The major providers of financing in some countries are stockholders, while other countries predominantly use banks as the main financing source.  What difference does it make to accounting disclosures in comparing a company from one of each of those countries?

What will be an ideal response?


When banks dominate financing, there is less pressure for public information and disclosures. However, as companies become more reliant upon equity, demand for information increases. Therefore, the disclosures in countries whose main providers of financing are banks are significantly less than those disclosures in countries dependent upon stockholders' equity.

Business

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What is a characteristic of effective training objectives?

A. disclaimers to prevent exaggerated expectations B. specified methods of performance evaluation C. names of the trainers and trainees D. measurable performance standards E. specified costs associated with the training

Business

________ is the ability of the survey mode to reach the units specified in the sample effectively and efficiently

A) Social desirability B) Interviewer bias C) Nonresponse bias D) Efficiency effect E) Sample control

Business

What is another name for the multiple-question approach?

What will be an ideal response?

Business

A standard work year is 2080 hours at the Luther Mill and it takes about 2 hours to fill a customer order. The manager at the mill is always concerned about employee idle time, so he aims for a capacity cushion of two percent

Last year saw 15,000 customer orders at the mill and the manager has a new Mercedes in mind as a company car, so he hopes that there is an increase of 10% in customer orders for next year. How many workers will the manager need to have at the mill next year? A) 10 B) 13 C) 16 D) 19

Business