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dc.contributor.authorHart, Carol
dc.date.accessioned2011-08-24T00:22:11Z
dc.date.available2011-08-24T00:22:11Z
dc.date.issued2010-07-01
dc.identifier.urihttps://hdl.handle.net/10652/1664
dc.description.abstractThis study examines whether legal origin has an impact on the association between analyst following and intangibles recognised in corporate financial statements. Using a sample of 7,233 company-year observations from ten countries for 2004-2006, this study finds that the association between analyst following and recognised intangibles is impacted by legal origin. Analyst following is higher for companies that have recognised intangibles than for those that do not, and it is also higher for companies from civil law countries. Further, when intangible assets are recognised on the balance sheet, or research and development expense is included in the income statement, the increase in analyst following is greater for companies from civil law countries than for those from common law countries. The findings suggest that companies recognising intangibles in civil law countries provide greater opportunity for analysts to make an incremental information contribution to investors than those companies in common law jurisdictions.en_NZ
dc.language.isoenen_NZ
dc.publisherAccounting and Finance Association of Australia and New Zealanden_NZ
dc.relation.urihttp://www.afaanz.org/openconf/2010/modules/request.php?module=oc_proceedings&action=view.php&a=Accept+as+Paper&id=143en_NZ
dc.rightsAll rights reserveden_NZ
dc.subjectanalyst followingen_NZ
dc.subjectidentifiable intangible assetsen_NZ
dc.subjectresearch & development (R&D)en_NZ
dc.titleThe impact of legal origin on the relationship between analyst following and recognised intangiblesen_NZ
dc.typeConference Contribution - Paper in Published Proceedingsen_NZ
dc.rights.holderCarol Harten_NZ
dc.subject.marsden150103 Financial Accountingen_NZ
dc.identifier.bibliographicCitationHart, C. (2010). The impact of legal origin on the relationship between analyst following and recognised intangibles. In Proceedings of the 2010 AFAANZ Conference, Christchurch. Retrieved from http://www.afaanz.org/openconf/2010/openconf.phpen_NZ
unitec.institutionUnitec Institute of Technologyen_NZ
unitec.publication.titleProceedings of the 2010 AFAANZ Conference, Christchurchen_NZ
unitec.conference.title2010 AFAANZ Conferenceen_NZ
unitec.conference.orgAccounting and Finance Association of Australia and New Zealanden_NZ
unitec.conference.locationChristchurchen_NZ
unitec.conference.sdate2010-07-04
unitec.conference.edate2010-07-06
unitec.peerreviewedyesen_NZ
dc.contributor.affiliationUnitec Institute of Technologyen_NZ
unitec.identifier.roms50018
unitec.institution.studyareaAccounting and Finance


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