widely agreed that asymmetric timely earnings increase the contractual efficiency of accounting information, I first test … whether firms with more asymmetric timely earnings produce more valuation-useful financial accounting information. Second, I … information. As non-equity stakeholders in general face higher transaction costs when diversifying unsystematic risk compared to …

The performance of analysts’ forecasts has attracted increasing attention in recent years. However, as yet, no …

We ask whether the quality of internal information matters for investment decisions. We predict that investment is more … information. Consistent with recent theoretical and empirical research, we proxy for internal information quality using observable … information properties. We find that the sensitivity of investment to profitability is increasing, while the sensitivity of …

widely agreed that asymmetric timely earnings increase the contractual efficiency of accounting information, I first test … whether firms with more asymmetric timely earnings produce more valuation-useful financial accounting information. Second, I … information. As non-equity stakeholders in general face higher transaction costs when diversifying unsystematic risk compared to …

information but on the expenses of corporate resources …

reverse carbon leakage. We show, perhaps surprisingly, that when indirect emissions information is noisier, regulators should …

This study examines how private firms’ disclosures create information externalities for public firms’ information … environment. Exploiting a setting with varying importance of private firms’ financial information, we document that public firms …, holding the importance of private firms’ disclosure constant and varying the supply of such information, by splitting the …

This study examines how organization complexity influences financial reporting complexity (FRC) and information … operations and performance to outsiders. While organization complexity and FRC are related, each incrementally explains the firm …’s information environment (direct effect). Finally, although organization complexity increases voluntary disclosure via its impact …