Skip to content
Back to outputs

Managers' incentives for issuing cash flow forecasts

Research output: Contribution to journalArticle

Standard

Managers' incentives for issuing cash flow forecasts. / Abed, Suzan; Roberts, Clare; Hussainey, Khaled.

In: International Journal of Accounting, Auditing and Performance Evaluation, Vol. 10, No. 2, 01.01.2014, p. 133–152.

Research output: Contribution to journalArticle

Harvard

Abed, S, Roberts, C & Hussainey, K 2014, 'Managers' incentives for issuing cash flow forecasts', International Journal of Accounting, Auditing and Performance Evaluation, vol. 10, no. 2, pp. 133–152. https://doi.org/10.1504/IJAAPE.2014.060202

APA

Abed, S., Roberts, C., & Hussainey, K. (2014). Managers' incentives for issuing cash flow forecasts. International Journal of Accounting, Auditing and Performance Evaluation, 10(2), 133–152. https://doi.org/10.1504/IJAAPE.2014.060202

Vancouver

Abed S, Roberts C, Hussainey K. Managers' incentives for issuing cash flow forecasts. International Journal of Accounting, Auditing and Performance Evaluation. 2014 Jan 1;10(2):133–152. https://doi.org/10.1504/IJAAPE.2014.060202

Author

Abed, Suzan ; Roberts, Clare ; Hussainey, Khaled. / Managers' incentives for issuing cash flow forecasts. In: International Journal of Accounting, Auditing and Performance Evaluation. 2014 ; Vol. 10, No. 2. pp. 133–152.

Bibtex

@article{64db828e246c4cf1bd3e5bb3b601451b,
title = "Managers' incentives for issuing cash flow forecasts",
abstract = "This study examines a recent change in voluntary disclosure by investigating the issuance of management cash flow forecasts for a sample of 690 UK non-financial firm-year observations which are drawn from the top 500 UK listed firms by total market capitalization as listed by Financial Times on 30 March 2007. Automated content analysis is used to search for cash flow forecasts in annual reports narratives using QSR NVivo 8. The results of regression analysis provide support for institutional theory that companies try to imitate the disclosure practices of other companies in the same industry. Also, the results document that operating cash flow, industry behaviour, cross-listing, and company size are positively and significantly related to disclosure of cash flow forecasts, whereas performance and competition rate are negatively and significantly related to disclosure of cash flow forecasts. However, the results fail to find any significant relationship between normative or coercive isomorphism proxies and disclosure of cash flow forecasts.",
keywords = "Narrative disclosure, Cash flow forecasts, Industry behaviour, Imitation, Leadership, mimetic isomorphism, normative isomorphism, coercive isomorphism, automated content analysis, institutional theory, forward-looking information, panel data, QSR NVivo 8",
author = "Suzan Abed and Clare Roberts and Khaled Hussainey",
note = "This is an Accepted Manuscript of an article published in International Journal of Accounting, Auditing and Performance Evaluation on (2014), available online: http://dx.doi.org/10.1504/IJAAPE.2014.060202",
year = "2014",
month = "1",
day = "1",
doi = "10.1504/IJAAPE.2014.060202",
language = "English",
volume = "10",
pages = "133–152",
journal = "International Journal of Accounting, Auditing and Performance Evaluation",
issn = "1740-8008",
publisher = "Inderscience",
number = "2",

}

RIS

TY - JOUR

T1 - Managers' incentives for issuing cash flow forecasts

AU - Abed, Suzan

AU - Roberts, Clare

AU - Hussainey, Khaled

N1 - This is an Accepted Manuscript of an article published in International Journal of Accounting, Auditing and Performance Evaluation on (2014), available online: http://dx.doi.org/10.1504/IJAAPE.2014.060202

PY - 2014/1/1

Y1 - 2014/1/1

N2 - This study examines a recent change in voluntary disclosure by investigating the issuance of management cash flow forecasts for a sample of 690 UK non-financial firm-year observations which are drawn from the top 500 UK listed firms by total market capitalization as listed by Financial Times on 30 March 2007. Automated content analysis is used to search for cash flow forecasts in annual reports narratives using QSR NVivo 8. The results of regression analysis provide support for institutional theory that companies try to imitate the disclosure practices of other companies in the same industry. Also, the results document that operating cash flow, industry behaviour, cross-listing, and company size are positively and significantly related to disclosure of cash flow forecasts, whereas performance and competition rate are negatively and significantly related to disclosure of cash flow forecasts. However, the results fail to find any significant relationship between normative or coercive isomorphism proxies and disclosure of cash flow forecasts.

AB - This study examines a recent change in voluntary disclosure by investigating the issuance of management cash flow forecasts for a sample of 690 UK non-financial firm-year observations which are drawn from the top 500 UK listed firms by total market capitalization as listed by Financial Times on 30 March 2007. Automated content analysis is used to search for cash flow forecasts in annual reports narratives using QSR NVivo 8. The results of regression analysis provide support for institutional theory that companies try to imitate the disclosure practices of other companies in the same industry. Also, the results document that operating cash flow, industry behaviour, cross-listing, and company size are positively and significantly related to disclosure of cash flow forecasts, whereas performance and competition rate are negatively and significantly related to disclosure of cash flow forecasts. However, the results fail to find any significant relationship between normative or coercive isomorphism proxies and disclosure of cash flow forecasts.

KW - Narrative disclosure

KW - Cash flow forecasts

KW - Industry behaviour

KW - Imitation

KW - Leadership

KW - mimetic isomorphism

KW - normative isomorphism

KW - coercive isomorphism

KW - automated content analysis

KW - institutional theory

KW - forward-looking information

KW - panel data

KW - QSR NVivo 8

U2 - 10.1504/IJAAPE.2014.060202

DO - 10.1504/IJAAPE.2014.060202

M3 - Article

VL - 10

SP - 133

EP - 152

JO - International Journal of Accounting, Auditing and Performance Evaluation

JF - International Journal of Accounting, Auditing and Performance Evaluation

SN - 1740-8008

IS - 2

ER -

ID: 4565576