Open AccessContent and quality of information: Analysis of the management discussion session in the Italian financial reports in the period 2003-2008
Author(s) -
Cristian Carini,
Monica Veneziani,
Giulia Bendotti,
Claudio Teodori
Publication year - 2013
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv10i4c2art2
Subject(s) - accounting , context (archaeology) , quality (philosophy) , session (web analytics) , business , period (music) , narrative , content analysis , finance , accounting management , accounting information system , advertising , sociology , philosophy , physics , epistemology , acoustics , paleontology , social science , linguistics , biology
Three events have affected the management of listed companies: (i) the increasing importance of the intangible assets; (ii) the accounting harmonisation and the management discussion regulation both at European and national level; (iii) the financial crisis. In this context, regulators view narrative disclosures as the key to achieving the desired step-change in the quality of corporate reporting. The paper wants to study the quantity of financial communication in the management discussion for each information category selected and its quality in terms of: time orientation, nature and mode of expression. Content analysis is applied. One of the main results, is that the quantity of information increases and this information is always related to the business and it is non-financial, narrative and historical.