透過您的圖書館登入
IP:18.224.33.135
  • 期刊

Importance of Corporate Financial Reporting and Disclosure in Making Economic Decisions

摘要


Financial reporting and disclosure are used to communicate useful information to various users and help them to make appropriate economic decisions. This paper has purpose to clarify the importance of reporting and disclosing accounting information for companies and stakeholders in different aspects, including real investment, debt and equity instruments investment and executive compensation.

參考文獻


S. Roychowdhury, N. Shroff, and R. S. Verdi: The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review, Journal of Accounting and Economics, Vol. 68 (2019), p.1-81.
C.W. Smith, J.B. Warner: On Financial Contracting, Journal of Financial Economics, Vol. 7 (1979) No. 2, p.117–161.
G. Zhang: Accounting Information and Equity Valuation: Theory, Evidence, and Applications (Springer, New York 2014).
S. J. Grossman:The Informational Role of Warranties and Private Disclosure about Product Quality, The Journal of Law & Economics, Vol. 24 (1981) No.3, p.461–483.
Z. Li, L. Wang: Executive Compensation Incentives Contingent on Long-Term Accounting Performance, Review of Financial Studies, Vol.29 (2016) No.6, p.1586-1633.

延伸閱讀