Access the full text.
Sign up today, get DeepDyve free for 14 days.
Lambert Lambert, Leuz Leuz, Verrecchia Verrecchia (2007)
Accounting Information, Disclosure, and the Cost of CapitalJournal of Accounting Research, 45
A. Beyer, D. Cohen, Thomas Lys, Beverly Walther (2010)
The Financial Reporting Environment: Review of the Recent LiteratureCapital Markets: Market Efficiency
Rick Antle, Richard Lambert (1988)
Accountants’ Loss Functions and Induced Preferences for Conservatism
R. Dye (1990)
Mandatory vs. Voluntary Disclosures: The Cases of Financial and Real ExternalitiesThe Accounting Review
Rock Rock (2002)
Securities Regulation as Lobster Trap: A Credible Commitment Theory of Mandatory DisclosureCardozo Law Review, 23
Bagnoli Bagnoli, Watts Watts (2005)
Conservative Accounting ChoicesManagement Science, 51
Foster Foster, Olsen Olsen, Shevlin Shevlin (1984)
Earnings Releases, Anomalies, and the Behavior of Security ReturnsThe Accounting Review, 59
R. Ball, P. Brown (1968)
An empirical evaluation of accounting income numbersJournal of Accounting Research, 6
M. Bagnoli, Susan Watts (2004)
Conservative Accounting ChoicesCapital Markets: Market Efficiency
Dye Dye, Verrecchia Verrecchia (1995)
Discretion vs. Uniformity: Choices Among GAAPThe Accounting Review, 70
George Foster (1980)
Externalities and Financial ReportingJournal of Finance, 35
S. Ross (1989)
Information and Volatility: The No-Arbitrage Martingale Approach to Timing and Resolution IrrelevancyJournal of Finance, 44
Richard Lambert, C. Leuz, Robert Verrecchia (2006)
Accounting Information, Disclosure, and the Cost of CapitalFinancial Accounting
R. Watts (2003)
Conservatism in Accounting - Part I: Explanations and ImplicationsAuditing
Mary Barth, Greg Clinch, Toshi Shibano (1999)
International accounting harmonization and global equity marketsJournal of Accounting and Economics, 26
Sudipta Basu (1997)
The conservatism principle and the asymmetric timeliness of earningsJournal of Accounting and Economics, 24
Verrecchia Verrecchia (2001)
Essays on DisclosureJournal of Accounting & Economics, 32
Phillip Stocken, Robert Verrecchia (2004)
Financial Reporting System Choice and Disclosure ManagementThe Accounting Review, 79
Douglas Diamond, Robert Verrecchia (1991)
Disclosure, Liquidity, and the Cost of CapitalJournal of Finance, 46
Qi Chen, T. Hemmer, Yun Zhang (2007)
On the Relation Between Conservatism in Accounting Standards and Incentives for Earnings ManagementIO: Firm Structure
Frank Gigler, T. Hemmer (2001)
Conservatism, Optimal Disclosure Policy, and the Timeliness of Financial ReportsThe Accounting Review, 76
Stanley Baiman, Robert Verrecchia (1996)
The Relation Among Capital Markets, Financial Disclosure, Production Efficiency, and Insider TradingJournal of Accounting Research, 34
Easley Easley, O'Hara O'Hara (2004)
Information and the Cost of CapitalJournal of Finance, 59
R. Dye, Robert Verrecchia (1995)
Discretion vs. Rules: Choices Among GAAPThe Accounting Review
J. Bliss
Management through accounts
N. Stoughton, K. Wong (2003)
Option Compensation, Accounting Choice and Industrial Competition
John Hughes, Jing Liu, Jun Liu (2007)
Information Asymmetry, Diversification, and Cost of CapitalThe Accounting Review, 82
V. Bernard, Jacob Thomas (1989)
POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUMJournal of Accounting Research, 27
Huddart Huddart, Hughes Hughes, Brunnermeier Brunnermeier (1999)
Disclosure Requirements and Stock Exchange Listing Choice in an International ContextJournal of Accounting & Economics, 26
Steven Huddart, Markus Brunnermeier, John Hughes (1998)
Disclosure Requirements and Stock Exchange Listing Choice in an International ContextEuropean Economics eJournal
Y. Kwon (2005)
Accounting Conservatism and Managerial IncentivesManag. Sci., 51
H. Shin (2006)
Disclosure Risk and Price DriftJournal of Accounting Research, 44
Robert Verrecchia (1999)
Disclosure and the cost of capital: A discussionJournal of Accounting and Economics, 26
Maureen O'Hara, D. Easley (2001)
Information and the Cost of CapitalCorporate Finance: Valuation
Robert Wilson (1968)
THE THEORY OF SYNDICATESEconometrica, 36
ABSTRACT This paper considers an overlapping generations model where investors trade in a firm's stock. Investment risk is partly determined by the volatility of the stock price at which current investors can sell their shares to the next generation of investors. It is shown that asymmetric reporting of good and bad news is value relevant as it affects the allocation of risk among future generations of shareholders.
Journal of Accounting Research – Wiley
Published: Dec 1, 2008
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.