We investigate a key assumption underlying much of the experimental research in financial
accounting that graduate business students are a good proxy for nonprofessional investors …

Prior research indicates that greater transparency in reporting formats facilitates the
detection of earnings management. The current study hypothesizes and demonstrates that …

Reliability is an essential characteristic for accounting information to be useful for decision
making. Reliability represents the extent to which the information is unbiased, free from …

Schrand and Walther's (2000) archival evidence suggests that managers strategically
disclose prior‐period benchmarks in current earnings announcements, which, in turn …

Prior research provides evidence that information affects financial statement users'
judgments less when that information is provided in a less accessible format (eg, information …

While increased disclosure is helpful in reducing information asymmetry, investors tend to
discount firm‐initiated disclosures due to the perception that management may be biased …

This paper examines how users' understanding of the financial statement impact of
accounting alternatives and the disclosure choices management has made jointly influence …

This paper addresses choice of subjects in experiments with particular attention paid to the
use of students. We first review the literature concerning internal and external validity …