The determinants of reserves disclosure in the extractive industries: evidence from Australian firms

This paper examines the determinants of reserves disclosure (RD) in the Australian extractive industries, Our regression results indicate that RD are positively associated with variables relating to corporate governance, foreign listing, existence of reserves in foreign jurisdictions, pledging of re...

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Main Authors: Taylor, Grantley, Richardson, Grant, Tower, Greg, Hancock, Phil
Format: Journal Article
Published: Wiley-Blackwell Publishing Asia 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/32472
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author Taylor, Grantley
Richardson, Grant
Tower, Greg
Hancock, Phil
author_facet Taylor, Grantley
Richardson, Grant
Tower, Greg
Hancock, Phil
author_sort Taylor, Grantley
building Curtin Institutional Repository
collection Online Access
description This paper examines the determinants of reserves disclosure (RD) in the Australian extractive industries, Our regression results indicate that RD are positively associated with variables relating to corporate governance, foreign listing, existence of reserves in foreign jurisdictions, pledging of reserves in debt covenants, leverage and external (Big 4) auditor, after controlling for firm size, subindustry,shareholder concentration and development/production stage, Additional regression testing shows that the existence of reserves in foreign jurisdictions is the most important determinant of RD in Australia, This paper contributes to a better understanding of the extent and rationale behind the RD practices of Australian resource firms.
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spelling curtin-20.500.11937-324722017-09-13T15:56:20Z The determinants of reserves disclosure in the extractive industries: evidence from Australian firms Taylor, Grantley Richardson, Grant Tower, Greg Hancock, Phil Accounting setting Mineral and petroleum reserves Disclosure Accounting estimates This paper examines the determinants of reserves disclosure (RD) in the Australian extractive industries, Our regression results indicate that RD are positively associated with variables relating to corporate governance, foreign listing, existence of reserves in foreign jurisdictions, pledging of reserves in debt covenants, leverage and external (Big 4) auditor, after controlling for firm size, subindustry,shareholder concentration and development/production stage, Additional regression testing shows that the existence of reserves in foreign jurisdictions is the most important determinant of RD in Australia, This paper contributes to a better understanding of the extent and rationale behind the RD practices of Australian resource firms. 2012 Journal Article http://hdl.handle.net/20.500.11937/32472 10.1111/j.1467-629X.2011.00433.x Wiley-Blackwell Publishing Asia restricted
spellingShingle Accounting setting
Mineral and petroleum reserves
Disclosure
Accounting estimates
Taylor, Grantley
Richardson, Grant
Tower, Greg
Hancock, Phil
The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title_full The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title_fullStr The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title_full_unstemmed The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title_short The determinants of reserves disclosure in the extractive industries: evidence from Australian firms
title_sort determinants of reserves disclosure in the extractive industries: evidence from australian firms
topic Accounting setting
Mineral and petroleum reserves
Disclosure
Accounting estimates
url http://hdl.handle.net/20.500.11937/32472