This paper reports evidence on cross-border accounting information transfers associated with profit warning announcements. Using a sample of firms from 29 European countries, we find that negative earnings surprises disclosed by firms in one country affect investors’ perceptions of comparable...

We examine the association between financial integration and capital market transparency of emerging-market firms. We use four intra-year price timeliness measures derived from the Beekes and Brown (2006, 2007) methods as indicators of the firm's transparency. The sample comprises 57,465...

We re-examine the association between corporate governance and disclosures reported by Beekes and Brown (2006), using an extended time series of Australian data. Since the ASX corporate governance guidelines were introduced in 2003, firms generally have increased their disclosure frequency and...

Price discovery is the process whereby value-relevant, private information becomes impounded or reflected in a stock's publicly-observable market price. The timeliness of price discovery refers to how quickly that process takes effect.There is no reason to believe either that all private...

We investigate the link between the informativeness of corporate disclosures and firms' corporate governance structures. Using a Canadian sample of firms rated in the November 2004 Board Shareholder Confidence Index, we examine whether corporate governance is a significant influence on the...

We investigate whether and if so, how, corporate governance quality is related to the information flows from a company and how the stock market and its agents respond. Specifically, we study links between the quality of a firm's corporate governance (CGQ) and the informativeness of its...