Journal article
Determinants and harmonisation of Asia‐Pacific manufacturing companies' measurement practices
Asian Review of Accounting, Vol.8(2), pp.81-103
2000
Abstract
This paper examines accounting harmonisation and determinants explaining accounting measurement policy choice decisions by Asia-Pacific listed manufacturing companies. Using Thomas' (1991) theoretical framework, four contingent variables (country of reporting, company size, profitability and debt leverage) are examined as possible determinants of firms' accounting choices concerning non-current asset valuation measurement base, goodwill and depreciation. 130 listed manufacturing companies' annual reports were examined from Australia, Hong Kong, Indonesia, Malaysia, and Singapore. This study involves two phases. The first phase evaluates accounting harmonisation measurement indices in comparison with the extant literature. An important innovation is the operationalisation of Archer et. al. (1995) between-country and within-country C indices. Computed comparability indices indicated variations in the level of harmony across the five countries for all three accounting measurement practices. The second phase employed logistic regression to examine possible determinants of accounting policy choice decisions. Such a combined research approach should lead to a better understanding of de facto accounting harmonisation and practices.
Details
- Title
- Determinants and harmonisation of Asia‐Pacific manufacturing companies' measurement practices
- Authors/Creators
- W. Lin Chong (Author/Creator)G. Tower (Author/Creator)R. Taplin (Author/Creator)
- Publication Details
- Asian Review of Accounting, Vol.8(2), pp.81-103
- Publisher
- Emerald Group Publishing Ltd
- Identifiers
- 991005545073907891
- Copyright
- © 2000, MCB UP Limited
- Murdoch Affiliation
- Murdoch University
- Language
- English
- Resource Type
- Journal article
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