Similar Search Results

The Blockchain Evolution and Revolution of Accounting

George, Kimberlyn - 2020

natural relation to accounting and possible uses in accounting functions, business operations and financial services, it is …

Persistent link: https://www.econbiz.de/10012824613

Learning to Disclose : Disclosure Dynamics in the 1890s Streetcar Industry

Bourveau, Thomas; Breuer, Matthias; Stoumbos, Robert C. - 2021

We study the descriptiveness of the “unravelling” prediction in the 1890s streetcar industry. In this historical setting, capital-intensive streetcar companies gain the opportunity to disclose their earnings to dispersed investors via a new, quarterly newspaper supplement. We document that a...

Persistent link: https://www.econbiz.de/10013242208

The Consequences of Mandatory Corporate Sustainability Reporting

Ioannou, Ioannis; Serafeim, George - 2017

A key aspect of the governance process inside organizations and markets is the measurement and disclosure of important metrics and information. In this chapter, we examine the effect of sustainability disclosure regulations on firms’ disclosure practices and valuations. Specifically, we...

Persistent link: https://www.econbiz.de/10014184153

The Consequences of Mandatory Corporate Sustainability Reporting

Ioannou, Ioannis; Serafeim, George - 2018

Persistent link: https://www.econbiz.de/10014116338

Risk Disclosure Noncompliance

Adam-Muller, Axel F. A. - 2020

We examine companies' risk disclosure compliance with IFRS risk disclosure rules for the first fiscal year following the year 2007. For a sample of 383 firms from 20 European countries we find that average risk disclosure compliance is 62 percent only. Countries' enforcement strength is...

Persistent link: https://www.econbiz.de/10012838159

Disclosure Regulation, Investor Behavior, and Market Integration : Evidence from Form 20-F Reconciliation Elimination

Kim, Yongtae - 2020

and how accounting information is used across multiple markets. Using a difference-in-differences analysis with non …

Persistent link: https://www.econbiz.de/10012823799

The Information Content of Managers' Forward-Looking Disclosures

Opferkuch, Julian - 2018

I use textual analysis to measure the amount of forward-looking disclosures in public firms' 10-K reports, and relate it to the forecast revisions of sell-side analysts around the publication dates of these reports. By focusing on the revisions of forecasts made after the publication of a firm's...

Persistent link: https://www.econbiz.de/10012928647

On the Voluntary Disclosure of Redundant Information

Banerjee, Snehal; Breon-Drish, Bradyn M.; Kaniel, Ron; … - 2022

Why do firms engage in costly, voluntary disclosure of informationwhich is subsumed by a later announcement? We consider a model inwhich the firm's manager can choose to disclose short-term informationwhich becomes redundant later. When disclosure costs are sufficientlylow, the manager discloses...

Persistent link: https://www.econbiz.de/10013405002

Non-GAAP Earnings Disclosure and the Valuation of IPOs

Brown, Nerissa C. - 2020

We investigate the disclosure and prominence of non-GAAP earnings metrics in IPO prospectuses and how these disclosures affect IPO valuation. In contrast to already-public firms, we find an inverted U-shaped relation between IPO firms' GAAP performance and the likelihood that they will disclose...

Persistent link: https://www.econbiz.de/10012855372

External Verifiability of Accounting Information and Intangible Asset Transactions

Kim-Gina, Jessica - 2018

Firms commonly use disaggregated accounting information to facilitate efficient contracting over intangible assets …. However, reliance on accounting measures creates information asymmetries and thus a role for contract audits. Using a hand … weaknesses in the licensee's accounting system and reporting flexibility affect the design of two key audit terms — (1) the scope …

Persistent link: https://www.econbiz.de/10012918020