This study explores the going concern statement, readability and length cues as indicators of Italian private companies in default. The results indicate that the disclosures of defaulting companies contain (1) low readability; (2) greater uncertainty and confusing information; and (3) a lengthy going concern statement compared to non-defaulting firms. This is the first study to analyse the going concern statement and its correlation with Italian default by comparing International Financial Reporting Standards (IFRS) and Italian Generally Accepted Accounting Principles (GAAP).

Exploring the Going Concern Statement, Readability and Length Cues as Indicators of Distress at Italian Companies / Gianfelici Cristina, Nourhene Benyoussef, Savioli Giuseppe. - In: ACCOUNTING IN EUROPE. - ISSN 1744-9499. - ELETTRONICO. - 18:3(2021), pp. 325-352. [10.1080/17449480.2021.1933112]

Exploring the Going Concern Statement, Readability and Length Cues as Indicators of Distress at Italian Companies

Savioli Giuseppe
Ultimo
2021

Abstract

This study explores the going concern statement, readability and length cues as indicators of Italian private companies in default. The results indicate that the disclosures of defaulting companies contain (1) low readability; (2) greater uncertainty and confusing information; and (3) a lengthy going concern statement compared to non-defaulting firms. This is the first study to analyse the going concern statement and its correlation with Italian default by comparing International Financial Reporting Standards (IFRS) and Italian Generally Accepted Accounting Principles (GAAP).
2021
Exploring the Going Concern Statement, Readability and Length Cues as Indicators of Distress at Italian Companies / Gianfelici Cristina, Nourhene Benyoussef, Savioli Giuseppe. - In: ACCOUNTING IN EUROPE. - ISSN 1744-9499. - ELETTRONICO. - 18:3(2021), pp. 325-352. [10.1080/17449480.2021.1933112]
Gianfelici Cristina, Nourhene Benyoussef, Savioli Giuseppe
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/948113
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