The supervisory authority of the Bank of England derives from tradition and statute. The interplay of these two factors can be analysed by applying a formalist/anti‐formalist model. In this paper this has been developed to explain the regulatory cycle and the reasons why anti‐formalism has...

The published annual report and accounts of a company are regarded as a main source of information for making investment and other decisions. One assumption used by readers of such accounts is that the financial statements reflect transactions which have been made at arm's‐length. However, the...

This paper questions the adequacy of the current financial reporting regulatory system to deal with corporate financial information disclosed on the Internet. The results of a research study made on the FTSE 100 companies Internet sites are used to discuss company practices and the issues...