The aim of this paper is to explain Australian R&D capitalisation and voluntary disclosure. It is argued that the … discretionary choices available to management in Australia with respect to the accounting for and the disclosure of R&D expenditure …. Furthermore, research intensity, and the use of an R&D financing arrangements, are significant in explaining voluntary disclosure …

. The disclosure is likely to reduce the firm's cost of equity and debt. On the other hand, information about the firm …’s reserves is likely to attract competitors' attention. Therefore, managers aim to achieve an optimum level of disclosure in the … disclosure of reserves. The change in the rules does not seem to have much effect on the frequency of disclosure. Instead, the …

In this review piece, we survey the literature on the cost of equity capital implications of corporate disclosure and … insights into the selection of proxies for each of our points of interest, cost of equity capital, disclosure quality and …

failure and persistence. In the first essay, hypotheses are developed on the unintended consequences of patenting. Disclosure … domains—and suggests that hazards of disclosure also varies with this breadth. Finally, the third essay examines the effects …

This paper examines how one firm’s commitment to provide more public disclosure affects other firms’ disclosure … practices in subsequent periods. I develop an investor demand-driven explanation for why and when firms adopt the disclosure … by which one firm’s greater disclosure creates demand pressure for the other firm to follow. Using market risk …

conducted by Standard and Poor’s, we show how disclosure and accruals jointly affect earnings expectations that are included in …The present study examines the role of disclosure in assisting market participants to form expectations of future … earnings by observing the accrual content of reported earnings. Accounting research has been focusing on investigating the …

, the benefits and costs of environmental information disclosure programs have come under increasing scrutiny. This paper … information disclosure programs: risk management planning, materials accounting, and the Sector Facility Indexing Program. The … paper closes by using these three cases to outline what we know and still need to find out about information disclosure …

negative earnings shocks. I find that firms presenting updates to their Risk Factor disclosures have lower abnormal returns …. Using analyst forecasts and a cross-sectional model to forecast earnings as measures of expected earnings prior to the … earnings. I also find that firms with Risk Factor updates are more likely to experience future extreme negative earnings …

In this dissertation I investigate whether managers alter the linguistic tone of their earnings announcements to … firm performance. However, prior literature also finds a positive relation between optimistic tone in earnings … option exercises.I hypothesize that managers adjust the tone of their earnings announcements to increase the value of their …