Study on relevance of risk information

2014 Fiscal Year Final Research Report

• Project/Area Number: 24730392
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Accounting
• Research Institution: University of Shizuoka
• Principal Investigator: UENO Takefumi 静岡県立大学, 経営情報学部, 講師 (40405147)
• Project Period (FY): 2012-04-01 – 2015-03-31
• Keywords: リスク / 有価証券報告書 / リスクコミュニケーション / 有用性

Outline of Final Research Achievements

I explore on risk information from companies. This study focuses two sides. One is to explore relationship actuaries and certified public accountant(CPA) into risk communication. Second is to explore value relevance of capital requirements for financial institutions. Actuaries calculate and check actuarial items(e.g. pension liabilities) in making financial reports. Actuaries use scientific and mathematical models, which are open to some objective assessment of their quality. Their communications are important to build reliability of financial information. A regulatory capital value promotes that financial institutions have much capital to keep their reputations. On the other hand, almost bankrupt financial institutions has exceeded the capital value at the last fiscal year. This result shows that the capital requirements can’t work as relevance information.

Free Research Field

会計学