Narrative reporting, both in relation to financial and non-financial information, is increasingly
used and often mandated, with significant managerial discretion regarding content. As policy …

Purpose The purpose of this paper is to dismantle the complex issue of “use of accounting
information (AI)” by pointing to different groups of information users, diverging interests and …

Abstract Although the (Integrated Reporting) Framework defines providers of financial
capital as both equity and debt holders, there is a distinct lack of research on the association …

Purpose In recent years, policymakers have increasingly pushed firms to disclose non-
financial information. In Europe, integrated reporting (IR) is an increasingly adopted tool to …

In their revised conceptual frameworks, the IASB and FASB pronounce that in their view
valuation usefulness is the single objective of financial reporting. The present paper …

Investors and analysts are designated as the primary users of financial reports by standard
setters, yet we know very little about their use of accounting information and about their …

This article provides a comprehensive assessment of private firms' financing sources and
their relation with financial reporting practices. We consider debt financing (bank financing …

Big Four accounting firms increasingly focus on non-audit services. Failures in these
services may impair the accounting firm's reputation as an auditor. They may negatively …

We investigate the interplay between creditor financing and the smoothness of earnings
reported by European private firms, and document how heterogeneous debt-contracting …

This work analyses whether financial information quality is relevant to explaining firms'
probability of default. A financial default prediction model for SMEs (Small and Medium …