Journal of Accounting Research

最新文章

• The economic consequences of increased disclosure AI翻译
  作者：Leuz, C; Verrecchia, RE
  作者单位：University of Pennsylvania
  摘要：Economic theory suggests that a commitment by a firm to increased levels of disclosure should lower the information asymmetry component of the firm's cost of capital. But while the theory is compelling, so far empirical results relating increased levels of disclosure to measurable economic benefits have been mixed. One explanation for the mixed results among studies using data from firms publicly registered in the United States is that, under current U.S. reporting standards, the disclosure en...
• Comparing the accuracy and explainability of dividend, free cash flow, and abnormal earnings equity value estimates AI翻译
  作者：Francis, J; Olsson, P; Oswald, DR
  作者单位：Duke University; University of Wisconsin System; University of Wisconsin Madison; University of London; London Business School
• Motivations for a change in disclosure frequency and its consequences: An examination of voluntary quarterly segment disclosures AI翻译
  作者：Botosan, CA; Harris, MS
  作者单位：Utah System of Higher Education; University of Utah; Syracuse University
• Financial packaging of IPO firms in China AI翻译
  作者：Aharony, J; Lee, CWJ; Wong, TJ
  作者单位：Tel Aviv University; Hong Kong University of Science & Technology; Tulane University
• Discussion of value investing: The use of historical financial statement information to separate winners from losers AI翻译
  作者：Guay, W
  作者单位：University of Pennsylvania
• Discussion of the economic consequences of increased disclosure AI翻译
  作者：Joos, P
  作者单位：Massachusetts Institute of Technology (MIT)
• Discussion of the eyeballs have it: Searching for the value in internet stocks AI翻译
  作者：Keating, EK
  作者单位：Northwestern University
• The eyeballs have it: Searching for the value in internet stocks AI翻译
  作者：Trueman, B; Wong, MHF; Zhang, XJ
  作者单位：University of California System; University of California Berkeley
  摘要：In this paper we provide insights into the manner in which (relatively sparse) accounting information, along with measures of Internet usage, is employed by the market in the valuation of Internet firms. We do not find a significant association between bottom-line net income and our sample firms' market prices, consistent with the claim made by some investors that financial statement information is of very limited use in the valuation of Internet stocks. However, when we decompose net income i...
• Accounting information, capital investment decisions, and equity valuation: Theory and empirical implications AI翻译
  作者：Zhang, GC
  作者单位：Hong Kong University of Science & Technology
• Have financial statements lost their relevance? AI翻译
  作者：Francis, J; Schipper, K
  作者单位：Duke University