A Comparative Study of Voluntary Accounting Disclosures Between U.S. and Non-U.S. Airline Companies

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Abstract

The reporting of voluntary disclosures of accounting information is believed to increase financial transparency and boost shareholder confidence. In a rapidly changing business environment, more companies are choosing to voluntarily disclose accounting information as they believe that such disclosures give them a competitive advantage. This study examines whether U.S. airline companies voluntarily disclose financial information more than non-U.S. airline companies. This study is a follow-up to the author's previous paper which examined the voluntary accounting disclosures in the airline industry. This study shows that, on average, U.S. airline companies voluntarily disclose accounting information more than non-U.S. airline companies. The study also shows that the differences in voluntary accounting disclosures between U.S. and non-U.S. companies are not statistically significant.
Original languageAmerican English
JournalInternational Journal of Business, Accounting, and Finance
Volume9
StatePublished - 2014

Keywords

  • airline industry
  • financial disclosures
  • voluntary accounting disclosures
  • transparency in organizations

Disciplines

  • Business
  • Aviation

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