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ID:31638040
大小:65.89 KB
页数:13页
时间:2019-01-16
《从信息披露规则角度看企业内部控制外文文献翻译》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、毕业设计(论文)外文翻译外文题目:Regulationbydisclosure:thecaseofinternalcontrol译文题目:从信息披露规则角度看企业内部控制文献出处二《JournalofManagcmcnt&Govcrnance》,2010,14(4):409-433外文作者:LauraF.Spira,MichaelPage字数统计:英文2253单词,12476字符;中文3543汉字外文文献:Regulationbydisclosure:thecaseofinternalcontro
2、l1Introduction:disclosureasaregulatorytoolThetraditionalframeworkofcorporateaccountabilityreliesondisclosureofinformationtostakeholders.Theform,contentandreliabilityofthisdisclosurehavebeenamatterofconcernanddebateeversincetheestablishmentoflegislativ
3、eprotectionforinvestorsandcreditorsinthemidnineteenthcentury.Financialscandalstypicallypromptcallsforimprovementsindisclosure.Theassumptionunderlyingthisformofdisclosureisthatstakeholderswillbeprovidedwithinformationthroughwhichtheymayholdcompanymanag
4、ementtoaccountfortheuseofresourcesprovided一astewardshipapproach.Adifferentviewofthepurposeofdisclosureunderliesdevelopmentsinstandardisingfinancialreportingwhichhavebeenjustifiedonthebasisthatusersoffinancialstatementsneedinformationinordertomakeabroa
5、drangeofeconomicdecisionsabouttheirrelationshipswithcorporations,anassumptionwhichunderpinsthedevelopmentofconceptualframeworksforfinancialreporting.Morerecently,disclosurehasbecomeviewedasatoolofregulation.Forexample,theUKCompaniesAct2006hasrequiredc
6、ompaniestomakedisclosuresrelatingtorisksandfutureprospects.ThisapproachtodisclosureasaregulatorytoolisreflectedinrecentdiscussionsofEuropeanpolicy.TheWinterReport1of2002stated:Disclosurerequirementscansometimesprovideamoreefficientregulatorytoolthansu
7、bstantiveregulationthroughmoreorlessdetailedrules.Suchdisclosurecreatesalighterregulatoryenvironmentandallowsforgreaterflexibilityandadaptability,(p.34)Thediscussionpaper“RiskManagementandInternalControlintheEU^statesthat:...ifregulationisnecessary,th
8、endisclosureofinformationshouldbethepreferredregulatorytoolbecauseitputspowerinthehandsofshareholdersandmarketsratherthanleavingitentirelywithregulators(FederationdesExpertsComptablesEuropeens2005,p.4)Disclosureisthusseentobebeneficialfromthre
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