Evaluating the Extent of Australian Resource Companies Estimates of Mineral and Petroleum Reserves

摘要：

This paper investigates the disclosure patterns of Mineral and Petroleum Reserve Disclosures within the 2007 annual reports of 113 Australian listed resource companies. The results of regression analysis demonstrate that strength of corporate governance, existence of reserves in foreign jurisdictions, pledging of reserves in debt covenants, lever age, external auditor and firm size are factors which are significant and positively associated with total reserve disclosure patterns. The findings clearly show further disclosures of reserve information are required in or der for stakeholders to make informed economic decisions about resource companies. This paper contributes to an understanding of the extent and rationale behind resource firms reserve disclosure practices in Australia.

关键词： Mineral and petroleum reserves Disclosures Accounting estimates Accounting setting

作者: Grantley Taylor Greg Tower Phil Hancook

作者单位: School of Accounting, Curtin Business School, Curtin University of Technology School of Accounting,Curtin Business School, Curtin University of Technology

会议类型: 国际会议

会议名称: 2008 Sino-Australia International Conference on Accounting and Finance(2008中澳会计与财务国际学术研讨会)

会议地点: 武汉

会议语种:英文

页码: 707-742

在线出版日期: 2008-10-31（万方平台首次上网日期，不代表论文的发表时间）