Segment disclosure transparency and internal capital market efficiency: Evidence from SFAS No. 131

• المؤلف الرئيسي: CHO, Young Jun
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2015
• الموضوعات: SFAS 131; Segment Disclosures; Transparency; Agency Costs; Internal Capital Markets; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research_all/3; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1002&context=soa_research_all

Using the adoption of SFAS 131, I examine the effect of segment disclosure transparency on internal capital market efficiency. SFAS 131 requires firms to define segments as internally viewed by managers, thereby improving the transparency of managerial actions in internal capital allocation. I find...