The purpose of this study is to determine whether supplemental reserve disclosures contain value-relevant information by examining the extent to which they convey information regarding firms' effort and ability to discover reserves. Using Ohlson's (1995) model as a framework, two hypotheses were...

Using a matching approach and multivariate logit analysis we determine that management of firms involved in MBOs more frequently chose income increasing accounting policies than did a matched sample of non‐MBO firms. The results provide support for the managerial economic incentives hypothesis...

Intro -- Contents -- Chapter 1. Overview of International Upstream Operations -- International Financial Accounting and Reporting Standards -- Oil and Gas Industry-Specific Accounting Standards -- International Industry Structure -- Overview of Upstream Operations -- Mineral Interest Basics --...