Accounting Bibliography Assignment 2022

Running head: ACCOUNTING
Accounting
Name of the Student:
Name of the University:
Author’s Note:

1ACCOUNTING
Nonprofessional professional investors rely upon the published financial information of
the company. They use evaluates the financial performance and financial position of the
company based on the key figures disclosed in the financial statement of the company. Though
there are various other sources from where investors can gather information about the financial
and operational performance of the company, they do objectively use the published financial
information for their investment decision. Investors believe it to be neutral source of information
for their analysis and investment decision-making. In my opinion, the published financial
information may always not be a neutral source of information. Various corporate frauds can be
cited where companies have manipulated the figures in their financial statement to attract
investors.
Impression management can be considered as a proactive and reactive process intended
for maintaining the corporate identity. Therefore, the main motivation behind the impression
management is to maintain a good corporate image and to maintain the corporate identity. The
proactive approach of impression management is to exhibit such corporate behaviors, which will
attract the interest of various stakeholders and will receive good complements from the investors
and stakeholders. On the other hand, the reactive impression management is the process of
gathering feedbacks from the customers and stakeholders and to take such corrective initiatives,
which will help them to make improvement in their process and corporate behaviors. In my
opinion, the main objective of the impression management is to maintain good corporate
governance practices, which will help the organization to achieve a sustainable growth.
There are various impression management practices and strategies such as window
dressing of the financial information in the financial statements and presentation of manipulated
corporate governance information to the stakeholders. I can observe from various case studies