The effects of financial reporting and disclosure on corporate investment: A review

By S. Roychowdhury, Nemit Shroff, Rodrigo S. Verdi. Journal of Accounting & Economics, 2019

557 citations recorded by the source corpus.

A fundamental question in accounting is whether and to what extent financial reporting facilitates the allocation of capital to the right investment projects. Over the last two decades, a large and growing body of literature has contributed to our understanding of whether and why financial reporting affects investment decision-making. We review the empirical literature on this topic, provide a framework to organize this literature, and highlight opportunities for future research.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f27db14fbc1f1c7189080877fbd7b3f63710c400

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. C. Mangen
2. Artyom Durnev
3. Thierry Foucault
4. L. Frésard
5. Rodrigo S. Verdi

In Strategy and Management

1. C. Mangen
2. Artyom Durnev

Citations in the corpus

• The spillover effects of MD&A disclosures for real investment: The role of industry competition (2019, background): “The real channel refers to disclosures that shape investments of the disclosing firm, which influence the investment choices of other companies (Sadka, 2006).”