RT Journal Article
T1 The role of users' engagement in shaping financial reporting: should activists target accounting more?
A1 García Osma, Beatriz
A1 Grande Herrera, Cristina
AB We define accounting engagement as stakeholders actions taken with the intention of influencing corporate reporting. Using this definition, we review the literature on such activism and discuss avenues for research. The evidence reviewed suggests accounting engagement is rare. We reflect on the reasons of this, given evidence on increasing overt engagement on other corporate issues, such as managerial compensation and governance, social, and environmental responsibility. Both information production and information acquisition costs have decreased over time, raising further questions about why engagement has not increased. We consider potential reasons linked to concerns over whether financial reporting meets users information needs, particularly, given the emergence of new users and the role of new technologies in the diffusion and processing of information. These concerns have accompanied claims of increasing complexity of financial accounting and the threat of information overload.
PB Routledge
SN 0001-4788
YR 2021
FD 2021-10-01
LK https://hdl.handle.net/10016/35382
UL https://hdl.handle.net/10016/35382
LA eng
NO Financial assistance has been provided by ICAEW, the Spanish Ministry of Science (ECO2016-77579 and PID2019-111143GB-C33), and Comunidad de Madrid (Programa Excelencia para el Profesorado Universitario, V Plan Regional de Investigación Científica e Innovación Tecnológica).
DS e-Archivo
RD 1 sept. 2024