... disclosure individual investor initial public offering (IPO) investor demand subscription ACCOUNTING HORIZONS Vol. XX, No. XX MONTH YEAR pp. 1 13 American Accounting Association DOI: 10.2308/HORIZONS-2021-024 Length of IPO Prospectus and Individual Investors Demand for IPO Shares Meeok Cho Myongji...

... governance curbing (1) disclosure of nonpublic price-sensitive information and (2) insider trading, we find that better governance quality is associated with reduced insider trading frequency, value, and profitability around private meetings. Firms with better corporate governance appear to exchange less...

.... 11 09 2020 28 02 2022 07 03 2022 2023 intangible measurement disclosure financial reporting Some observers argue that the relevance of financial statements is declining, citing as evidence an increasing difference between the book value (BV) and market value (MV...

... disclosure timeliness Financial reporting rules require publicly traded banks to disclose three loan loss indicators by loan type in their annual and quarterly financial reports filed with the SEC: (1) non-performing loans (NPL), a stock measure of severe delinquencies; (2) the allowance for loan...

...Federico Siano; Peter Wysocki SYNOPSIS We introduce and apply machine transfer learning methods to analyze accounting disclosures. We use the examples of the new BERT language model and sentiment analysis of quarterly earnings disclosures to demonstrate the key transfer learning concepts of: (1...

... accountability and mitigate corruption. However, we find a low frequency of voluntary disclosures of payments by oil and gas firms, and negative stock price reactions for affected firms at the announcement of regulations mandating disclosure. This suggests that sample firm managers and their investors perceive...

...: a semiannual reporting regime from 1982 to 1985, a quarterly reporting regime from 1986 to 1987, and a monthly reporting regime (both quarterly financial reports and monthly revenue disclosure) from 1988 to 1993. We find that although both switches (from the semiannual reporting regime to the quarterly...

...Joshua J. Filzen SYNOPSIS I examine whether recently required risk factor update disclosures in quarterly reports provide investors with timely information regarding potential future negative economic events. Specifically, I examine whether risk factor updates in 10-Q filings are associated...

... to disclosure of little r revisions. JEL Classifications: M41; M48; G38. Data Availability: All data used in this study are publicly available from the sources indicated. We thank John Shon, Danielle Dunne, Ifthekar Hassan, and seminar participants at Hofstra University, Fordham University...

...Ronald J. Daigle; Robert E. Pinsker; Terence J. Pitre SYNOPSIS Because firms are likely to release both good and bad news in close proximity to each other, it is important to understand what impact a long information set of mixed directional (i.e., both good and bad news) disclosures has...

... comments. December 2012 September 2014 2015 family firms material weakness disclosure dual-class shares internal control corporate governance A family firm is defined as a company where family members, either founders or descendants, continue to hold positions in top...

...Stephen W. Wheeler; Sandra J. Cereola; Timothy J. Louwers SYNOPSIS We examine MD&A disclosure practices concerning the positive transitory impact that LIFO liquidations have on reported earnings. This issue is particularly relevant in light of the recent calls to eliminate LIFO for tax revenue...

... Management Discussion and Analysis (MD&A) disclosure of critical accounting estimates (CAE), including those regarding pension plans. This paper uses a random sample of 147 firms with relatively large defined-benefit pension plans to analyze firms' MD&A pension-related critical accounting estimate...

...Robert J. Bloomfield SYNOPSIS This paper uses a Pragmatic theory of language (drawn from philosophy and linguistics) to diagnose the causes of excessive financial disclosure and propose a regulatory solution. The diagnosis is that existing disclosure regulations are one sided, effectively...

... EDGAR database. Filers tag their financial statements with elements from a taxonomy that defines the reporting concepts so that the XBRL files can be understood by information consumers. The U.S. GAAP taxonomy was designed to represent common reporting practices and support the disclosure requirements...