Participation Choice: The Exposure Draft for Postretirement Benefits Other Than Pensions.
研究企业是否参与会计准则征求意见稿的决策因素，发现公司规模、退休人数和立场选择显著影响参与，而杠杆率不显著。
Abstract This paper investigates constituent participation in the standard setting process for the exposure draft related to SFAS No. 106, ‘Employer's Accounting for Postretirement Benefits Other Than Pensions.’ A survey of both participants and nonparticipants in the standard setting process was conducted to determine the motivation behind the participation choice. Logistic regression analysis was used to identify statistically significant variables in the participation choice decision. Three variables in the participation choice model were supported in the logistic regression analyses—firm size (as measured by net sales), impact of the proposed standard on the financial statements (as measured by number of retirees), and position choice on the proposed standard. The other attribute tested, leverage position, was found not to be statistically significant. This study will better inform readers about how constituents perceive the FASB's due process and their influence on the standard setting process. Evidence from this study provides readers a better understanding of participation of corporate managers in the accounting standard setting process.