Unpacking director financial literacy : a Delphi study from Australia
Data(s) |
03/12/2014
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Resumo |
The ‘Centro case’ confirmed that each individual director is responsible for financial governance and must be able to ‘read and understand’ financial statements. Despite the centrality of director financial literacy to directors duties, practitioner and academic literature have failed to clearly define or provide evidence-based reliable measures of director financial literacy. This paper seeks to address this weakness by presenting the initial results of a Delphi study on unpacking the conceptualisation of director financial literacy. We have found that director financial literacy involves more than reading and understanding financial statements. Rather, it encompasses capabilities in applying accounting concepts to the analysis and evaluation of financial statements. As such director financial literacy may be more accurately described as ‘director accounting literacy’. |
Formato |
application/pdf |
Identificador | |
Publicador |
Australian and New Zealand Academy of Management (ANZAM) |
Relação |
http://eprints.qut.edu.au/76540/2/76540.pdf Bettington, Jacqueline, Bezemer, Pieter-Jan, & Nicholson, Gavin (2014) Unpacking director financial literacy : a Delphi study from Australia. In 'Reshaping Management for Impact' : 28th Australian and New Zealand Academy of Management (ANZAM) Conference, Sydney 2014, Australian and New Zealand Academy of Management (ANZAM), Sydney, Australia. |
Direitos |
Copyright 2014 Please consult the authors |
Fonte |
QUT Business School; School of Accountancy |
Palavras-Chave | #150199 Accounting Auditing and Accountability not elsewhere classified #150303 Corporate Governance and Stakeholder Engagement #Accountability #Agency #Board composition #Board of directors #Board effiectiveness #Board roles #Corporate governance |
Tipo |
Conference Paper |