메뉴 건너뛰기




Volumn 37, Issue 4, 2008, Pages 747-768

Does voluntary disclosure improve stock price informativeness?

Author keywords

[No Author keywords available]

Indexed keywords


EID: 70350310222     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1755-053X.2008.00033.x     Document Type: Article
Times cited : (142)

References (25)
  • 3
    • 0031184823 scopus 로고    scopus 로고
    • Disclosure level and the cost of equity capital
    • Botosan, C.A., 1997, "Disclosure Level and the Cost of Equity Capital," Accounting Review 72, 323-349.
    • (1997) Accounting Review , vol.72 , pp. 323-349
    • Botosan, C.A.1
  • 5
    • 1642331944 scopus 로고    scopus 로고
    • Value-enhancing capital budgeting and firm-specific stock return variation
    • Durnev, A., R. Morck, and B. Yeung, 2004, "Value-Enhancing Capital Budgeting and Firm-Specific Stock Return Variation," Journal of Finance 59, 65-105.
    • (2004) Journal of Finance , vol.59 , pp. 65-105
    • Durnev, A.1    Morck, R.2    Yeung, B.3
  • 6
    • 0346898286 scopus 로고    scopus 로고
    • Does greater firm-specific return variationmean more or less informed stock pricing?
    • Durnev, A., R. Morck, B. Yeung, and P. Zarowin, 2003, "Does Greater Firm-Specific Return VariationMean More or Less Informed Stock Pricing?" Journal of Accounting Research 41, 797-836.
    • (2003) Journal of Accounting Research , vol.41 , pp. 797-836
    • Durnev, A.1    Morck, R.2    Yeung, B.3    Zarowin, P.4
  • 7
    • 2442609381 scopus 로고    scopus 로고
    • Information and the cost of capital
    • Easley, D. and M. O'Hara, 2004, "Information and the Cost of Capital," Journal of Finance 59, 1553-1583.
    • (2004) Journal of Finance , vol.59 , pp. 1553-1583
    • Easley, D.1    O'Hara, M.2
  • 8
    • 0000928969 scopus 로고
    • Risk, Return and Equilibrium-Empirical Tests," Gelb, D.S. and P. Zarowin, 2002, "Corporate Disclosure Policy and the Informativeness of Stock Prices
    • Fama, E.F. and J.D. MacBeth, 1973, "Risk, Return and Equilibrium-Empirical Tests," Journal of Political Economy 81, 607-636.
    • (1973) Journal of Political Economy , vol.81 , pp. 607-636
    • Fama, E.F.1    MacBeth, J.D.2
  • 9
    • 0347347167 scopus 로고    scopus 로고
    • Corporate disclosure policy and the informativeness of stock prices
    • Gelb, D.S. and P. Zarowin, 2002, "Corporate Disclosure Policy and the Informativeness of Stock Prices," Review of Accounting Studies 7, 33-52.
    • Review of Accounting Studies
    • Gelb, D.S.1    Zarowin, P.2
  • 10
    • 0001188867 scopus 로고
    • On the impossibility of informationally efficient markets
    • Grossman, S.J. and J.E. Stiglitz, 1980, "On the Impossibility of Informationally Efficient Markets," American Economic Review 70, 393-408.
    • (1980) American Economic Review , vol.70 , pp. 393-408
    • Grossman, S.J.1    Stiglitz, J.E.2
  • 11
    • 0000388461 scopus 로고    scopus 로고
    • Stock performance and intermediation changes surrounding sustained increases in disclosure
    • Healy, P.M., A.P. Hutton, and K.G. Palepu, 1999, "Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure," Contemporary Accounting Research 16, 485-520.
    • (1999) Contemporary Accounting Research , vol.16 , pp. 485-520
    • Healy, P.M.1    Hutton, A.P.2    Palepu, K.G.3
  • 12
    • 0012319054 scopus 로고    scopus 로고
    • Information asymmetry, corporate disclosure, and the capital markets: Areviewof the empiricaldisclosure literature
    • Healy, P.M. and K.G. Palepu, 2001, "Information Asymmetry, Corporate Disclosure, and the Capital Markets: AReviewof the EmpiricalDisclosure Literature," Journal of Accounting&Economics 31, 405-440.
    • (2001) Journal of Accounting&Economics , vol.31 , pp. 405-440
    • Healy, P.M.1    Palepu, K.G.2
  • 13
    • 30744457624 scopus 로고    scopus 로고
    • R2 Around the world: new theory and new tests
    • Jin, L. and S.C. Myers, 2006, "R2 Around the World: New Theory and New Tests," Journal of Financial Economics 79, 257-292.
    • (2006) Journal of Financial Economics , vol.79 , pp. 257-292
    • Jin, L.1    Myers, S.C.2
  • 14
    • 21344483941 scopus 로고
    • Cross-sectional determinants of analyst ratings of corporate disclosures
    • Lang, M. and R. Lundholm, 1993, "Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures," Journal of Accounting Research 31, 246-271.
    • (1993) Journal of Accounting Research , vol.31 , pp. 246-271
    • Lang, M.1    Lundholm, R.2
  • 15
    • 0030305317 scopus 로고    scopus 로고
    • Corporate disclosure policy and analyst behavior
    • Lang, M.H. and R.J. Lundholm, 1996, "Corporate Disclosure Policy and Analyst Behavior," Accounting Review 71, 467-493.
    • (1996) Accounting Review , vol.71 , pp. 467-493
    • Lang, M.H.1    Lundholm, R.J.2
  • 17
    • 0036628375 scopus 로고    scopus 로고
    • Bringing the future forward: The effect of disclosure on the returns-earnings relation
    • Lundholm, R. and L.A. Myers, 2002, "Bringing the Future Forward: The Effect of Disclosure on the Returns-Earnings Relation," Journal of Accounting Research 40, 809-839.
    • (2002) Journal of Accounting Research , vol.40 , pp. 809-839
    • Lundholm, R.1    Myers, L.A.2
  • 18
    • 0001373089 scopus 로고    scopus 로고
    • The information content of stock markets: Why do emerging markets have synchronous stock price movements?
    • Morck, R., B. Yeung, and W. Yu, 2000, "The Information Content of Stock Markets: Why Do Emerging Markets Have Synchronous Stock Price Movements?" Journal of Financial Economics 58, 215-238.
    • (2000) Journal of Financial Economics , vol.58 , pp. 215-238
    • Morck, R.1    Yeung, B.2    Yu, W.3
  • 20
    • 8744259825 scopus 로고    scopus 로고
    • The influence of analysts, institutional investors, and insiders on the incorporation of market, industry, and firm-specific information into stock prices
    • Piotroski, J.D. and D.T. Roulstone, 2004, "The Influence of Analysts, Institutional Investors, and Insiders on the Incorporation of Market, Industry, and Firm-Specific Information into Stock Prices," Accounting Review 79, 1119-1151.
    • (2004) Accounting Review , vol.79 , pp. 1119-1151
    • Piotroski, J.D.1    Roulstone, D.T.2
  • 21
    • 0039021355 scopus 로고    scopus 로고
    • Costly arbitrage: Evidence from closed-end funds
    • Pontiff, J., 1996, "Costly Arbitrage: Evidence from Closed-End Funds," Quarterly Journal of Economics 111, 1135-1151.
    • (1996) Quarterly Journal of Economics , vol.111 , pp. 1135-1151
    • Pontiff, J.1
  • 22
    • 0001544713 scopus 로고    scopus 로고
    • Presidential Address: R2
    • Roll, R., 1988, "Presidential Address: R2," Journal of Finance 43, 540-566.
    • (1998) Journal of Finance , vol.43 , pp. 540-566
    • Roll, R.1
  • 23
    • 0032359234 scopus 로고    scopus 로고
    • Corporate Disclosure Quality and the Cost of Debt
    • Sengupta, P., 1998, "Corporate Disclosure Quality and the Cost of Debt," Accounting Review 73, 459-474.
    • Accounting Review , vol.73 , pp. 459-474
    • Sengupta, P.1
  • 24
    • 27144473606 scopus 로고    scopus 로고
    • A cognitive theory of corporate disclosures
    • Subrahmanyam, A., 2005, "A Cognitive Theory of Corporate Disclosures," Financial Management 34, 5-33.
    • (2005) Financial Management , vol.34 , pp. 5-33
    • Subrahmanyam, A.1
  • 25
    • 33745869717 scopus 로고    scopus 로고
    • Information markets and the comovement of asset prices
    • Veldkamp, L.L., 2006, "Information Markets and the Comovement of Asset Prices," Review of Economic Studies 73, 823-845.
    • (2006) Review of Economic Studies , vol.73 , pp. 823-845
    • Veldkamp, L.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.