Shields, K, Clacher, I orcid.org/0000-0002-8892-6697 and Zhang, Q (2019) Negative Tone in Lobbying the International Accounting Standards Board. International Journal of Accounting, 54 (03). 1950010. ISSN 1094-4060
Abstract
With the aid of computerized sentiment analysis, this paper analyzes the role of constituents’ comment letters in the process of setting international financial reporting standards for financial instruments. Whilst explicit agreement in comment letters is associated with the board’s decision to proceed with its proposed course of action, we find no consistent evidence that explicitly stated disagreement has an impact on the resulting accounting standard. Using context-specific dictionaries, we find that increased levels of negative tone in comment letters increase the probability of the board subsequently abandoning a proposed course of action. Capturing dissent through negative tone facilitates large-scale analysis, and we show that the financial industry has been less successful than other constituents in its lobbying efforts through comment letters.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | This article is protected by copyright. This is an author produced version of a paper published in International Journal of Accounting. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | IASB; IFRS; international accounting; financial instruments; lobbying |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 26 Apr 2019 10:24 |
Last Modified: | 17 Nov 2020 11:21 |
Status: | Published |
Publisher: | World Scientific Publishing |
Identification Number: | 10.1142/S1094406019500100 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:145348 |