Luo, Jin-hui; Li, Xue; Chen, Huayang - In: China journal of accounting research : CJAR 11 (2018) 3, pp. 187-212
between annual report readability and corporate agency costs, where readability is proxied by report file length and/or file … size. We find that firms with better annual report readability experience lower agency costs, and the negative association … or analyst coverage. These results hold after several robustness checks. The positive effect of annual report readability …