What Determines Corporate Transparency

By Robert M. Bushman, Joseph D. Piotroski, Abbie J. Smith. 2004

2,044 citations recorded by the source corpus.

Subfields: Accounting, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/47f1475b69220ad29ea902330cb9a44a82a15621

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Citations in the corpus

Corporate Incentives to Disclose Carbon Information: Evidence from the CDP Global 500 Report (2012, positive): “To avoid the multicollinearity problem, we conduct a factor analysis to form only two factors (labeled as WGI1 and WGI2) that capture the unobservable nature of the country-level environmental regulatory stringency (Al-Tuwaijri et al., 2004; Bushman et al., 2004).”
Political Rights and the Cost of Debt (2010, neutral): “18 For more on sovereign ratings see Cantor and Packer (1996a and 1996b), Kaminsky and Schmukler (2002), and Gande and Parsley (2007).”
The Role of Newswires in Screening and Disseminating Value-Relevant Information in Periodic SEC Reports (2011, positive): “We also consider nonparametric measures for our dependent variables following Easton and Zmijewski (1993) and Carter and Soo (1999). In the stock return model, DV is a Ztransformation of rank scores calculated for each calendar year and each firm based on the daily absolute value of raw returns minu”
The economic value of regulated disclosure: Evidence from the banking sector (2006, methodology): “Bushman, Piotroski, and Smith (2004) provide a framework for conceptualizing and measuring corporate transparency.”
Global Accounting Convergence and the Potential Adoption of IFRS by the United States: An Analysis of Economic and Policy Factors (2009, background): “30 likely create a strong demand for transparent reporting (e.g., Ball et al., 2000; Bushman et al., 2004; Burgstahler et al., 2006).”
The Joint Effect of Investor Protection and Big 4 Audits on Earnings Quality around the World (2008, neutral): “Prior research documents greater financial transparency in countries with stronger investor protection regimes (Bhattacharya et al. 2003; Bushman et al. 2004), and there is evidence that earnings that are less managed and more value relevant in these countries (e.”
Property rights protection, corporate transparency, and growth (2009, positive): “…holdings in order to reduce the likelihood that the state will expropriate them in countries where the likelihood of such expropriation is high.10 Bushman, Piotroski, and Smith (2004) document that governance transparency is primarily related to a country's legal regime, whereas the financial…”
Measuring Country Differences in Enforcement of Accounting Standards: An Audit and Enforcement Proxy (2013, positive): “In contrast, Model 8 shows the relationship of transparency and accounting enforcement is not observed for financial disclosure narrowly defined when the dependent variable is just one measure of financial disclosure (used within Bushman et al.’s factor analysis). Another issue for investigation in ”
Societal trust and corporate tax avoidance (2018, neutral): “The first measure is the CIFAR disclosure index of the country (DISC), 14 which has been used in prior studies (e.g., Bushman et al. 2004) to capture financial disclosure intensity.”