We posit that investors and social media users place more weight on cash flows than on earnings for innovative small cap firms and that, in turn, innovative small cap firms (i) manage cash flows more than earnings, and (ii) disclose more cash flow than earnings information on social media. Using...

This paper investigates the logics that drive small accounting practitioners' attitude towards new accounting standards and then, the heterogeneity amongst practitioners in order to unravel the accounting profession, until now considered as a ‘black box' in the accounting harmonization...