This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …

This paper reviews the literature on the effects of International Financial Reporting
Standards (IFRS) adoption. It aims to provide a cohesive picture of empirical archival …

This study examines the impact of financial statement comparability on ex ante crash risk.
Using the comparability measures of De Franco et al.(2011), we find that expected crash risk …

This paper examines the effect of market participants' information processing costs on firms'
disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) …

We examine annual report text for over 15,000 non-US companies from 42 countries over
the period 1998–2011, focusing on the length of disclosure, presence of boilerplate …

Policy uncertainty (PU) influences the financial and investment decisions of the firm. We use
global data to extend the nascent empirical finance literature on policy uncertainty by …

We survey the burgeoning literature on the determinants and consequences of firm‐specific
future stock price crash risk. We synthesise a vast body of literature on the determinants of …

This study shows that less readable 10‐K reports are associated with higher stock price
crash risk. The results are consistent with the argument that managers can successfully hide …

This study examines whether application of IFRS by non-US firms results in accounting
amounts comparable to those resulting from application of US GAAP by US firms. IFRS firms …

This study examines whether the mandatory adoption of International Financial Reporting
Standards (IFRS) in the European Union significantly improves information comparability in …