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Motivations for a Change in Disclosure Frequency and Its Consequences: An Examination of Voluntary Quarterly Segment Disclosures
15 references·16 citing·43 second hopsampled
Motivations for a Change in Disclosure Frequency and Its Consequences: An Examination of Voluntary Quarterly Segment Disclosures (2000)Motivations for a Change in Disclosure Fr…Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure* (1999)Stock Performance and Interme…The Association between Competition and Managers' Business Segment Reporting Decisions (1998)The Association between Compe…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…Segment Reporting to the Capital Market in the Presence of a Competitor (1996)Segment Reporting to the Capi…Corporate Disclosure Policy and Analyst Behavior. (1996)Corporate Disclosure Policy a…Discretionary Disclosure and External Financing. (1995)Discretionary Disclosure and …Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets* (1995)Disclosure Policy, Informatio…Differential Interpretation of Public Signals and Trade in Speculative Markets (1995)Differential Interpretation o…Differences of Opinion Make a Horse Race (1993)Differences of Opinion Make a…Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Cross-Sectional Determinants …The Management of Corporate Financial Disclosure: Opportunism, Ritualism, Policies, and Processes (1990)The Management of Corporate F…The Effects of Beta, Bid-Ask Spread, Residual Risk, and Size on Stock Returns (1989)The Effects of Beta, Bid-Ask …Disclosure Decisions by Firms and the Competition for Price Efficiency (1989)Disclosure Decisions by Firms…Asset pricing and the bid-ask spread (1986)Asset pricing and the bid-ask…Differential Information and Security Market Equilibrium (1985)Differential Information and …Can digital transformation improve the information environment of the capital market? Evidence from the analysts' prediction behaviour (2021)Can digital transformation im…Redacting proprietary information at the initial public offering (2016)Redacting proprietary informa…Peer Effects in Corporate Disclosure Decisions (2016)Peer Effects in Corporate Dis…Financial reporting frequency, information asymmetry, and the cost of equity (2012)Financial reporting frequency…Challenges and opportunities in disclosure research—A discussion of ‘the financial reporting environment: Review of the recent literature’ (2011)Challenges and opportunities …Discretionary Disclosure in Financial Reporting: An Examination Comparing Internal Firm Data to Externally Reported Segment Data (2010)Discretionary Disclosure in F…The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research (2008)The Limitations of Industry C…Intertemporal Dynamics of Corporate Voluntary Disclosures (2008)Intertemporal Dynamics of Cor…The effect of reporting frequency on the timeliness of earnings: The cases of voluntary and mandatory interim reports (2007)The effect of reporting frequ…Private Earnings Guidance and Its Implications for Disclosure Regulation (2007)Private Earnings Guidance and…Corporate environmental disclosure, financial markets and the media: An international perspective (2007)Corporate environmental discl…The Role of Information Precision in Determining the Cost of Equity Capital (2004)The Role of Information Preci…Disclosure timing: Determinants of quarterly earnings release dates (2004)Disclosure timing: Determinan…Disclosure Quality and the Excess Value of Diversification (2004)Disclosure Quality and the Ex…Quality of Financial Reporting Choice: Determinants and Economic Consequences (2003)Quality of Financial Reportin…Corporate Disclosure Quality and Properties of Analysts' Information Environment (2003)Corporate Disclosure Quality …Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Optimal Release of Information By Firms (1985)Why Firms Voluntarily Disclose Bad News (1994)Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions? (2005)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Coefficient Alpha and the Internal Structure of Tests (1951)Disclosure, Liquidity, and the Cost of Capital (1991)The Cross-Section of Expected Stock Returns (1992)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Applied Statistical Decision Theory (1962)Misspecification of capital asset pricing (1981)The relationship between return and market value of common stocks (1981)The real term structure and consumption growth (1988)Assessing Alternative Proxies for the Expected Risk Premium (2005)Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency (2014)On the Impossibility of Informationally Efficient Markets (1980)Continuous Auctions and Insider Trading (1985)Noise Trader Risk in Financial Markets (1990)What Makes Investors Trade? (2001)Differences of Opinion, Short-Sales Constraints, and Market Crashes (2003)Individualism and Momentum around the World (2010)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Intellectual capital disclosure and corporate governance structure in UK firms (2008)Investor Relations, Firm Visibility, and Investor Following (2012)The economic consequences associated with integrated report quality: Capital market and real effects (2017)Risk, Return, and Equilibrium: Empirical Tests (1973)The theory and practice of econometrics (1986)Illiquidity and stock returns: cross-section and time-series effects (2002)Liquidity Risk and Expected Stock Returns (2003)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The financial reporting environment: Review of the recent literature (2010)Specification Tests in Econometrics (1978)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)The Structure of Scientific Revolutions (1963)A Theory of Intraday Patterns: Volume and Price Variability (1988)Breadth of ownership and stock returns (2002)Disagreement and the Stock Market (2007)
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References

  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 1997Disclosure level and the cost of equity capital.3,577 cited
  • 1996Corporate Disclosure Policy and Analyst Behavior.2,743 cited
  • 1993Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures2,643 cited
  • 1999Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure*1,882 cited
  • 1993Differences of Opinion Make a Horse Race1,650 cited
  • 1995Differential Interpretation of Public Signals and Trade in Speculative Markets1,192 cited
  • 1995Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets*1,183 cited
  • 1985Differential Information and Security Market Equilibrium928 cited
  • 1995Discretionary Disclosure and External Financing.646 cited
  • 1990The Management of Corporate Financial Disclosure: Opportunism, Ritualism, Policies, and Processes634 cited
  • 1989The Effects of Beta, Bid-Ask Spread, Residual Risk, and Size on Stock Returns522 cited
  • 1998The Association between Competition and Managers' Business Segment Reporting Decisions517 cited
  • 1989Disclosure Decisions by Firms and the Competition for Price Efficiency434 cited
  • 1996Segment Reporting to the Capital Market in the Presence of a Competitor

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389 cited

Cited by

  • 2008The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research419 cited
  • 2007Corporate environmental disclosure, financial markets and the media: An international perspective405 cited
  • 2012Financial reporting frequency, information asymmetry, and the cost of equity293 cited
  • 2016Peer Effects in Corporate Disclosure Decisions260 cited
  • 2004The Role of Information Precision in Determining the Cost of Equity Capital257 cited
  • 2007Private Earnings Guidance and Its Implications for Disclosure Regulation231 cited
  • 2021Can digital transformation improve the information environment of the capital market? Evidence from the analysts' prediction behaviour225 cited
  • 2010Discretionary Disclosure in Financial Reporting: An Examination Comparing Internal Firm Data to Externally Reported Segment Data213 cited
  • 2007The effect of reporting frequency on the timeliness of earnings: The cases of voluntary and mandatory interim reports195 cited
  • 2004Disclosure timing: Determinants of quarterly earnings release dates187 cited
  • 2011Challenges and opportunities in disclosure research—A discussion of ‘the financial reporting environment: Review of the recent literature’186 cited
  • 2004Disclosure Quality and the Excess Value of Diversification179 cited
  • 2008Intertemporal Dynamics of Corporate Voluntary Disclosures176 cited
  • 2016Redacting proprietary information at the initial public offering171 cited
  • 2003Quality of Financial Reporting Choice: Determinants and Economic Consequences167 cited
  • 2003Corporate Disclosure Quality and Properties of Analysts' Information Environment157 cited