FRS 13 and corporate governance: a fund management perspective

Christine Mallin, Theresa Dunne, Christine Helliar, Kean Ow-Yong

Research output: Contribution to journalArticlepeer-review

9 Citations (Scopus)

Abstract

The use of derivative instruments such as futures, options and swaps has become increasingly widespread in the last twenty years, particularly among large companies in economies with well-developed financial markets. This paper examines the impact of Financial Reporting Standard 13: Derivatives and Other Financial Instruments – Disclosures (FRS 13 hereafter) on isues relating to corporate governance. In particular, the researchers employ an interview survey to investigate: (i) UK institutional investors’ general attitudes towards the recent introduction of FRS 13; and (ii) whether the introduction of FRS 13 has any implications for corporate governance. The results to date indicate that institutional investors may not be treated as a homogeneous group with respect to their expressed views of FRS 13.
Original languageEnglish
Pages (from-to)17-42
Number of pages26
JournalQualitative Research in Accounting & Management
Volume1
Issue number2
DOIs
Publication statusPublished - 2004

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