A Review of the Empirical Disclosure Literature: Discussion

By John E. Core. 2001

697 citations recorded by the source corpus.

Healy and Palepu (2001) provide a broad review of the empirical disclosure literature. This discussion expands on their survey of the empirical voluntary disclosure literature, and offers more specific suggestions for future research.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d6944a8217f55788ebfc1f863c1986c6352ba3ed

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Citations in the corpus

The Relative Value Relevance of Shareholder Versus Stakeholder Corporate Governance Disclosure Policy Reforms in South Africa (2012, positive): “…monitor their compliance with King II to provide more transparent information on their CG practices and be valued higher than those that do not (Core, 2001) and thus, we predict a positive link between the presence of a CG committee (CGCOM) and Q. Finally, following prior research (Guest,…”
Drivers of corporate voluntary disclosure: A framework and empirical evidence from Italy and the United States (2007, background): “Relatively little research exists on the voluntary disclosure practices of companies as they relate to stakeholder groups other than shareholders (Core, 2000; Healy, 2001).”
Narrative Disclosure and Earnings Performance: Evidence from R&D Disclosures (2014, neutral): “importance (Frazier et al. 1984; Core 2001; Beyer et al. 2010).”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, methodology): “This overview complements prior surveys of the empirical disclosure literature (e.g., Healy and Palepu, 2001; Core, 2001; Beyer et al., 2010; Lang and Maffett, 2011).”
The Effect of Reporting Frequency on the Timeliness of Earnings: The Cases of Voluntary and Mandatory Interim Reports (2007, neutral): “important because of the endogenous relation between disclosure frequency and the effects of disclosure (Core, 2001).”
The Effect of Annual Report Readability on Analyst Following and the Properties of Their Earnings Forecasts (2011, positive): “Finally, Li (2008) 8 Specifically, AIG’s Fog Score is 18.51 and Berkshire Hathaway’s is 17.23. The difference between these scores is 1.28 and is interpreted as the number of additional years of formal education required to easily understand the text on a first reading. Further details regarding the”
Aggregated, Voluntary and Mandatory Risk Disclosure Incentives: Evidence from UK FTSE All Share Companies (2013, background): “Managers’ incentive theories Core (2001) and Beyer et al. (2010) argue for further research on the association between voluntary disclosure and managerial incentives conceptualised by agency and signalling theories.”
Does Information Risk Really Matter? An Analysis of the Determinants and Economic Consequences of Financial Reporting Quality (2008, background): “Models such as Dye [1985b, 1986], Verrecchia [1983, 1990], Darrough and Stoughton [1990], Wagenhofer [1990], and Hayes and Lundholm [1996] argue that, all things being equal, the probability of disclosure decreases as the associated proprietary costs increase.”
Australian evidence on corporate governance attributes and their association with forward-looking information in the annual report (2008, background): “Other research suggests that the need for external finance to fund future growth opportunities prompts such firms to increase their voluntary disclosure (Core, 2001).”
The effects of financial reporting and disclosure on corporate investment: A review (2019, background): “2 See also Core (2001), Dye (2001), Magee (2001), Sloan (2001), and Brickley and Zimmerman (2010) for discussions of these literatures.”