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Corporate Groups in Australia: State of Play
Author(s) -
Van Der Laan Sandra,
Dean Graeme
Publication year - 2010
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.2010.00085.x
Subject(s) - accounting , corporate group , empirical research , business , scale (ratio) , order (exchange) , state (computer science) , population , corporate governance , sociology , finance , computer science , statistics , geography , demography , mathematics , cartography , algorithm
While a number of studies and reports (for example , CASAC 2000 ; Clarke and Dean 2007 ; Ramsay and Stapledon 1998; 2001 ) have identified the importance of corporate groups on the commercial landscape, both in Australia and internationally, little is known about the nature, incidence, composition or rationale for commercial enterprises to adopt specific types of group structures. Understanding the differences in the accounting for each separate company within a group and the process of consolidated group enterprise data used in most empirical works is a prius for researchers undertaking large‐scale empirical work. It underpins the ability to generalise about findings based on samples of publicly listed companies, arguably randomly selected from the population of listed corporate groups.This paper reports findings of an extensive empirical study using 2007 data in order to illuminate the current situation in relation to the nature, incidence and composition of corporate groups in Australia. It adopts a similar structure to that used by Ramsay and Stapledon (1998; 2001) . The current data will allow tests of stability regarding the way corporate groups are structured.