Audited Financial Reporting and Voluntary Disclosure as Complements: A Test of the Confirmation Hypothesis

By Ray Ball, Sudarshan Jayaraman, L. Shivakumar. 2012

430 citations recorded by the source corpus.

Subfields: Accounting, Management Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/adf00e20c21a324d19b93a3fdb2d5f4cafc1eda5

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Citations in the corpus

Guiding Through the Fog: Financial Statement Complexity and Voluntary Disclosure (2016, neutral): “One notable exception is Ball et al. (2012), who find that more " verifiable " mandatory disclosures, as measured by higher audit fees, are positively associated with the frequency and quality of management forecasts.”
Voluntary disclosure of non-financial information and its association with sustainability performance (2017, background): “Unlike financial voluntary MEF disclosures, that could be subsequently substantiated by auditors and is often viewed as complements to mandatory financial disclosures (Ball et al., 2012), non-financial voluntary disclosures, including sustainability information, are often not verified by auditors.”
Foreign institutional ownership and auditor choice: Evidence from worldwide institutional ownership (2018, background): “, 2008), more informative voluntary disclosure policies (Ball et al., 2012; DeFond & Zhang, 2014), and lower cost of debt and equity capital (Chang et al.”
Narrative Disclosure and Earnings Performance: Evidence from R&D Disclosures (2014, neutral): “(Beniluz 2004; Ball et al. 2010).”
Societal Trust and Management Earnings Forecasts (2020, background): “Ball et al. (2012) provide direct evidence that high-quality audits, i.e., Big 4 auditors or high audit fees can increase earnings Electronic copy available at: https://ssrn.com/abstract=3535172 27 credibility.21 Moreover, recent studies suggest that IFRS represent high-quality accounting standards…”
Employee Quality and Financial Reporting Outcomes (2017, neutral): “The association between RETVOL and both FREQ and HORIZON is mixed in prior literature (Baik, Farber, and Lee 2011; Ball et al. 2012).”
Knowledge, Compensation, and Firm Value: An Empirical Analysis of Firm Communication (2014, neutral): “The auditing literature suggests that abnormal audit fees are a proxy for two constructs: the importance that management places on financial statement quality and the unexplained risk or firm complexity for the audit (see Ball et al. 2012 and references therein).”
Spreading the Word: Price Discovery and Newswire Dissemination of Management Earnings Guidance (2016, methodology): “I include as controls those variables where covariate balance was not completely achieved in PSM, as well as variables that prior research has shown to affect the market reaction to guidance (e.g., Hutton and Stocken 2009; Ball et al. 2012; Yang 2012).”