Firms widely use graphs in their financial reports. In this respect, prior research demonstrates that companies use graphs to provide a favorable outlook of performance, suggesting that they try to manage the impression created in users' perceptions. This study tests whether by means of...

After adoption of International Financial Reporting Standards (IFRS) for consolidated financial statements by European-listed companies, a number of European countries still require the use of local standards in the preparation of legal entity financial statements. This study investigates...

In this paper, we argue that the influence product market competition exerts on disclosure is defined by the combined effect of the incentives and disincentives to disclose raised by the multiple competition dimensions. We distinguish between firm and industry level competition measures, and we...