FRS13 and corporate governance: a fund management perspective

TY - JOUR

T1 - FRS13 and corporate governance: a fund management perspective

AU - Mallin, Chris

AU - Dunne, Theresa

AU - Helliar, Christine

AU - Ow-Yong, Kean

N1 - dc.publisher: Emerald

PY - 2004

Y1 - 2004

N2 - The use of derivative instruments such as futures, options and swaps has become increasingly widespread in the last twenty years, particularly among large companies in economies with well-developed financial markets. This paper examines the impact of Financial Reporting Standard 13: Derivatives and Other Financial Instruments – Disclosures (FRS 13 hereafter) on isues relating to corporate governance. In particular, the researchers employ an interview survey to investigate: (i) UK institutional investors’ general attitudes towards the recent introduction of FRS 13; and (ii) whether the introduction of FRS 13 has any implications for corporate governance. The results to date indicate that institutional investors may not be treated as a homogeneous group with respect to their expressed views of FRS 13.

AB - The use of derivative instruments such as futures, options and swaps has become increasingly widespread in the last twenty years, particularly among large companies in economies with well-developed financial markets. This paper examines the impact of Financial Reporting Standard 13: Derivatives and Other Financial Instruments – Disclosures (FRS 13 hereafter) on isues relating to corporate governance. In particular, the researchers employ an interview survey to investigate: (i) UK institutional investors’ general attitudes towards the recent introduction of FRS 13; and (ii) whether the introduction of FRS 13 has any implications for corporate governance. The results to date indicate that institutional investors may not be treated as a homogeneous group with respect to their expressed views of FRS 13.

KW - Corporate governance

KW - Financial reporting

KW - Fund management

U2 - 10.1108/11766090410813346

DO - 10.1108/11766090410813346

M3 - Article

SN - 1176-6093

VL - 1

SP - 17

EP - 42

JO - Qualitative Research in Accounting & Management

JF - Qualitative Research in Accounting & Management

IS - 2

ER -