... standards harmonization correlated reporting noises beauty contest investment externality information spillover disclosure IFRS adoption We also consider an extension to explore whether it is necessary to mandate harmonized accounting standards versus leaving the choices to firms. We find...

... information spillover from the bond market into the stock market. Results from the Path analysis suggest that bond market transparency affects stock price crash risk not only directly, but also indirectly through its effects on management guidance, analyst forecasts, and media reports. We also find...

... and are incrementally higher preceding the renegotiation of collective bargaining agreements with unions. Inventory stockpiling at union firms is more salient when capital market pressure for transparency or information spillover from peers constrains managers from using disclosure strategies. We further show...

... to 40.9 percent in cross-sectional analyses. peer events corporate governance internal controls information technology cybersecurity information spillover data breaches Firms in the same industry share similar operational environments, and economic theory suggests that negative peer...

... the Senior Editorship of Mark L. DeFond. 10 2016 6 2019 2020 financial analysts information spillover social networks information advantage Financial development, in the form of accounting and disclosure rules, can reduce the cost differential between internal and external...