scholarly journals Segment disclosure quality and relevance under IFRS Vs. U.S. GAAP

2020 ◽  
Vol 6 (1) ◽  
pp. 68
Author(s):  
Jagjit S. Saini ◽  
Gaurav Kumar
Keyword(s):  
Disclosure Quality ◽  
Segment Disclosure

The Economic Consequences of Disclosure Quality under SFAS No. 131

2014 ◽  
Vol 29 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Tsung-Kang Chen ◽  
Yi-Ping Liao
Keyword(s):  
Reporting Quality ◽  
Economic Consequences ◽  
Cost Of Debt ◽  
Yield Spread ◽  
Disclosure Quality ◽  
Standard Deviation Increase ◽  
Yield Spreads ◽  
Segment Reporting ◽  
Bond Yield ◽  
Segment Disclosure

SYNOPSIS We investigate the economic consequences of SFAS No. 131 by evaluating whether improved segment-disclosure quality is associated with the reduction of cost of debt (as measured by bond yield spread). Based on firms' compliance with the disclosure guidance by SFAS No. 131, we construct a score that measures segment-reporting quality. The results indicate that: (1) the level of a firm's compliance with SFAS No. 131 significantly and negatively relates to bond yield spreads, and (2) the time-series variation in the level of a firm's compliance with SFAS No. 131 associates significantly and positively with bond yield spreads. More specifically, the yield spreads decrease 17.065 bps per standard deviation increase in segment-reporting quality. Overall, our findings offer direct motivation for management to commit to high-quality segment reporting.

Determinant of Financial Instruments Disclosure Quality Among Listed Firms in Malaysia

2008 ◽  
Author(s):  
Mohamat Sabri Hassan ◽  
Norman Mohd-Saleh ◽  
Mara Ridhuan Che Abdul Rahman
Keyword(s):  
Financial Instruments ◽  
Disclosure Quality ◽  
Listed Firms

The Effect of Patent Disclosure Quality on Innovation

2020 ◽  
Author(s):  
Travis Dyer ◽  
Stephen Glaeser ◽  
Mark H. Lang ◽  
Caroline Sprecher
Keyword(s):  
Disclosure Quality

MD&A Textual Similarity and Auditors

2020 ◽  
Vol 39 (3) ◽  
pp. 105-131
Author(s):  
Gus De Franco ◽  
Hila Fogel-Yaari ◽  
Heather Li
Keyword(s):  
Financial Reporting ◽  
General Idea ◽  
Disclosure Quality

SUMMARY This study examines the relation between auditors and the unaudited Management Discussion and Analysis (MD&A). We show that MD&As are more textually similar when firms share the same auditor. This result suggests that auditors influence MD&As to be more textually similar merely by reviewing the MD&A. We next show that auditor-related MD&A similarity is positively associated with MD&A readability and that the market reacts to auditor-related MDA modifications. These results provide modest evidence that auditor-related MD&A similarity may improve the MD&A's disclosure quality, consistent with the general idea that more audit influence is a positive financial reporting characteristic.

Responding to “Discrediting” Events: Annual Report Disclosure Responses to Environmental Fines

2002 ◽  
Vol 2 (1) ◽  
pp. 22-40 ◽  
Author(s):  
Hussein Warsame ◽  
Cynthia V. Simmons ◽  
Dean Neu
Keyword(s):  
Impression Management ◽  
Annual Report ◽  
Annual Reports ◽  
Matched Pair ◽  
Disclosure Quality ◽  
Publicly Traded ◽  
Environmental Disclosure ◽  
Environmental Disclosures ◽  
Disclosure Responses

In this study we consider how a discrediting event such as an environmental fine influences the quality of environmental disclosures in subsequent annual reports. Starting from prior work in the areas of impression management along with environmental and social responsibility disclosures, we propose that environmental disclosures provide organizations with a method of “managing” such discrediting events. Using a matched-pair sample of publicly traded Canadian companies that have been subject to environmental fines and those that have not; we analyze changes in pre-fine and post-fine environmental disclosure quality. After controlling for firm-specific characteristics, the provided results are consistent with this explanation.

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