Does Information Risk Really Matter? An Analysis of the Determinants and Economic Consequences of Financial Reporting Quality

By Daniel A. Cohen. 2008

128 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/89ca246e60a14cd2ad89d8cba5e26bab75adc0f9

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Citations in the corpus

The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, background): “By their very nature, proxies for earnings and accruals quality are inherently connected to a firm’s economic characteristics and performance because the accounting system measures economic performance (see, e.g., Kothari et al., 2005; Hribar and Nichols, 2007; Cohen, 2008).”
Is Accruals Quality a Priced Risk Factor (2008, unknown): “18 Cohen (2003) shows that the relation between a binary measure of AQ and the implied cost of capital becomes insignificant when the binary measure of AQ is replaced by its predicted value in an instrumental variables procedure.”
On the Use of Instrumental Variables in Accounting Research (2010, background): “In contrast, Cohen (2008) finds that the relation between his measures of reporting quality and cost of capital is no longer significant after taking into account the endogeneity of the choice of reporting quality.”
Does Earnings Quality Affect Information Asymmetry? Evidence from Trading Costs*: Earnings Quality and Information Asymmetry (2013, unknown): “However, Core, Guay, and Verdi (2008) show that the pricing effect of accruals/earnings quality documented in FLOS (2005) is not robust.”
Accruals Quality, Stock Returns, and Macroeconomic Conditions (2010, unknown): “Cohen (2008) finds evidence of a negative association between firms' total risk and financial reporting quality, after controlling for firm-specific characteristics that determine financial reporting quality.”
A theory of voluntary disclosure and cost of capital (2013, background): “(2004), Nikolaev and Van Lent (2005), and Cohen (2008)). To capture the endogenous disclosure decision, this dissertation provides a model in which firms choose their disclosure to maximize their market value. In the model, firms with favorable private information are more likely to disclose. Such d”