We examine whether the implementation of the information disclosure and transparency ranking system (IDTRS) affects frms’ value deviation in Taiwan using the annual reports of the listed companies for the period 2001–2004. Using firms value deviation as a proxy for information disclosure, we...

Research Question/Issue: La Porta et al. (2000) examine the impact of corporate governance on dividend policies by testing two hypotheses, the outcome hypothesis and the substitution hypothesis. The former argues that firms with better governance may pay higher dividends to mitigate agency...

This research examine the effects of information disclosure ratings on firm-specific stock price crash risk. We present evidence that there is a statistically significant negative relationship between stock price crash risk and information disclosure ratings. Our evidence further shows that the...

On the basis of the theory developed by Daniel, Hirshleifer, and Subrahmanyam (DHS) (1998), this study examines the influence of information disclosure rating on continuing overreaction and the role and effects of information disclosure rating in emerging markets. Using a comprehensive sample of...

This study examines the impact of Shenzhen Stock Exchange’s (SZSE) information disclosure ratings on investment efficiency in China. Based on a sample of Chinese A-share listed companies on the SZSE from 2001 to 2018, we discover that superior information disclosure ratings improve investment...

Analysts' earnings pressure not only drives corporate managers to improve short-term financial performance but also encourages them to engage in myopic decisions detrimental to environmental performance. However, evidence on whether analysts' earnings pressure affects environmental information...