Product market competition and voluntary corporate social responsibility disclosures
This study examines whether and how firms' voluntary forward‐looking nonfinancial
disclosure, specifically their corporate social responsibility (CSR) disclosure, is associated …
disclosure, specifically their corporate social responsibility (CSR) disclosure, is associated …
Corporate diversification, real activities manipulation, and firm value
J Farooqi, O Harris, T Ngo - Journal of Multinational Financial Management, 2014 - Elsevier
We examine the relation between corporate diversification, real earnings management, and
firm value. Our analysis indicates that industrial diversification and the combination of …
firm value. Our analysis indicates that industrial diversification and the combination of …
Myth: External financial reporting quality has a first-order effect on firm value
JL Zimmerman - Accounting Horizons, 2013 - publications.aaahq.org
In this essay, I argue that external financial reporting quality (EFRQ) has at best a second-
order effect on firm value of US publicly traded companies, and that attempts to improve a …
order effect on firm value of US publicly traded companies, and that attempts to improve a …
Bias and the commitment to disclosure
MS Heinle, RE Verrecchia - Management Science, 2016 - pubsonline.informs.org
This paper studies the propensity of firms to commit to disclose information that is
subsequently biased, in the presence of other firms also issuing potentially biased …
subsequently biased, in the presence of other firms also issuing potentially biased …
Noncompliance with mandatory disclosure requirements: The magnitude and determinants of undisclosed permanently reinvested earnings
We develop estimates of a firm's foreign earnings designated as permanently reinvested
(PRE) and the unrecorded deferred tax liability (TAX) associated with PRE that are …
(PRE) and the unrecorded deferred tax liability (TAX) associated with PRE that are …
Quarterly earnings guidance and real earnings management
B García Osma, E Guillamón Saorín… - Journal of Business …, 2023 - Wiley Online Library
We examine if quarterly earnings guidance induces real earnings management. Quarterly
guidance may cause myopia and inefficient decision‐making, if managers become overly …
guidance may cause myopia and inefficient decision‐making, if managers become overly …
Activist hedge funds and firm disclosure
This study examines whether firms' disclosure decisions are affected by the presence of
activist hedge funds. Using a large sample of firms that experienced increases in ownership …
activist hedge funds. Using a large sample of firms that experienced increases in ownership …
Hedge fund ownership and voluntary disclosure
Using 13F filings from 1996 to 2011, we document that hedge fund holdings are negatively
associated with the subsequent frequency of portfolio firms' voluntary disclosure. This is …
associated with the subsequent frequency of portfolio firms' voluntary disclosure. This is …
Labor unemployment concern and corporate discretionary disclosure
We investigate how firms strategically vary their disclosure policies in response to labor
unemployment concern. Using changes in state unemployment insurance laws as …
unemployment concern. Using changes in state unemployment insurance laws as …
The informational feedback effect of stock prices on corporate disclosure
L Zuo - 2013 - dspace.mit.edu
This paper studies whether managers use investor information they learn from the stock
market when making forward-looking disclosures. Using annual management earnings …
market when making forward-looking disclosures. Using annual management earnings …