| Autor: |
Fisher, Richard, van Staden, Chris J., Richards, Glenn |
| Předmět: |
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| Zdroj: |
Accounting, Auditing & Accountability Journal; 2020, Vol. 33 Issue 1, p77-105, 29p |
| Abstrakt: |
Purpose: The purpose of this paper is to investigate: how dimensions of tone vary across different forms of corporate accountability narrative; the impact of tone on readability; and the determinants of tone, including consideration of its use in impression management. Design/methodology/approach: Using a multi-year sample of listed companies, the authors measure dimensions of tone across multiple narrative types within the annual report and standalone corporate social responsibility report. Statistical analysis is used to investigate variations of tone across narrative type, each dimension's influence on readability and the role of antecedent factors. Findings: Analysis reveals that dimensions of tone vary significantly across narrative types (genres) suggesting that tonal patterns form part of the specific stylistic conventions of each genre. Tone is found to be a significant determinant of readability. Little evidence of obfuscation using tone was found, while disclosure type is the most salient determinant of tone. Practical implications: The study illuminates latent or underlying disclosure norms that can facilitate the identification of "exceptional" cases that do not conform with expected tonal patterns of a particular narrative type and may warrant closer inspection by preparers, auditors or regulators. The issues raised regarding the clarity and balance of textual disclosures highlight the challenges in regulating corporate narratives. Originality/value: This study highlights that tone is a more nuanced and layered concept than suggested by much of the prior literature. Further, tone ought to be considered in studies examining textual complexity. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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