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A literature survey of financial reporting in private firms

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  • Habib, A.
  • Ranasinghe, D.
  • Huang, H.J.

Abstract

This paper provides a survey of the empirical literature on financial reporting in private firms. Although private firms play a dominant role in country-level economic development, research on their financial reporting is limited. The survey reveals that there remains uncertainty as to the purpose of financial reporting in private firms which is also reflected in the current body of the empirical literature. The survey provides implications for regulators with respect to regulating the financial reporting of private firms. The survey also identifies some limitations of existing research and offers potential avenues for future research.

Suggested Citation

  • Habib, A. & Ranasinghe, D. & Huang, H.J., 2018. "A literature survey of financial reporting in private firms," Research in Accounting Regulation, Elsevier, vol. 30(1), pages 31-37.
    • Handle: RePEc:eee:reacre:v:30:y:2018:i:1:p:31-37
    DOI: 10.1016/j.racreg.2018.03.005
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    Cited by:

    1. Bauman, Mark P. & Shaw, Kenneth W., 2018. "Value relevance of customer-related intangible assets," Research in Accounting Regulation, Elsevier, vol. 30(2), pages 95-102.
    2. Youssef Saida, 2021. "Predicting the Virtual Financial Communication Content: A Discriminant Analysis Applied on Small and Medium Stocks," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(11), pages 156-156, July.
    3. Dinithi Ranasinghe, 2021. "Managerial entrenchment, financial constraints, and investment choice in unlisted firms," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 258-270, January.

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