Compliance, Determinants and Value Relevance of IFRS Disclosures in Australia: Are Disclosure Requirements Excessive? Saha, Amitav en_US 2022-03-15T11:09:06Z 2022-03-15T11:09:06Z 2015 en_US
dc.description.abstract Despite the positive effects of the adoption of International Financial Reporting Standards (IFRS) noted in the literature, standard-setters have recently issued reports suggesting that the required disclosures in IFRS have become too burdensome and should be reduced. One such report, “Losing the Excess Baggage” (2011; also referred to as “Excess Baggage”), issued by professional accounting bodies from Scotland and New Zealand, classifies current IFRS disclosure requirements into three categories: retain; delete; and disclose only if the item is material. The thesis empirically examines whether the items targeted for deletion, retention or reduction based on materiality by Excess Baggage are disclosed differently, linked differently to firm characteristics, and have different value relevance in an Australian setting. Findings indicate that items marked retain are disclosed most, followed by material, then by delete items. Firm characteristics, such as US listing status, and ownership dispersion, are positively associated with disclosure levels. In addition, while only the material disclosure items are value relevant, the presence of disclosures based on all categories has a moderating effect on value relevance of book value of equity. en_US
dc.language English
dc.language.iso EN en_US
dc.publisher UNSW, Sydney en_US
dc.rights CC BY-NC-ND 3.0 en_US
dc.rights.uri en_US
dc.subject.other Disclosure overload en_US
dc.subject.other Disclosure en_US
dc.subject.other IFRS en_US
dc.title Compliance, Determinants and Value Relevance of IFRS Disclosures in Australia: Are Disclosure Requirements Excessive? en_US
dc.type Thesis en_US
dcterms.accessRights open access
dcterms.rightsHolder Saha, Amitav
dspace.entity.type Publication en_US
unsw.accessRights.uri 2017-12-31 en_US
unsw.description.embargoNote Embargoed until 2017-12-31
unsw.relation.faculty Business
unsw.relation.originalPublicationAffiliation Saha, Amitav, Accounting, Australian School of Business, UNSW en_US School of Accounting *
unsw.thesis.degreetype Masters Thesis en_US
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