From Low-Quality Reporting to Financial Crises: Politics of Disclosure Regulation Along the Economic Cycle

By Jeremy Bertomeu, Robert P. Magee. 2011

110 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/4e62f36c12ba9272489e305973b148b59235e882

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. A. Allen
2. Edwige Cheynel
3. Bernard Raffournier
4. K. Ramanna
5. Andrei Filip

In Finance

1. Edwige Cheynel
2. Bernard Raffournier
3. K. Ramanna
4. Andrei Filip

Citations in the corpus

• A theory of voluntary disclosure and cost of capital (2013, background): “One important aspect of the model is that the equity risk premium does not depend on the informational frictions and/or characteristics of the disclosure environment, within 15The result also suggests some caution in interpreting single-agent models of disclosure outside of the CRRA framework. For e”
• Corporate Governance and Firm-Specific Stock Price Crashes (2016, unknown): “Moreover during a recession period firms may also be subject to increased monitoring from auditors, creditors and other stakeholders which should also result in managers having less discretion to alter their earnings [Chia et al. (2007); Bertomeu and Magee (2011); Filip and Raffournier (2014)].”
• Financial Accounting in the Banking Industry: A Review of the Empirical Literature (2014, unknown): “2 Governance and the business cycles Related to the argument that regulatory monitoring shapes financial reporting, Bertomeu and Magee (2011) argue that because political power varies through business cycles, regulators may demand less financial transparency when economic conditions initially declin”
• Financial Crisis And Earnings Management: The European Evidence (2014, background): “Bertomeu and Magee (2011) model the dynamics between accounting standards, the quality of financial reporting and the state of the economy.”
• Towards an Understanding of the Role of Standard Setters in Standard Setting (2013, background): “The analogous literature on managers and firm policies employs technologies around jobswitching to address this concern (e.g., Bertrand and Schoar, 2003).”