This paper advocates for a drastic transformation of government accountability and
reporting. With the availability of Big Data and the advancement of technologies, the existing …

This study focuses on the accessibility of Management's Discussion and Analysis (MD&A), a
key part of the GASB 34 financial reporting framework. We analyze MD&As extracted from …

Adaptation by cities is critical in reducing the inevitable impact of climate change. Here we
present the first large-sample evidence of cities' adaptation to elevated flood risk, a key …

We study the textual content of MD&A disclosures. Specifically, we model the determinants
of linguistic tone (based on the fraction of positive or negative words) in municipal MD&A …

We investigate relations between the textual content of municipal Management Discussion
and Analysis (MD&A) disclosures and future financial reporting. Specifically, we examine the …

As the summary narrative introducing the comprehensive annual financial report (CAFR)
issued by state or local governments in the US, the Management's Discussion and Analysis …

This exploratory research applied an experimental design to gain insight into the success by
which well-crafted MD&As allow laymen to extract meaningful information about a …

This study explores the factors that contribute to the text complexity of local government
communication and whether text complexity varies with governments' financial performance …

Despite abundant research on government transparency, there have been a limited number
of empirical studies that assess government transparency by directly examining the content …

Synopsis Using a unique setting in which the standard setter (the Governmental Accounting
Standards Board) provides guidance on the content of Management Discussion and …