Financial transparency can affect labor markets directly by mitigating information asymmetries and optimizing the matching of heterogeneous firms and employees (matching efficiency channel) and indirectly through the effect of transparency on firms' capital inputs (capital utilization channel)....

We document that firms have greater earnings similarity, relative to same-city industry peers, as the number of local peers increases. However, we also show that this mimicking behavior creates a false similarity and is achieved by firms reporting higher levels of unexpected accruals. These...

Corporate financial transparency can affect labor markets directly by mitigating information asymmetries and optimizing the matching of heterogeneous firms and employees (matching efficiency channel) and indirectly through the effect of transparency on firms' capital inputs (capital utilization...