IDEAS home Printed from https://ideas.repec.org/a/taf/acctbr/v27y1997i3p205-218.html
   My bibliography  Save this article

UK Shareholders' Lost Access to Management Information

Author

Listed:
  • Ken C. Pratt
  • A. Colin Storrar

Abstract

This paper examines the nature and use of the rights that UK shareholders once had to inspect their companies' books of account, and identifies seven factors that contributed to loss of those rights, mainly in the second half of the 19th century. It also considers whether those seven factors remain relevant today and might therefore inhibit a return to more open access to information. The paper concludes that, although each of the factors continues to apply to some extent, current levels of disclosure may be less than optimal because of subsequent developments in information technology and other changes in the operating environment. It argues, further, that financial reporting databases could help to improve the equity and utility of information disclosure, but are unlikely to be initiated voluntarily by preparers.

Suggested Citation

  • Ken C. Pratt & A. Colin Storrar, 1997. "UK Shareholders' Lost Access to Management Information," Accounting and Business Research, Taylor & Francis Journals, vol. 27(3), pages 205-218, February.
    • Handle: RePEc:taf:acctbr:v:27:y:1997:i:3:p:205-218
    DOI: 10.1080/00014788.1997.9729545
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00014788.1997.9729545
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00014788.1997.9729545?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liu, Sun, 2015. "Corporate governance and forward-looking disclosure: Evidence from China," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 25(C), pages 16-30.
    2. A. J. ARNOLD & S. McCARTNEY, 2011. "‘Veritable gold mines before the arrival of railway competition’: but did dividends signal rates of return in the English canal industry?," Economic History Review, Economic History Society, vol. 64(1), pages 214-236, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:acctbr:v:27:y:1997:i:3:p:205-218. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RABR20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.