메뉴 건너뛰기




Volumn 34, Issue SPEC. ISSUE 3, 2010, Pages 567-594

Market value of voluntary disclosures concerning information security

Author keywords

Bid ask spread; Information security; Market value; Selection bias; Voluntary disclosures

Indexed keywords

COMMERCE; FINANCE;

EID: 77957100955     PISSN: 02767783     EISSN: None     Source Type: Journal    
DOI: 10.2307/25750692     Document Type: Article
Times cited : (226)

References (75)
  • 1
    • 0742329270 scopus 로고    scopus 로고
    • Sfas no. 123: Stock-based compensation expense and equity market values
    • Aboody, D., Barth, M. E., and Kasznik, R. 2004. "SFAS No. 123: Stock-Based Compensation Expense and Equity Market Values," Accounting Review (79:2), pp. 251-275.
    • (2004) Accounting Review , vol.79 , Issue.2 , pp. 251-275
    • Aboody, D.1    Barth, M.E.2    Kasznik, R.3
  • 2
    • 20144374706 scopus 로고    scopus 로고
    • The value relevance of intangibles: The case of software capitalization
    • Aboody, D., and Lev, B. 1998. "The Value Relevance of Intangibles: The Case of Software Capitalization," Journal of Accounting Research (36:3), pp. 161-191.
    • (1998) Journal of Accounting Research , vol.36 , Issue.3 , pp. 161-191
    • Aboody, D.1    Lev, B.2
  • 3
    • 33749612200 scopus 로고    scopus 로고
    • Market reactions to e-business outsourcing announcements: An event study
    • Agrawal, M., Kishore, R., and Rao, H. R. 2006. "Market Reactions to E-Business Outsourcing Announcements: An Event Study," Information & Management (43:7), pp. 861-873
    • (2006) Information & Management , vol.43 , Issue.7 , pp. 861-873
    • Agrawal, M.1    Kishore, R.2    Rao, H.R.3
  • 4
    • 85005305538 scopus 로고
    • The market for 'lemons': Quality uncertainty and the market mechanism
    • Akerlof, G. A. 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," Quarterly Journal of Economics (84:3), pp. 488-500.
    • (1970) Quarterly Journal of Economics , vol.84 , Issue.3 , pp. 488-500
    • Akerlof, G.A.1
  • 5
    • 0030213196 scopus 로고    scopus 로고
    • Value-relevance of nonfinancial information: The wireless communications industry
    • Amir, E., and Lev, B. 1996. "Value-Relevance of Nonfinancial Information: The Wireless Communications Industry," Journal of Accounting & Economics (22:1-3), pp. 3-30.
    • (1996) Journal of Accounting & Economics , vol.22 , Issue.1-3 , pp. 3-30
    • Amir, E.1    Lev, B.2
  • 6
    • 0001936299 scopus 로고    scopus 로고
    • Valuation-based accounting research: Implications for financial reporting and opportunities for future research
    • Barth, M. E. 2000. "Valuation-Based Accounting Research: Implications for Financial Reporting and Opportunities for Future Research," Accounting and Finance (40:1), pp. 7-31.
    • (2000) Accounting and Finance , vol.40 , Issue.1 , pp. 7-31
    • Barth, M.E.1
  • 7
    • 0002437989 scopus 로고    scopus 로고
    • Relative valuation roles of equity book value and net income as a function of financial health
    • Barth, M. E., Beaver, W. H., and Landsman, W. R. 1998. "Relative Valuation Roles of Equity Book Value and Net Income as a Function of Financial Health," Journal of Accounting & Economics (25:1), pp. 1-34.
    • (1998) Journal of Accounting & Economics , vol.25 , Issue.1 , pp. 1-34
    • Barth, M.E.1    Beaver, W.H.2    Landsman, W.R.3
  • 8
    • 0002604906 scopus 로고    scopus 로고
    • The relevance of the value-relevance literature for financial accounting standard setting: Another view
    • Barth, M. E., Beaver, W. H., and Landsman, W. R. 2001. "The Relevance of the Value-Relevance Literature for Financial Accounting Standard Setting: Another View," Journal of Accounting & Economics (31:1-3), pp. 77-104.
    • (2001) Journal of Accounting & Economics , vol.31 , Issue.1-3 , pp. 77-104
    • Barth, M.E.1    Beaver, W.H.2    Landsman, W.R.3
  • 10
    • 65149097065 scopus 로고    scopus 로고
    • Scale effects in capital markets-based accounting research
    • Barth, M. E., and Clinch, G. J. 2009. "Scale Effects in Capital Markets-Based Accounting Research," Journal of Business Finance & Accounting (36:3-4), pp. 253-288.
    • (2009) Journal of Business Finance & Accounting , vol.36 , Issue.3-4 , pp. 253-288
    • Barth, M.E.1    Clinch, G.J.2
  • 11
    • 3042881948 scopus 로고    scopus 로고
    • Barth, M. E., and Kallapur, S. 1996. "The Effects of Cross-Sectional Scale Differences on Regression Results in Empirical Accounting Research," Contemporary Accounting Research (13:2), pp. 527-567.
    • (1996) Contemporary Accounting Research , vol.13 , Issue.2 , pp. 527-567
    • Barth, M.E.1    Kallapur, S.2
  • 12
    • 0011451165 scopus 로고
    • The value of the sec's accounting disclosure requirements
    • Benston, G. J. 1969. "The Value of the SEC's Accounting Disclosure Requirements," Accounting Review (44:3), pp. 515-532.
    • (1969) Accounting Review , vol.44 , Issue.3 , pp. 515-532
    • Benston, G.J.1
  • 13
    • 77957050845 scopus 로고    scopus 로고
    • th annual global state of information security: The end of innocence
    • (a Joint Research Project of CIO and CSO in partnership with PriceWaterhouseCoopers (available online at, accessed june 23, 2008)
    • th Annual Global State of Information Security: The End of Innocence," CIO Magazine (a Joint Research Project of CIO and CSO in partnership with PriceWaterhouseCoopers (available online at http://www.pwc.com/en-BE/be/publications/state-of-infsecurity-pwc-07. pdf; accessed june 23, 2008).
    • (2007) CIO Magazine
    • Berinato, S.1
  • 14
    • 8744240562 scopus 로고    scopus 로고
    • Voluntary disclosure in a multi-audience setting: An empirical investigation
    • Bhojraj, S., Blacconiere, W. G., and D'Souza, H. D. 2004. "Voluntary Disclosure in a Multi-Audience Setting: An Empirical Investigation," Accounting Review (79:4), pp. 921-947.
    • (2004) Accounting Review , vol.79 , Issue.4 , pp. 921-947
    • Bhojraj, S.1    Blacconiere, W.G.2    D'Souza, H.D.3
  • 15
    • 0346898296 scopus 로고    scopus 로고
    • What's my line? A comparison of industry classification schemes for capital market research
    • Bhojraj, S., Lee, C. M. C., and Oler, D. K. 2003. "What's My Line? A Comparison of Industry Classification Schemes for Capital Market Research," Journal of Accounting Research (41:5), pp. 745-774.
    • (2003) Journal of Accounting Research , vol.41 , Issue.5 , pp. 745-774
    • Bhojraj, S.1    Lee, C.M.C.2    Oler, D.K.3
  • 16
    • 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 (72:3), pp. 323-349.
    • (1997) Accounting Review , vol.72 , Issue.3 , pp. 323-349
    • Botosan, C.A.1
  • 17
    • 0031287879 scopus 로고    scopus 로고
    • Incremental information content of required disclosures containedin management discussion and analysis
    • Bryan, S. H. 1997. "Incremental Information Content of Required Disclosures Containedin Management Discussion and Analysis," Accounting Review (72:2), pp. 285-301.
    • (1997) Accounting Review , vol.72 , Issue.2 , pp. 285-301
    • Bryan, S.H.1
  • 18
    • 0037599474 scopus 로고    scopus 로고
    • The economic cost of publicly announced information security breaches: Empirical evidence from the stock market
    • Campbell, K., Gordon, L. A., Loeb, M. P., and Zhou, L. 2003. "The Economic Cost of Publicly Announced Information Security Breaches: Empirical Evidence from the Stock Market," Journal of Computer Security (11:3), pp. 431-448.
    • (2003) Journal of Computer Security , vol.11 , Issue.3 , pp. 431-448
    • Campbell, K.1    Gordon, L.A.2    Loeb, M.P.3    Zhou, L.4
  • 20
    • 33750374630 scopus 로고    scopus 로고
    • Reporting security breaches: A risk to be avoided or responsibility to be embraced?
    • Casey, E. 2004. "Reporting Security Breaches: A Risk to Be Avoided or Responsibility to Be Embraced?," Digital Investigation (1:3), pp. 159-161.
    • (2004) Digital Investigation , vol.1 , Issue.3 , pp. 159-161
    • Casey, E.1
  • 21
    • 7444242205 scopus 로고    scopus 로고
    • The effect of internet security breach announcements on market value: Capital market reactions for breached firms and internet security developers
    • Cavusoglu, H., Mishra, B., and Raghunathan, S. 2004. "The Effect of Internet Security Breach Announcements on Market Value: Capital Market Reactions for Breached Firms and Internet Security Developers," International Journal of Electronic Commerce (9:1), pp. 69-104.
    • (2004) International Journal of Electronic Commerce , vol.9 , Issue.1 , pp. 69-104
    • Cavusoglu, H.1    Mishra, B.2    Raghunathan, S.3
  • 22
    • 38249033644 scopus 로고
    • On cross-sectional analysis in accounting research
    • Christie, A. A. 1987. "On Cross-Sectional Analysis in Accounting Research," Journal of Accounting & Economics (9:3), pp. 231-259.
    • (1987) Journal of Accounting & Economics , vol.9 , Issue.3 , pp. 231-259
    • Christie, A.A.1
  • 23
    • 0010690266 scopus 로고
    • An analysis of inter-temporal and cross-sectional determinants of earnings response coefficients
    • Collins, D. W., and Kothari, S. P. 1989. "An Analysis of Inter-temporal and Cross-Sectional Determinants of Earnings Response Coefficients," Journal of Accounting and Economics (11:2-3), pp. 143-181.
    • (1989) Journal of Accounting and Economics , vol.11 , Issue.2-3 , pp. 143-181
    • Collins, D.W.1    Kothari, S.P.2
  • 24
    • 0031498152 scopus 로고    scopus 로고
    • Changes in the value-relevance of earnings and book values over the past forty years
    • Collins, D. W., Maydew, E. L., and Weiss, I. S. 1997. "Changes in the Value-Relevance of Earnings and Book Values over the Past Forty Years," Journal of Accounting & Economics (24:1), pp. 39-67.
    • (1997) Journal of Accounting & Economics , vol.24 , Issue.1 , pp. 39-67
    • Collins, D.W.1    Maydew, E.L.2    Weiss, I.S.3
  • 25
    • 0033434674 scopus 로고    scopus 로고
    • Equity valuation and negative earnings: The role of book value of equity
    • Collins, D. W., Pincus, M, and Xie, H. 1999. "Equity Valuation and Negative Earnings: The Role of Book Value of Equity," Accounting Review (74:1), pp. 29-62.
    • (1999) Accounting Review , vol.74 , Issue.1 , pp. 29-62
    • Collins, D.W.1    Pincus, M.2    Xie, H.3
  • 26
    • 0041871283 scopus 로고    scopus 로고
    • A review of the empirical disclosure literature: Discussion
    • Core, J. E. 2001. "A Review of the Empirical Disclosure Literature: Discussion," Journal of Accounting and Economics (31:1-3), pp. 441-456.
    • (2001) Journal of Accounting and Economics , vol.31 , Issue.13 , pp. 441-456
    • Core, J.E.1
  • 27
    • 71149116783 scopus 로고
    • The impact of information technology investment announcements on the market value of the firm
    • Dos Santos, B. L., Peffers, K., and Mauer, D. C. 1993. "The Impact of Information Technology Investment Announcements on the Market Value of the Firm," Information Systems Research (4:1), pp. 1-23.
    • (1993) Information Systems Research , vol.4 , Issue.1 , pp. 1-23
    • Dos Santos, B.L.1    Peffers, K.2    Mauer, D.C.3
  • 28
    • 34249067819 scopus 로고    scopus 로고
    • The interpretation of information and corporate disclosure strategies
    • Dutta, S., and Trueman, B. 2002. "The Interpretation of Information and Corporate Disclosure Strategies," Review of Accounting Studies (7:1), pp. 75-96.
    • (2002) Review of Accounting Studies , vol.7 , Issue.1 , pp. 75-96
    • Dutta, S.1    Trueman, B.2
  • 29
    • 0042868548 scopus 로고    scopus 로고
    • An evaluation of 'essays on disclosure' and the disclosure literature in accounting
    • Dye, R. A. 2001. "An Evaluation of 'Essays on Disclosure' and the Disclosure Literature in Accounting," Journal of Accounting and Economics (32:1-3), pp. 181-235.
    • (2001) Journal of Accounting and Economics , vol.32 , Issue.1-3 , pp. 181-235
    • Dye, R.A.1
  • 30
    • 0003313336 scopus 로고    scopus 로고
    • Is information risk a determinant of asset returns?
    • Easley, D., Hvidkjaer, S., and O'Hara, M. 2002. "Is Information Risk a Determinant of Asset Returns?," Journal of Finance (57:5), pp. 2185-2221.
    • (2002) Journal of Finance , vol.57 , Issue.5 , pp. 2185-2221
    • Easley, D.1    Hvidkjaer, S.2    O'Hara, M.3
  • 33
    • 23944453082 scopus 로고    scopus 로고
    • Does disclosure deter or trigger litigation?
    • Field, L., Lowry, M., and Shu, S. 2005. "Does Disclosure Deter or Trigger Litigation?," Journal of Accounting and Economics (39:3), pp. 487-507.
    • (2005) Journal of Accounting and Economics , vol.39 , Issue.3 , pp. 487-507
    • Field, L.1    Lowry, M.2    Shu, S.3
  • 35
    • 21844495066 scopus 로고
    • Self-enforcing voluntary disclosures
    • Gigler, F. 1994. "Self-Enforcing Voluntary Disclosures," Journal of Accounting Research (32:2), pp. 224-240.
    • (1994) Journal of Accounting Research , vol.32 , Issue.2 , pp. 224-240
    • Gigler, F.1
  • 37
    • 33748910435 scopus 로고    scopus 로고
    • The impact of the sarbanes-oxley act on the corporate disclosures concerning information security
    • Gordon, L. A., Loeb, M. P., Lucyshyn, W., and Sohail, T. 2006. "The Impact of the Sarbanes-Oxley Act on the Corporate Disclosures Concerning Information Security," Journal of Accounting and Public Policy (25:5), pp. 503-530.
    • (2006) Journal of Accounting and Public Policy , vol.25 , Issue.5 , pp. 503-530
    • Gordon, L.A.1    Loeb, M.P.2    Lucyshyn, W.3    Sohail, T.4
  • 38
    • 77957076884 scopus 로고    scopus 로고
    • The impact of information security breaches: Has there been a downward shift in costs?
    • (forthcoming
    • Gordon, L. A., Loeb, M. P., and Zhou, L. 2010. "The Impact of Information Security Breaches: Has There Been a Downward Shift in Costs?," Journal of Computer Security (forthcoming
    • (2010) Journal of Computer Security
    • Gordon, L.A.1    Loeb, M.P.2    Zhou, L.3
  • 39
    • 0000465144 scopus 로고
    • The informational role of warranties and private disclosure about product quality
    • Grossman, S. J. 1981. "The Informational Role of Warranties and Private Disclosure About Product Quality," Journal of Law & Economics (24:3), pp. 461-483.
    • (1981) Journal of Law & Economics , vol.24 , Issue.3 , pp. 461-483
    • Grossman, S.J.1
  • 40
    • 58149210589 scopus 로고
    • The information content of losses
    • Hayn, C. 1995. "The Information Content of Losses," Journal of Accounting & Economics (20:2), pp. 125-153.
    • (1995) Journal of Accounting & Economics , vol.20 , Issue.2 , pp. 125-153
    • Hayn, C.1
  • 41
    • 0012319054 scopus 로고    scopus 로고
    • Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature
    • Healy, P. M., and Palepu, K. G. 2001. "Information Asymmetry, Corporate Disclosure, and the Capital Markets: A Review of the Empirical Disclosure Literature," Journal of Accounting & Economics (31:1-3), pp. 405-440.
    • (2001) Journal of Accounting & Economics , vol.31 , Issue.1-3 , pp. 405-440
    • Healy, P.M.1    Palepu, K.G.2
  • 42
    • 0000011585 scopus 로고
    • Dummy endogenous variables in a simultaneous equation system
    • Heckman, J. J. 1978. "Dummy Endogenous Variables in a Simultaneous Equation System," Econometrica (46:4), pp. 931-959.
    • (1978) Econometrica , vol.46 , Issue.4 , pp. 931-959
    • Heckman, J.J.1
  • 43
    • 0002604908 scopus 로고    scopus 로고
    • The relevance of the value-relevance literature for financial accounting standard setting
    • Holthausen, R. W., and Watts, R. L. 2001. "The Relevance of the Value-Relevance Literature for Financial Accounting Standard Setting," Journal of Accounting & Economics (31:1-3), pp. 3-75.
    • (2001) Journal of Accounting & Economics , vol.31 , Issue.1-3 , pp. 3-75
    • Holthausen, R.W.1    Watts, R.L.2
  • 44
    • 84899444129 scopus 로고    scopus 로고
    • The effect of information security incidents on corporate values in the Japanese stock market
    • paper presented at the, October 23-24, Washington, DC.
    • Ishiguro, M., Tanaka, H., Matsuura, K., and Murase, I. 2006. "The Effect of Information Security Incidents on Corporate Values in the Japanese Stock Market," paper presented at the Workshop on the Economics of Securing the Information Infrastructure, October 23-24, Washington, DC.
    • (2006) Workshop on the Economics of Securing the Information Infrastructure
    • Ishiguro, M.1    Tanaka, H.2    Matsuura, K.3    Murase, I.4
  • 45
    • 0040988514 scopus 로고
    • Optimal speculation against an efficient market
    • Jaffe, J. F., and Winkler, R. L. 1976. "Optimal Speculation against an Efficient Market," Journal of Finance (31:1), pp 49-61.
    • (1976) Journal of Finance , vol.31 , Issue.1 , pp. 49-61
    • Jaffe, J.F.1    Winkler, R.L.2
  • 46
    • 0000261213 scopus 로고
    • To warn or not to warn: Management disclosures in the face of an earnings surprise
    • Kasznik, R., and Lev, B. 1995. "To Warn or Not to Warn: Management Disclosures in the Face of an Earnings Surprise," Accounting Review (70:1), pp. 113-134.
    • (1995) Accounting Review , vol.70 , Issue.1 , pp. 113-134
    • Kasznik, R.1    Lev, B.2
  • 47
    • 0037217368 scopus 로고    scopus 로고
    • Time-series coefficient variation in value-relevance regressions: A discussion of core, guay, and van buskirk and new evidence
    • Kothari, S. P., and Shanken, J. 2003. "Time-Series Coefficient Variation in Value-Relevance Regressions: A Discussion of Core, Guay, and Van Buskirk and New Evidence," Journal of Accounting & Economics (34:1-3), pp. 69-87.
    • (2003) Journal of Accounting & Economics , vol.34 , Issue.13 , pp. 69-87
    • Kothari, S.P.1    Shanken, J.2
  • 49
    • 0001560032 scopus 로고
    • Cross-sectional capital market research and model specification
    • Landsman, W. R., and Magliolo, J. 1988. "Cross-Sectional Capital Market Research and Model Specification," Accounting Review (63:4), pp. 586-605.
    • (1988) Accounting Review , vol.63 , Issue.4 , pp. 586-605
    • Landsman, W.R.1    Magliolo, J.2
  • 50
    • 1542555816 scopus 로고    scopus 로고
    • The relation between security returns, firm earnings, and industry earnings
    • Lang, M., and Lundholm, R. 1996. "The Relation between Security Returns, Firm Earnings, and Industry Earnings," Contemporary Accounting Research (13:2), pp. 607-629.
    • (1996) Contemporary Accounting Research , vol.13 , Issue.2 , pp. 607-629
    • Lang, M.1    Lundholm, R.2
  • 52
    • 0242534354 scopus 로고    scopus 로고
    • The economic consequences of increased disclosure
    • Leuz, C., and Verrecchia, R. E. 2000. "The Economic Consequences of Increased Disclosure," Journal of Accounting Research (38:3), pp. 91-124.
    • (2000) Journal of Accounting Research , vol.38 , Issue.3 , pp. 91-124
    • Leuz, C.1    Verrecchia, R.E.2
  • 54
    • 0000513419 scopus 로고
    • Good news and bad news: Representation theorems and applications
    • Milgrom, P. R. 1981. "Good News and Bad News: Representation Theorems and Applications," Bell Journal of Economics (12:2), pp. 380-391.
    • (1981) Bell Journal of Economics , vol.12 , Issue.2 , pp. 380-391
    • Milgrom, P.R.1
  • 55
    • 0000706085 scopus 로고
    • A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix
    • Newey, W. K., and West, K. D. 1987. "A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix," Econometrica (55:3), pp. 703-708.
    • (1987) Econometrica , vol.55 , Issue.3 , pp. 703-708
    • Newey, W.K.1    West, K.D.2
  • 56
    • 84984180909 scopus 로고
    • Earnings, book values, and dividends in equity valuation
    • Ohlson, J. A. 1995. "Earnings, Book Values, and Dividends in Equity Valuation," Contemporary Accounting Research (11:2), pp. 661-687.
    • (1995) Contemporary Accounting Research , vol.11 , Issue.2 , pp. 661-687
    • Ohlson, J.A.1
  • 58
    • 33847764616 scopus 로고    scopus 로고
    • Understanding and mitigating uncertainty in online exchange relationships: A principal-agent perspective
    • Pavlou, P. A., Liang, H., and Xue, Y. 2007. "Understanding and Mitigating Uncertainty in Online Exchange Relationships: A Principal-Agent Perspective," MIS Quarterly (31:1), pp. 105-136.
    • (2007) MIS Quarterly , vol.31 , Issue.1 , pp. 105-136
    • Pavlou, P.A.1    Liang, H.2    Xue, Y.3
  • 59
    • 84978544729 scopus 로고
    • Some formal connections between economic values and yields and accounting numbers
    • Peasnell, K. V. 1982. "Some Formal Connections between Economic Values and Yields and Accounting Numbers," Journal of Business Finance & Accounting (9:3), pp. 361-381.
    • (1982) Journal of Business Finance & Accounting , vol.9 , Issue.3 , pp. 361-381
    • Peasnell, K.V.1
  • 61
    • 39749202878 scopus 로고    scopus 로고
    • Market reaction to patent infringement litigations in the information technology industry
    • Raghu, T. S., Woo, W., Mohan, S. B., ,and Rao, H. R. 2008. "Market Reaction to Patent Infringement Litigations in the Information Technology Industry," Information Systems Frontiers (10:1), pp. 61-75.
    • (2008) Information Systems Frontiers , vol.10 , Issue.1 , pp. 61-75
    • Raghu, T.S.1    Woo, W.2    Mohan, S.B.3    Rao, H.R.4
  • 62
    • 30344453851 scopus 로고    scopus 로고
    • How much security is enough to stop a thief? the economics of outsider theft via computer systems networks
    • paper presented at the, January 27-30, Gosier, Guadeloupe.
    • Schecter, S. E., and Smith, M. 2003. "How Much Security Is Enough to Stop a Thief? The Economics of Outsider Theft Via Computer Systems Networks," paper presented at the Financial Cryptography Conference, January 27-30, Gosier, Guadeloupe.
    • (2003) Financial Cryptography Conference
    • Schecter, S.E.1    Smith, M.2
  • 63
    • 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 (73:4), pp. 459-475.
    • (1998) Accounting Review , vol.73 , Issue.4 , pp. 459-475
    • Sengupta, P.1
  • 65
    • 0031280675 scopus 로고    scopus 로고
    • Earnings disclosures and stockholder lawsuits
    • Skinner, D. J. 1997. "Earnings Disclosures and Stockholder Lawsuits," Journal of Accounting & Economics (23:3), pp. 249-282.
    • (1997) Journal of Accounting & Economics , vol.23 , Issue.3 , pp. 249-282
    • Skinner, D.J.1
  • 66
    • 34250222093 scopus 로고    scopus 로고
    • Interorganizational information sharing in the airline industry: An analysis of stock market responses to code-sharing agreements
    • Song, Y., Woo, W., and Rao, H. R. 2007. "Interorganizational Information Sharing in the Airline Industry: An Analysis of Stock Market Responses to Code-Sharing Agreements," Information Systems Frontiers (9:2-3), pp. 309-324.
    • (2007) Information Systems Frontiers , vol.9 , Issue.23 , pp. 309-324
    • Song, Y.1    Woo, W.2    Rao, H.R.3
  • 67
    • 84977429057 scopus 로고
    • The pricing of security dealer services: An empirical study of nasdaq stocks
    • Stoll, H. R. 1978. "The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks," Journal of Finance (33:4), pp. 1153-1173.
    • (1978) Journal of Finance , vol.33 , Issue.4 , pp. 1153-1173
    • Stoll, H.R.1
  • 68
    • 0001133137 scopus 로고    scopus 로고
    • Coping with systems risk: Security planning models for management decision making
    • Straub, D. W., and Welke, R. J. 1998. "Coping with Systems Risk: Security Planning Models for Management Decision Making," MIS Quarterly (22:4), pp. 441-469.
    • (1998) MIS Quarterly , vol.22 , Issue.4 , pp. 441-469
    • Straub, D.W.1    Welke, R.J.2
  • 69
    • 34249065602 scopus 로고    scopus 로고
    • Voluntary disclosure of information when firms are uncertain of investor response
    • Suijs, J. 2007. "Voluntary Disclosure of Information When Firms Are Uncertain of Investor Response," Journal of Accounting and Economics (43:2-3), pp. 391-410.
    • (2007) Journal of Accounting and Economics , vol.43 , Issue.2-3 , pp. 391-410
    • Suijs, J.1
  • 74
    • 0000095552 scopus 로고
    • White, H. 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity." Econometrica (48:4), pp. 817-838.
    • (1980) Econometrica , vol.48 , Issue.4 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.