The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review
© 2019 Elsevier B.V. A fundamental question in accounting is whether and to what extent financial reporting facilitates the allocation of capital to the right investment projects. Over the last two decades, a large and growing body of literature has contributed to our understanding of whether and wh...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier BV
2021
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| Online Access: | https://hdl.handle.net/1721.1/136455 |
| _version_ | 1826214747666644992 |
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| author | Roychowdhury, Sugata Shroff, Nemit Verdi, Rodrigo S |
| author2 | Sloan School of Management |
| author_facet | Sloan School of Management Roychowdhury, Sugata Shroff, Nemit Verdi, Rodrigo S |
| author_sort | Roychowdhury, Sugata |
| collection | MIT |
| description | © 2019 Elsevier B.V. A fundamental question in accounting is whether and to what extent financial reporting facilitates the allocation of capital to the right investment projects. Over the last two decades, a large and growing body of literature has contributed to our understanding of whether and why financial reporting affects investment decision-making. We review the empirical literature on this topic, provide a framework to organize this literature, and highlight opportunities for future research. |
| first_indexed | 2024-09-23T16:10:31Z |
| format | Article |
| id | mit-1721.1/136455 |
| institution | Massachusetts Institute of Technology |
| language | English |
| last_indexed | 2024-09-23T16:10:31Z |
| publishDate | 2021 |
| publisher | Elsevier BV |
| record_format | dspace |
| spelling | mit-1721.1/1364552023-01-10T19:06:05Z The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review Roychowdhury, Sugata Shroff, Nemit Verdi, Rodrigo S Sloan School of Management © 2019 Elsevier B.V. A fundamental question in accounting is whether and to what extent financial reporting facilitates the allocation of capital to the right investment projects. Over the last two decades, a large and growing body of literature has contributed to our understanding of whether and why financial reporting affects investment decision-making. We review the empirical literature on this topic, provide a framework to organize this literature, and highlight opportunities for future research. 2021-10-27T20:35:27Z 2021-10-27T20:35:27Z 2019 2021-04-14T14:09:27Z Article http://purl.org/eprint/type/JournalArticle https://hdl.handle.net/1721.1/136455 en 10.1016/J.JACCECO.2019.101246 Journal of Accounting and Economics Creative Commons Attribution-NonCommercial-NoDerivs License http://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf Elsevier BV SSRN |
| spellingShingle | Roychowdhury, Sugata Shroff, Nemit Verdi, Rodrigo S The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title | The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title_full | The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title_fullStr | The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title_full_unstemmed | The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title_short | The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review |
| title_sort | effects of financial reporting and disclosure on corporate investment a review |
| url | https://hdl.handle.net/1721.1/136455 |
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