I argue that external financial reporting quality has at best a 2nd order effect on firm value of U.S. publicly traded … companies and that attempts to improve a firm's external reporting quality has a 3rd order effect on these firms' value …. Recognizing that external financial reporting quality is at best a 2nd order effect on firm value imposes an important external …

examine four accounting-based financial reporting quality proxies and, to reflect broader economics, we examine cost of debt …Are “full audits” cost-effective in improving financial reporting quality compared to “reviews,” which are based …. We find financial reporting quality for both reviews and audits is significantly better than for compilations, but is …

reporting quality. In China, province-level variations in implementing tax-penalty discretionary benchmarks provide a quasi …-natural experiment to explore how tax enforcement standardisation affects corporate financial reporting quality. We show that when tax … standardisation and corporate financial reporting quality compared with the ex-ante period. Moreover, this positive relationship is …

This paper examines the consequences of Financial Reporting Quality (FRQ) on Corporate Performance, using three proxies … estimator proposed by Arellano and Bond (1991), highlights the positive effect of financial reporting quality (FRQ) on financial … accounting conservatism) and for an aggregated measure for the previous three proxies of FRQ. The empirical evidence shows that …