...Jeff Zeyun Chen; Chee Yeow Lim; Gerald J. Lobo ABSTRACT Prior research based on U.S. data finds that firms with better information quality raise more equity whereas firms with poorer information quality prefer to issue debt when they seek external financing. Little is known about whether the same...

... to affect analyst coverage and information quality. Since analysts are one of the most important and sophisticated groups of financial statement users ( Schipper 1991 ), it is important to understand whether and how voluntary IFRS adoption differentially affects individual analysts' decisions to follow...