Corporate governance and the information content of earnings announcements : a cross-country analysis

• المؤلفون الرئيسيون: Lau, Sie Ting, Shrestha, Keshab, Yu, Jing
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2018
• الموضوعات: Corporate Governance; DRNTU::Business::Accounting; Earnings Management
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/87986; http://hdl.handle.net/10220/46881
• المؤسسة: Nanyang Technological University

Using firm‐level data from 23 developed markets, we document a positive association between overall firm‐level governance quality and the informativeness of earnings announcements measured by abnormal stock return variance. This finding is robust after controlling for the potential endogeneity of fi...