Majandusteaduskonna teadusseminar “Seminar of the Department of Finance and Economics” 10. septembril
- Aeg:10.09.14 - 10.09.14
Majandusteaduskonna teadusseminar "Seminar of the Department of Finance and Economics” toimub 10. septembril kell 16.00-17.00 ruumis SOC-314.
Seminar on inglise keeles.
Laivi Laidroo, TSEBA, will present her recent paper (co-author Nele Tamme):
Impression management through banks’ annual report graphs
Abstract: The objective of this paper is to analyse the graph use in Central and Eastern European (CEE) banks’ annual reports during 2006-2011 and determine the extent of impression management strategies employed. The results revealed distinct differences in CEE banks’ graph use compared to other types of companies covered in previous studies. These included lower levels of graph use, differences in identified key financial variables (KFVs), and more extensive use of activity and macroeconomic indicator graphs. There was quite strong support for impression management in banks’ graph use in the context of selectivity. Weaker support was found for the existence of favourable measurement distortions and employment of attribution strategies. Still, compared to previous research, weaker links existed between KFV graph use and banks’ profit performance, and the proportions of materially distorted graphs remained lower. These results indicate that annual report users should pay more attention to sudden disappearance of certain graphs and cross-check graphed KFVs with numerical data presented in audited financial reports.
The seminar is held in English. Copies of the paper will be available at the seminar.
Everyone is welcome.
Questions regarding the seminar can be addressed to Karsten Staehr, karsten dot staehr at ttu dot ee