We investigate the impact of reporting regulation on corporate innovation activity. Exploiting thresholds in Europe …'s regulation and a major enforcement reform in Germany, we find that forcing a greater share of firms to publicly disclose their …

We investigate the impact of reporting regulation on corporate innovation activity. Exploiting thresholds in Europe …'s regulation and a major enforcement reform in Germany, we find that forcing a greater share of firms to publicly disclose their … concentrate innovation among a few large firms in a given industry. In sum, financial reporting regulation has important …

for more than 25 years, accounting regulation is still the domain of national legislators or delegated standard setters … accounting information resulting from a common set of accounting rules. Despite remarkable efforts of international harmonization … backgrounds of accounting standard setting in four selected countries as well as on the international level. This is followed by a …