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LUO, QINWEN (2010) Management and Disclosures of Risks in Pension Schemes of Different Types of Organisations. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

This study aims to examine the relationship between the level of risk disclosure particularly on pension schemes within annual reports and the influencing factors such as characteristics. The increasing risks behind the pension schemes draw the attention to the necessity of acquiring high level of pension risk disclosures within annual reports. By doing this, both organisations can benefit from reducing cost of capital and investors can have more information to make investment decisions.

A sample of 40 organisations from four different categories have been selected, data is collected by analysing their annual reports of the fiscal year 2009. The “Reporting Statement: Retirement benefit – disclosures” published by Accounting Standard Board as the best practice on pension risk disclosure is adopted as a benchmark to assess the level of pension risk disclosure. Among several influencing factors on pension risk disclosure, it is found that firstly, listed companies are significantly disclose more pension risk information than non-listed companies. Secondly, UK companies are disclosing more than Japan companies significantly. On the other hand, no significant relationship is found between the level of pension risk disclosure and the organisation size, so as level of pension risk, and pension scheme size. It also shows that the level of pension risk disclosure do not have significant relationship existed with whether the organisation is for-profit or not. Other findings includes issues particular about financial organisations, not-for-profit organisations and Japan companies.

Item Type:	Dissertation (University of Nottingham only)
Depositing User:	EP, Services
Date Deposited:	20 Jan 2011 13:37
Last Modified:	30 Jan 2018 09:20
URI:	https://eprints.nottingham.ac.uk/id/eprint/23961

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