Determinants of corporate lobbying intensity in the lease standard-setting process
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| Format: | Artículo científico |
| Language: | en |
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Asociación Española de Profesores Universitarios de Contabilidad
2017
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| _version_ | 1876441769518825472 |
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| author | Lucia Mellado |
| author_facet | Lucia Mellado |
| contents | Determinants of corporate lobbying intensity in the lease standard-setting process Lucia Mellado Laura Parte Economía y Finanzas IASB FASB Lobbying Standard Comment letters The highly controversial lease standard-setting project that will replace the standards currently in place, establishes a new approach that includes the recognition of all assets and liabilities associated with lease contracts on the balance sheet, regardless of their classification. The complex standard-setting process and the heated debate among stakeholders makes the analysis of the lobbying phenomenon an important matter for study. The aim of this paper is to find explanatory factors that predict the behaviour of corporate groups with respect to the lease standard-setting process. To achieve this objective, we scrutinize the submission of comment letters by 306 non-financial listed companies in response to the discussion paper (DP 2009) and two exposure drafts (ED 2010 and ED 2013) elaborated jointly by the IASB and the FASB by distinguishing among three degrees of intensity in lobbying activities, depending on participation in the different discussion periods. Our empirical study is conducted through a multivariate analysis that shows the intensity of lobbying by considering participation in the three consultation periods. The results show that the intensity of lobbying is associated with size, profitability, age, industry and managerial ownership. The evidence can be used to predict lobbying behaviour. The research has implications for standard setters and contributes to prior lobbying research. 2017 artículo científico 1138-4891 https://www.redalyc.org/articulo.oa?id=359752056003 en http://www.redalyc.org/revista.oa?id=3597 Revista de Contabilidad application/pdf Asociación Española de Profesores Universitarios de Contabilidad Revista de Contabilidad (España) Num.2 Vol.20 |
| format | Artículo científico |
| id | redalyc_359752056003 |
| institution | Redalyc |
| language | en |
| publishDate | 2017 |
| publisher | Asociación Española de Profesores Universitarios de Contabilidad |
| spellingShingle | Determinants of corporate lobbying intensity in the lease standard-setting process Lucia Mellado Economía y Finanzas IASB FASB Lobbying Standard Comment letters Determinants of corporate lobbying intensity in the lease standard-setting process Lucia Mellado Laura Parte Economía y Finanzas IASB FASB Lobbying Standard Comment letters The highly controversial lease standard-setting project that will replace the standards currently in place, establishes a new approach that includes the recognition of all assets and liabilities associated with lease contracts on the balance sheet, regardless of their classification. The complex standard-setting process and the heated debate among stakeholders makes the analysis of the lobbying phenomenon an important matter for study. The aim of this paper is to find explanatory factors that predict the behaviour of corporate groups with respect to the lease standard-setting process. To achieve this objective, we scrutinize the submission of comment letters by 306 non-financial listed companies in response to the discussion paper (DP 2009) and two exposure drafts (ED 2010 and ED 2013) elaborated jointly by the IASB and the FASB by distinguishing among three degrees of intensity in lobbying activities, depending on participation in the different discussion periods. Our empirical study is conducted through a multivariate analysis that shows the intensity of lobbying by considering participation in the three consultation periods. The results show that the intensity of lobbying is associated with size, profitability, age, industry and managerial ownership. The evidence can be used to predict lobbying behaviour. The research has implications for standard setters and contributes to prior lobbying research. 2017 artículo científico 1138-4891 https://www.redalyc.org/articulo.oa?id=359752056003 en http://www.redalyc.org/revista.oa?id=3597 Revista de Contabilidad application/pdf Asociación Española de Profesores Universitarios de Contabilidad Revista de Contabilidad (España) Num.2 Vol.20 |
| title | Determinants of corporate lobbying intensity in the lease standard-setting process |
| topic | Economía y Finanzas IASB FASB Lobbying Standard Comment letters |
| url | https://www.redalyc.org/articulo.oa?id=359752056003 |