000			01741naa a2200181uu 4500
001			5110917255310
003			OSt
005			20190211160222.0
008			051109s2005 xx ||||gr |0|| 0 eng d
100	1		_aBOZEC, Richard _922364
245	1	0	_aThe impact of reform in canadian state-owned enterprises on voluntary disclosure in annual reports
260			_aToronto : _bIPAC, _cFall 2004
520	3		_aThis study examines the impact of reform in Canadian state-owned enterprises (SOEs) onthe level of information disclosure intheir annual reports. Reform in SOEs encompasses two criticalstages: commercialization andprivatization. Comemrcialization instils into SOEs commonprinciples and practices typical of the private sector. As a result, the mandate of the firmshifts away fromsocial towards profitability objective.s Privatization refers to the legaltransfer of public ownership to private hands. The author argues that SOE reform leads to greater information asymmetries betweenmanagement and stakeholders (creditors and shareholders), increasing financial costs for businesses. In accountingliterature, this factor is considered a component that positively influences disclosure. The study's findings support such a proposition. More precisely, the results suggest that commercialization and privatization do provide incentive for managers to disclose additional information in their annual reports. Most of the incremental disclosure is financial
773	0	8	_tCanadian Public Administration : the journal of the Institute of Public Administration of Canada _g47, 3, p. 360-378 _dToronto : IPAC, Fall 2004 _xISSN 008-4840 _w
942			_cS
998			_a20051109 _b1725^b _cTiago
998			_a20051109 _b1727^b _cTiago
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c14034 _d14034
041			_aeng