indicators, the following indicatorswere used: participation of third party capital; immobilization in equity; immobilization ofnon-current resources; asset turnover; net margin; return on assets; return on equity andearnings per share. From these indicators, the calculations took into account the values withloss impact (CIP) and without loss impact (SIP). With these raised indicators, the Wilcoxontest was applied in order to verify statistically significant differences in a CIP indicator inrelation to the SIP. This test takes into account the magnitude of the differences of the twogroups and the test results have a 95% level of confidence. The results of the disclosure levelindicated a low level of compliance, with some exceptions, as in the year 2010, from the 9companies analyzed, only 2 had full compliance to the questions, in 2011 this situation wasrepeated and, in 2012, from the 12 companies analyzed, only 2 fully met the proposed byCPC 01 (R1)._Despite this low disclosure level, an improvement in the level of 2009 until2012 was found._ Regarding the impact on economic and financial indicators, there werestatistically significant differences at the 5% level in the indicator ML in 2009 and in theindicators PCT, GA, ML, RSA, RSPL and L/A in 2012._Taking into account that 32 testswere performed, as were 8 indicators analyzed over 4 years, of which only 7 were statisticallysignificant differences at 5%, representing only 21.88% of total tests, these results suggestthat for the companies analyzed in the period, the recognition of the recoverable amounts ofthe assets in the financial statements did not bring significant impacts in the analysis, from theeconomic and financial indicators

Regulators and the general public frequently advocate for higher-quality disclosure policies to reduce information asymmetry. Research and anecdotal evidence documents sizable benefits to firms that maintain high quality disclosure. This thesis explores the costs and benefits of changing disclosure quality from the perspective of the financial analysts, a sophisticated user group. This thesis presents a comprehensive view of analysts’ evaluations of disclosure quality. I investigate capital market reaction when firms experience a sustained decrease in analyst disclosure ratings. The results demonstrate that firms with deteriorating disclosure experience negative consequences, consistent with increasing information asymmetry. However, the magnitude is not as large as expected given the benefits enjoyed when disclosure quality improves. Given that firms that allow their disclosure quality to decline give up benefits they previously enjoy, I investigate why they allow this decline to occur. The deterioration is negatively associated with the interaction between capital demand and expected earnings performance implying that when firms require capital, but are expecting poor future earnings, they are more likely to permit a deterioration to occur. Declines are also associated with the occurrence of various disruptive events that imply greater uncertainty about the firm. These firms have a strong demand for external capital which they satisfy by accessing private and public debt markets. Overall, firms that experience disclosure ratings declines are not a mirror image of firms that experience ratings increases. Finally, I investigate the association between the disclosure ratings and quantitative disclosure characteristics. The results indicate significant associations, consistent with the assumption that easily accessible and quantifiable disclosure measures are captured in analysts’ ratings of disclosure quality. This thesis adds to the literature by providing insight into how analysts evaluate disclosure quality and what managers are willing and able to deliver. The research documents attributes of disclosure quality that are regarded as important by financial analysts. While analysts are a key set of financial statement users, there are many other types of users. By understanding disclosure quality from a user's perspective, regulators and researchers are more able to anticipate the implications of a proposed change in disclosure rules. / Business, Sauder School of / Graduate

The paper is a study of the effectiveness of videotape models used to stimulate self-disclosure among subjects in a counseling analogy. In particular, it examines the relative effectiveness of same-sex and opposite-sex models among male and female subjects. A secondary purpose is to discuss the usefulness of such modeling as a precounseling treatment. Twenty-four male and 24 female university students viewed one of four videotape models: same-sex, low-disclosing; same-sex, high-disclosing; opposite-sex, low-disclosing; or opposite-sex, high-disclosing. The subjects were then .v asked to discuss the three topics which were discussed by the models; school life, family life, and social life. Their discussions were scored in three 4-minute periods for number of self-disclosing statements. Subjects also rated the models on four scales: intimacy, masculinity, liking, and psychological adjustment. Modeling high self-disclosure was seen to be effective in stimulating subjects to make more self-disclosing statements in their own discussions. Opposite-sex models of high self-disclosure were more effective than were same-sex models for both male and female subjects. Overall, female subjects self-disclosed more than did males. Erratic rates of self- disclosure over time were observed among subjects who viewed a highly self-disclosing model. Several unpredicted but statistically significant results were obtained, particularly from analyses of variance of the ratings subjects made of the models. These results tended to suggest some evidence of sex-role stereotyping of the models' self-disclosing behavior. The validity of some of the findings from the study was also questioned in the light of these unpredicted results. Suggestion is made for further study; in particular, replication of the study with controls on certain variables is recommended. The paper includes a discussion of the applicability of videotape modeling of self-disclosure as a precounseling treatment. While there are indications that such modeling is effective in an experimental setting, further study of its refinements is suggested. Finally, consideration is given to the ethical implications of such precounseling treatments, particularly for the existential or non-directive counselor. / Education, Faculty of / Graduate