This paper reviews the literature on the effects of International Financial Reporting
Standards (IFRS) adoption. It aims to provide a cohesive picture of empirical archival …

This survey reviews the literature on sell-side analysts' forecasts and their implications for
asset pricing. We review the literature on the supply and demand forces shaping analysts' …

Environmental, Social and Governance (ESG) concept has internal consistency with the
high-quality development of China's economy theoretically, and implementing ESG concept …

Given the widespread impacts of firm activities on the environment, firms are increasingly
required to disclose environmental information. However, the relation between …

This course examines various conceptual and theoretical approaches to accounting,
including the implications of economics and finance on financial reporting. Focusing on …

We investigate whether aggressive tax planning firms have a less transparent information
environment. Although tax planning provides expected tax savings, it can simultaneously …

Can managers influence the liquidity of their firms' shares? We use plausibly exogenous
variation in the supply of public information to show that firms actively shape their …

Prior research generally interprets complex language in firms' disclosures as indicative of
managerial obfuscation. However, complex language can also reflect the provision of …

Based on derivation of the cost of equity capital in terms of expected cash flows, we
generate a testable hypothesis that relates tax avoidance to a firm's cost of equity capital …

Although recent research documents a positive relation between corporate transparency
and the proportion of independent directors, the direction of causality is unclear. We …