An Empirical Investigation into the Information Content of the Required Disclosure of Oil and Gas Reserve Values
Description:
This empirical study is concerned with whether the oil and gas reserve value data reported by petroleum producers have been utilized by investors. Reporting reserve value data based on a present value approach is the initial step toward the development of the Securities and Exchange Commission's new accounting method called "Reserve Recognition Accounting" (RRA) for oil and gas producers. Experimentation with this new accounting concept in the oil and gas industry has been adopted as a tentativ…
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Date:
August 1980
Creator:
Huang, Jiunn-Chang
Partner:
UNT Libraries