FRS 13 and corporate governance: a fund management perspective

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

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9 Citations (Scopus)


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
Issue number2
Publication statusPublished - 2004

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