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作者：Beasley, MS
摘要：This study empirically tests the prediction that the inclusion of larger proportions of outside members on the board of directors significantly reduces the likelihood of financial statement fraud, Results from legit regression analysis of 75 fraud and 75 no-fraud firms indicate that no-fraud firms have boards with significantly higher percentages of outside members than fraud firms; however, the presence of an audit committee does not significantly affect the likelihood of financial statement ...
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作者：Lang, MH; Lundholm, RJ
作者单位：University of Michigan System; University of Michigan
摘要：This paper examines the relations between the disclosure practices of firms, the number of analysts following each firm and properties of the analysts' earnings forecasts. Using data from the Report of the Financial Analysts Federation Corporate Information Committee (FAF Report 1985-89), we provide evidence that firms with more informative disclosure policies have a larger analyst following, more accurate analyst earnings forecasts, less dispersion among individual analyst forecasts and less ...
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作者：Barth, ME; Beaver, WH; Landsman, WR
作者单位：University of North Carolina; University of North Carolina Chapel Hill
摘要：This study provides evidence that fair value estimates of loans, securities and long-term debt disclosed under SFAS No. 107 provide significant explanatory power for bank share prices beyond that provided by related book values, In contrast to Eccher et al, (1996) and Nelson (1996), we consistently find incremental explanatory power for loans' fair values, Relatively stronger findings are obtained using a set of significant conditioning variables, including nonperforming loans, and interest-se...
