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1 – 9 of 9Claudine Parent, Caroline Robitaille, Marie-Christine Fortin and Anne Avril
Despite the over-representation of stepfamilies in the clientele receiving protective services, there is still very little information about the different forms of the parental…
Abstract
Purpose
Despite the over-representation of stepfamilies in the clientele receiving protective services, there is still very little information about the different forms of the parental commitment of stepfathers in those families. However, the characteristics of families receiving child protective services (CPS) are likely to influence the way that the stepfathers’ commitment is expressed.
Methodology/approach
Taking into account the viewpoint of mothers (n = 10), stepfathers (n = 10), and adolescents (n = 10), this study attempted to document, using the free association method and semistructured interviews, the following: (1) the representations that the members of these stepfamilies had of the stepfathers’ parental commitment; and (2) the way in which engagement was expressed in daily life.
Findings
While the participants agreed that the stepfather had a parental role to play, that is to take care of the children, they did not necessarily agree about which dimensions were the most important. Whereas the adults emphasized the child-rearing dimension of this role and the necessary cooperation with the biological parents, the adolescents insisted on the relational aspect. The results likewise indicated that these men were very committed to their partners’ adolescents and showed that even in families challenged by problems that lead to involvement with CPS, stepfathers can play a positive, supportive role.
Originality/value
This study represents an important addition to the existing literature on the role of stepfathers in that it uses multiple measures and direct reports from father figures allowing us to explore the main dimensions of stepfather commitment.
Details
Keywords
Anne Fortin and Sylvie Berthelot
This study uses an experimental approach to examine how the perceptions and decisions of prospective nonprofessional investors are influenced by risk disclosures in the Management…
Abstract
This study uses an experimental approach to examine how the perceptions and decisions of prospective nonprofessional investors are influenced by risk disclosures in the Management Discussion and Analysis (MD&A). The between-subjects experiment used 157 MBA students as nonprofessional investors. The participants were given a firm's financial statements. In addition, the experimental group received the section on risk in the MD&A, whereas the control group did not receive any part of the MD&A. The participants were then asked to make several investment assessments and a final investment decision. The results show that the information included in the risk section of the MD&A has a significant negative effect on perceptions of the firm's future performance, a significant positive influence on perceptions of the stock's risk, and a marginally significant negative effect on the investment decision. The effect on the investment decision is mediated by respondents' perceptions of the firm's future performance and stock risk. By providing evidence on the effect of risk disclosures on nonprofessional investors' investment decision-making process, this study can help professional bodies and national market regulators understand how some market participants react to risk information provided under their regulations. In fact, the results indicate that there is little to be gained by firms voluntarily providing these risk disclosures. This would seem to support the fact that disclosure of risk information needs to be mandated by market regulators.
Asokan Anandarajan, Réjean Belzile, Anthony P. Curatola and Chantal Viger
The recently passed Statement Financial of Accounting Standard (SFAS) 123R mandates that stock-option compensation costs be recognized in the income statement. This supersedes…
Abstract
The recently passed Statement Financial of Accounting Standard (SFAS) 123R mandates that stock-option compensation costs be recognized in the income statement. This supersedes SFAS 148 and the earlier SFAS 123 which required only disclosure in the notes to the financial statements. The motivation of the Financial Accounting Standards Board (FASB) was to increase transparency in reporting of financial statements. The objective of this chapter is to test whether sophisticated users’ perceptions and judgments are affected by the different reporting format that has been mandated by SFAS 123R. Members of the Institute of Management Accountants (IMA) were used as the participants in this study. The study finds a (1) higher perceived risk, (2) lower expected accounting return, (3) more pessimistic overall perception, (4) more negative future stock price direction, and (5) lower stock price valuation by sophisticated users in the presence of recognition versus disclosure. These findings support the stance of the FASB and indicate that that information content is accentuated in the presence of recognition relative to disclosure.