Work

Transparency in Financial Statements (IAS/IFRS)

Year: 2009

Type: article

Abstract: The provision of transparent and useful information on market partici-pants and their transaction is essential for an orderly and efficient market, and it is one of the most important preconditions for imposing market discipline. Left to themselves, markets may not generate sufficient levels of disclosure. Market forces would normally balance the marginal benefits and marginal costs of addi-tional information disclosure and the end result may not be what the market par-ticipants really need.

Source: EUROPEAN RESEARCH STUDIES JOURNAL

DOI: 10.35808/ersj/212

Authors: Gheorghe, Mironela Pirnau

Language: English

Topic: Auditing, Earnings Management, Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W91543670

FWCI: 1.457

Cites: 1

Cited by: 18

Related to: 10