IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v14y1983i1p63-84.html
   My bibliography  Save this article

The Utility of Annual Reports: An International Study

Author

Listed:
  • Lucia S Chang

    (Florida International University)

  • Kenneth S Most

    (Florida International University)

  • Carlos W Brain

    (Florida International University)

Abstract

This article reports on major study which is part of ongoing international research into the use and usefulness of financial statements for investment decisions. The survey reported covered 4,000 individual investors, 900 institutional investors and 900 financial analysts, in 3 countries. It was found that the 3 groups in all 3 countries revealed a strong belief in the importance of financial statements for investment decisions whether “buy” or “hold/sell.” It was also found that the individual investor group was far less homogeneous than previous research has assumed, and that cultural or social differences between countries do exist in this field.© 1983 JIBS. Journal of International Business Studies (1983) 14, 63–84

Suggested Citation

  • Lucia S Chang & Kenneth S Most & Carlos W Brain, 1983. "The Utility of Annual Reports: An International Study," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 14(1), pages 63-84, March.
    • Handle: RePEc:pal:jintbs:v:14:y:1983:i:1:p:63-84
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v14/n1/pdf/8490507a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jibs/journal/v14/n1/full/8490507a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stolowy, Hervé & Jeanjean, Thomas & Erkens, Michael, 2011. "The economic consequences of increasing the international visibility of financial reports," HEC Research Papers Series 957, HEC Paris.
    2. Pallab Kumar Biswas & Swapan Kumar Bala, 2016. "Usefulness of corporate annual reports to individual investors in Bangladesh," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 13(2), pages 97-116, May.
    3. Joëlle Carcreff, 1999. "Le Traitement De L'Information Comptable Par Les Banques De Donnees : Peut-On Parler D'Effet 'Database' En Analyse Financiere Et Dans La Recherche Empirique?," Post-Print halshs-00587749, HAL.
    4. Vergoossen, R.G.A., 1992. "The use and perceived importance of annual reports by investment analysts in the Netherlands," Serie Research Memoranda 0024, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    5. Issa Dawd & Bruce Burton & Theresa Dunne & Hesham Almujamed, 2018. "Corporate reporting and disclosures in the emerging capital market of Kuwait: the perceptions of users and preparers," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 15(2), pages 61-72, May.
    6. Jeanjean, Thomas & Lesage, Cédric & Stolowy, Hervé, 2010. "Why do you speak English (in your annual report)?," The International Journal of Accounting, Elsevier, vol. 45(2), pages 200-223, June.
    7. Siriluck Sutthachai & Terence E. Cooke, 2009. "An Analysis of Thai Financial Reporting Practices and the Impact of the 1997 Economic Crisis," Abacus, Accounting Foundation, University of Sydney, vol. 45(4), pages 493-517, December.
    8. Hellman, Niclas, 2002. "Information use in institutional investor organizations," SSE/EFI Working Paper Series in Business Administration 2002:19, Stockholm School of Economics.
    9. Hora, Judith A. & Tondkar, Rasoul H. & McEwen, Ruth Ann, 2003. "Effect of foreign GAAP earnings and Form 20-F reconciliations on revisions of analysts' forecasts," The International Journal of Accounting, Elsevier, vol. 38(1), pages 71-93.
    10. Gaétan Breton & Alain Schatt, 2000. "Rôle et caractérisation de l’analyse financière," Revue d'Économie Financière, Programme National Persée, vol. 59(4), pages 147-161.
    11. Berry, Aidan & Robertson, Jenny, 2006. "Overseas bankers in the UK and their use of information for making lending decisions: Changes from 1985," The British Accounting Review, Elsevier, vol. 38(2), pages 175-191.
    12. Naser Abdelkarim & Yasser A. Shahin & Bayan M. Arquawi, 2009. "Investor Perception of Information Disclosed in Financial Reports of Palestine Securities Exchange Listed Companies," Accounting & Taxation, The Institute for Business and Finance Research, vol. 1(1), pages 45-61.
    13. Sylvain Durocher, 2009. "The future of interpretive accounting research," Qualitative Research in Accounting & Management, Emerald Group Publishing Limited, vol. 6(3), pages 137-159, July.
    14. Baig, Ahmed & DeLisle, R. Jared & Zaynutdinova, Gulnara R., 2022. "Index mutual fund ownership and financial reporting quality," Research in International Business and Finance, Elsevier, vol. 62(C).
    15. Gary K. Meek, 1994. "Discussion of “A Comparison of the Stock Price Response to Earnings Disclosures in the United States and the United Kingdomâ€," Contemporary Accounting Research, John Wiley & Sons, vol. 11(1), pages 85-89, June.
    16. Thomas Jeanjean & Hervé Stolowy & Michael Erkens, 2012. "Economic consequences of adopting English for annual reports," Post-Print hal-00690931, HAL.
    17. Thomas Jeanjean & Hervé Stolowy & Michael Erkens, 2010. "Really “Lost in translation”? The economic consequences of issuing an annual report in English," Post-Print hal-00479511, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:14:y:1983:i:1:p:63-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.