메뉴 건너뛰기




Volumn 27, Issue 1, 2008, Pages 19-37

Delays in reporting price-sensitive information: The case of going concern

Author keywords

Audit reports; Disclosure timing; Going concern; Market regulation; Price reaction

Indexed keywords


EID: 38549126762     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2007.11.003     Document Type: Article
Times cited : (25)

References (39)
  • 1
    • 0007640585 scopus 로고    scopus 로고
    • The information content of the president's letter to shareholders
    • Abrahamson E., and Amir E. The information content of the president's letter to shareholders. Journal of Business Finance & Accounting 23 (1996) 1157-1182
    • (1996) Journal of Business Finance & Accounting , vol.23 , pp. 1157-1182
    • Abrahamson, E.1    Amir, E.2
  • 2
    • 84980104458 scopus 로고
    • Financial ratios, discriminant analysis and the prediction of corporate bankruptcy
    • Altman E.I. Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. Journal of Finance 23 4 (1968) 589-609
    • (1968) Journal of Finance , vol.23 , Issue.4 , pp. 589-609
    • Altman, E.I.1
  • 3
    • 38549101250 scopus 로고    scopus 로고
    • American Institute of Certified Public Accountants, 1988. SAS No.58: Reports on Audited Financial Statements. AICPA, New York.
    • American Institute of Certified Public Accountants, 1988. SAS No.58: Reports on Audited Financial Statements. AICPA, New York.
  • 4
    • 38549161170 scopus 로고    scopus 로고
    • Auditing Practices Board, 1993. SAS 600: Auditors' Reports on Financial Statements. APB, London.
    • Auditing Practices Board, 1993. SAS 600: Auditors' Reports on Financial Statements. APB, London.
  • 5
    • 38549172174 scopus 로고    scopus 로고
    • Auditing Practices Board, 1994. SAS 130: The Going Concern Basis in Financial Statements. APB, London.
    • Auditing Practices Board, 1994. SAS 130: The Going Concern Basis in Financial Statements. APB, London.
  • 6
    • 38549181969 scopus 로고    scopus 로고
    • Auditing Practices Board, 1998. Bulletin 1998/7: The Auditors' Association with Preliminary Announcements. APB, London.
    • Auditing Practices Board, 1998. Bulletin 1998/7: The Auditors' Association with Preliminary Announcements. APB, London.
  • 7
    • 84990348074 scopus 로고    scopus 로고
    • Market expectations for first-time going-concern recipients
    • Blay A.D., and Geiger M.A. Market expectations for first-time going-concern recipients. Journal of Accounting, Auditing and Finance 16 3 (2001) 209-226
    • (2001) Journal of Accounting, Auditing and Finance , vol.16 , Issue.3 , pp. 209-226
    • Blay, A.D.1    Geiger, M.A.2
  • 8
    • 0031287879 scopus 로고    scopus 로고
    • Incremental information content of required disclosures contained in management discussion and analysis
    • Bryan S.H. Incremental information content of required disclosures contained in management discussion and analysis. The Accounting Review 72 2 (1997) 285-301
    • (1997) The Accounting Review , vol.72 , Issue.2 , pp. 285-301
    • Bryan, S.H.1
  • 9
    • 38549158542 scopus 로고    scopus 로고
    • Cadbury Committee Working Group on Going Concern, 1994. Going Concern and Financial Reporting: Guidance for Directors of Listed Companies Registered in the UK Gee, London.
    • Cadbury Committee Working Group on Going Concern, 1994. Going Concern and Financial Reporting: Guidance for Directors of Listed Companies Registered in the UK Gee, London.
  • 11
    • 9744273491 scopus 로고    scopus 로고
    • An investigation of investor reaction to the information content of a going concern audit report while controlling for concurrent financial statement disclosures
    • Carlson S.J., Glezen G.W., and Benefield M.E. An investigation of investor reaction to the information content of a going concern audit report while controlling for concurrent financial statement disclosures. Quarterly Journal of Business and Economics 37 3 (1998) 25-39
    • (1998) Quarterly Journal of Business and Economics , vol.37 , Issue.3 , pp. 25-39
    • Carlson, S.J.1    Glezen, G.W.2    Benefield, M.E.3
  • 12
    • 0029715263 scopus 로고    scopus 로고
    • Going concern opinions and the market's reaction to bankruptcy filings
    • Chen K.C.W., and Church B.K. Going concern opinions and the market's reaction to bankruptcy filings. The Accounting Review 71 1 (1996) 117-128
    • (1996) The Accounting Review , vol.71 , Issue.1 , pp. 117-128
    • Chen, K.C.W.1    Church, B.K.2
  • 13
    • 0035255698 scopus 로고    scopus 로고
    • Ethical behavior in the UK audit profession: The case of the self-fulfilling prophecy under going-concern uncertainties
    • Citron D.B., and Taffler R.J. Ethical behavior in the UK audit profession: The case of the self-fulfilling prophecy under going-concern uncertainties. Journal of Business Ethics 29 4 (2001) 353-363
    • (2001) Journal of Business Ethics , vol.29 , Issue.4 , pp. 353-363
    • Citron, D.B.1    Taffler, R.J.2
  • 15
    • 33749638253 scopus 로고
    • Risk measurement when shares are subject to infrequent trading
    • Dimson E. Risk measurement when shares are subject to infrequent trading. Journal of Financial Economics 7 2 (1979) 197-226
    • (1979) Journal of Financial Economics , vol.7 , Issue.2 , pp. 197-226
    • Dimson, E.1
  • 17
    • 38549137422 scopus 로고    scopus 로고
    • Financial Services Authority, 2000. The Listing Rules. FSA, London.
    • Financial Services Authority, 2000. The Listing Rules. FSA, London.
  • 18
    • 0011640033 scopus 로고
    • Qualified audit reports: Their impact on investment decisions
    • Firth M.A. Qualified audit reports: Their impact on investment decisions. The Accounting Review 53 3 (1978) 642-650
    • (1978) The Accounting Review , vol.53 , Issue.3 , pp. 642-650
    • Firth, M.A.1
  • 19
    • 0000164149 scopus 로고
    • The relative information content of the release of financial results data by firms
    • Firth M.A. The relative information content of the release of financial results data by firms. Journal of Accounting Research 19 2 (1981) 521-529
    • (1981) Journal of Accounting Research , vol.19 , Issue.2 , pp. 521-529
    • Firth, M.A.1
  • 20
  • 21
    • 0000645051 scopus 로고
    • A methodology for the analysis of narrative accounting disclosures
    • Frazier K.B., Ingram R.W., and Tennyson B.M. A methodology for the analysis of narrative accounting disclosures. Journal of Accounting Research 22 1 (1984) 318-331
    • (1984) Journal of Accounting Research , vol.22 , Issue.1 , pp. 318-331
    • Frazier, K.B.1    Ingram, R.W.2    Tennyson, B.M.3
  • 22
    • 0000345371 scopus 로고
    • The effects of outliers on the cross-sectional distributional properties of financial ratios
    • Frecka T.J., and Hopwood W.S. The effects of outliers on the cross-sectional distributional properties of financial ratios. The Accounting Review 58 1 (1983) 115-128
    • (1983) The Accounting Review , vol.58 , Issue.1 , pp. 115-128
    • Frecka, T.J.1    Hopwood, W.S.2
  • 23
    • 0031187965 scopus 로고    scopus 로고
    • Disclosure policy choices of UK firms receiving modified audit reports
    • Frost C.A. Disclosure policy choices of UK firms receiving modified audit reports. Journal of Accounting and Economics 23 2 (1997) 163-187
    • (1997) Journal of Accounting and Economics , vol.23 , Issue.2 , pp. 163-187
    • Frost, C.A.1
  • 24
    • 0007114888 scopus 로고
    • The semantic dimensions of financial statements
    • Haried A.A. The semantic dimensions of financial statements. Journal of Accounting Research 10 2 (1972) 376-391
    • (1972) Journal of Accounting Research , vol.10 , Issue.2 , pp. 376-391
    • Haried, A.A.1
  • 26
    • 0034340556 scopus 로고    scopus 로고
    • The incremental information content of SAS No.59 going-concern opinions
    • Holder-Webb L.M., and Wilkins M.S. The incremental information content of SAS No.59 going-concern opinions. Journal of Accounting Research 38 1 (2000) 209-219
    • (2000) Journal of Accounting Research , vol.38 , Issue.1 , pp. 209-219
    • Holder-Webb, L.M.1    Wilkins, M.S.2
  • 27
    • 0039372663 scopus 로고    scopus 로고
    • Bad news travels slowly: Size, analyst coverage, and the profitability of momentum strategies
    • Hong H., Lim T., and Stein J.C. Bad news travels slowly: Size, analyst coverage, and the profitability of momentum strategies. Journal of Finance 55 1 (2000) 265-295
    • (2000) Journal of Finance , vol.55 , Issue.1 , pp. 265-295
    • Hong, H.1    Lim, T.2    Stein, J.C.3
  • 28
    • 0030100151 scopus 로고    scopus 로고
    • The information content of the auditor's going concern evaluation
    • Jones F.L. The information content of the auditor's going concern evaluation. Journal of Accounting and Public Policy 15 1 (1996) 1-27
    • (1996) Journal of Accounting and Public Policy , vol.15 , Issue.1 , pp. 1-27
    • Jones, F.L.1
  • 29
    • 0000261213 scopus 로고
    • To warn or not to warn: Management disclosures in the face of an earnings surprise
    • Kasznik K., and Lev B. To warn or not to warn: Management disclosures in the face of an earnings surprise. The Accounting Review 70 1 (1995) 113-134
    • (1995) The Accounting Review , vol.70 , Issue.1 , pp. 113-134
    • Kasznik, K.1    Lev, B.2
  • 30
    • 38549163744 scopus 로고    scopus 로고
    • Kothari, S.P., Shu, S., Wysocki, P., 2005. Do managers withhold bad news? Working paper. Sloan School of Management, MIT.
    • Kothari, S.P., Shu, S., Wysocki, P., 2005. Do managers withhold bad news? Working paper. Sloan School of Management, MIT.
  • 32
    • 0002935284 scopus 로고
    • Towards an explanation of auditor failure to modify the audit opinions of bankrupt companies
    • McKeown J.C., Mutchler J.F., and Hopwood W.S. Towards an explanation of auditor failure to modify the audit opinions of bankrupt companies. Auditing: A Journal of Practice Theory 10 supplement (1991) 1-13
    • (1991) Auditing: A Journal of Practice Theory , vol.10 , Issue.SUPPL , pp. 1-13
    • McKeown, J.C.1    Mutchler, J.F.2    Hopwood, W.S.3
  • 33
    • 0031502209 scopus 로고    scopus 로고
    • The influence of contrary information and mitigating factors on audit opinion decisions on bankrupt companies
    • Mutchler J.F., Hopwood W.S., and McKeown J.C. The influence of contrary information and mitigating factors on audit opinion decisions on bankrupt companies. Journal of Accounting Research 35 2 (1997) 295-310
    • (1997) Journal of Accounting Research , vol.35 , Issue.2 , pp. 295-310
    • Mutchler, J.F.1    Hopwood, W.S.2    McKeown, J.C.3
  • 35
    • 10244222921 scopus 로고    scopus 로고
    • Disclosure timing: Determinants of quarterly earnings release dates
    • Sengupta P. Disclosure timing: Determinants of quarterly earnings release dates. Journal of Accounting and Public Policy 23 6 (2004) 457-482
    • (2004) Journal of Accounting and Public Policy , vol.23 , Issue.6 , pp. 457-482
    • Sengupta, P.1
  • 36
    • 21344476154 scopus 로고
    • Why firms voluntarily disclose bad news
    • Skinner D. Why firms voluntarily disclose bad news. Journal of Accounting Research 32 1 (1994) 38-60
    • (1994) Journal of Accounting Research , vol.32 , Issue.1 , pp. 38-60
    • Skinner, D.1
  • 37
    • 0031280675 scopus 로고    scopus 로고
    • Earnings disclosures and stockholder lawsuits
    • Skinner D. Earnings disclosures and stockholder lawsuits. Journal of Accounting and Economics 23 3 (1997) 249-282
    • (1997) Journal of Accounting and Economics , vol.23 , Issue.3 , pp. 249-282
    • Skinner, D.1
  • 38
    • 0000606001 scopus 로고
    • Empirical models for the monitoring of UK corporations
    • Taffler R.J. Empirical models for the monitoring of UK corporations. Journal of Banking and Finance 8 2 (1984) 199-227
    • (1984) Journal of Banking and Finance , vol.8 , Issue.2 , pp. 199-227
    • Taffler, R.J.1
  • 39
    • 12344291649 scopus 로고    scopus 로고
    • In denial? Stock market underreaction to going-concern audit report disclosures
    • Taffler R.J., Lu J., and Kausar A. In denial? Stock market underreaction to going-concern audit report disclosures. Journal of Accounting and Economics 38 1-3 (2004) 263-296
    • (2004) Journal of Accounting and Economics , vol.38 , Issue.1-3 , pp. 263-296
    • Taffler, R.J.1    Lu, J.2    Kausar, A.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.