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The Effect of Mandatory Disclosure on Market Inefficiencies: Evidence from FASB Statement No. 161
16 references·5 citing·38 second hopsampled
The Effect of Mandatory Disclosure on Market Inefficiencies: Evidence from FASB Statement No. 161 (2020)The Effect of Mandatory Disclosure on Mar…A five-factor asset pricing model (2014)A five-factor asset pricing m…Earnings quality: Evidence from the field (2013)Earnings quality: Evidence fr…Common Errors: How to (and Not to) Control for Unobserved Heterogeneity (2012)Common Errors: How to (and No…The financial reporting environment: Review of the recent literature (2010)The financial reporting envir…Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences (2008)Mandatory IFRS Reporting arou…Limited attention, information disclosure, and financial reporting (2003)Limited attention, informatio…The Use of Foreign Currency Derivatives and Firm Market Value (2001)The Use of Foreign Currency D…Capital markets research in accounting (2001)Capital markets research in a…The Delisting Bias in CRSP Data (1997)The Delisting Bias in CRSP Da…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Industry costs of equity (1997)Industry costs of equityRETHINKING RISK MANAGEMENT (1996)RETHINKING RISK MANAGEMENTTime-Varying Distributions and Dynamic Hedging with Foreign Currency Futures (1993)Time-Varying Distributions an…Risk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Determinants of Firms' Hedging Policies (1985)The Determinants of Firms' He…The Information Asymmetry Effects of Expanded Disclosures About Derivative and Hedging Activities (2021)The Information Asymmetry Eff…Information Externalities of SFAS 161: Evidence from Supply Chains (2020)Information Externalities of …Do Debt Investors Adjust Financial Statement Ratios When Financial Statements Fail to Reflect Economic Substance? Evidence from Cash Flow Hedges*† (2020)Do Debt Investors Adjust Fina…Determinants and Consequences of Firms' Derivative Accounting Decisions (2020)Determinants and Consequences…Complexity as a Proxy for Risk when Evaluating Derivative Securities (2020)Complexity as a Proxy for Ris…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Illiquidity and stock returns: cross-section and time-series effects (2002)Positive Accounting Theory (1985)Law and Finance (1998)Earnings management and investor protection: an international comparison (2003)Nonfinancial Disclosure and Analyst Forecast Accuracy: International Evidence on Corporate Social Responsibility Disclosure (2012)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Disclosure processing costs, investors’ information choice, and equity market outcomes: A review (2020)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)On financial contracting (1979)Optimal capital structure under corporate and personal taxation (1980)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Managerial incentives and risk-taking☆ (2005)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Investor Inattention and Friday Earnings Announcements (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)In Search of Attention (2011)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Dissecting green returns (2022)Determinants of corporate borrowing (1977)The theory and practice of corporate finance: evidence from the field (2001)The Cash Flow Sensitivity of Cash (2004)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Editor's Choice Digesting Anomalies: An Investment ApproachDo Shareholders Benefit from Green Bonds? (2018)Empirical Asset Pricing via Machine Learning (2020)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 2014A five-factor asset pricing model7,841 cited
  • 1997Industry costs of equity5,793 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 2001Capital markets research in accounting2,575 cited
  • 2003Limited attention, information disclosure, and financial reporting2,339 cited
  • 2008Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences2,174 cited
  • 1993Time-Varying Distributions and Dynamic Hedging with Foreign Currency Futures1,528 cited
  • 1996RETHINKING RISK MANAGEMENT1,205 cited
  • 2012Common Errors: How to (and Not to) Control for Unobserved Heterogeneity1,156 cited
  • 2013Earnings quality: Evidence from the field1,102 cited
  • 2001The Use of Foreign Currency Derivatives and Firm Market Value1,060 cited
  • 1997

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The Delisting Bias in CRSP Data
1,057 cited

Cited by

  • 2020Information Externalities of SFAS 161: Evidence from Supply Chains42 cited
  • 2020Determinants and Consequences of Firms' Derivative Accounting Decisions37 cited
  • 2021The Information Asymmetry Effects of Expanded Disclosures About Derivative and Hedging Activities25 cited
  • 2020Do Debt Investors Adjust Financial Statement Ratios When Financial Statements Fail to Reflect Economic Substance? Evidence from Cash Flow Hedges*†18 cited
  • 2020Complexity as a Proxy for Risk when Evaluating Derivative Securities1 cited