RESEARCH ON THE CORRELATION BETWEEN EARNINGS OPACITY AND DISCLOSURE QUALITY OF ACCOUNTING INFORMATION
Accounting information is the key for the investors and creditors to investigate the operation situation of the listed companies. With the increase of information demand, the measure standards of disclosure quality of lis ted companies are updating and get stricter. Based on the data of 62 listed companies, this paper studies the ex planatory power of earnings opacity to disclosure quality of listed companies by regression analysis. It finds earnings opacity has certain explanatory power to disclosure quality, and earnings aggressiveness and smoothing together contribute more than a single index. In addition, compared with the original index system, the adjus ted index system of earnings opacity has better applicability in domestic capital market.
Disclosure quality of listed companies Earnings aggressiveness Earnings opacity Earnings smoothing
Yanjie Hu Junjing Han
School of Economics and Management, Beihang University, Beijing 100083, China
国际会议
The Ninth International Conference on Industrial Management(第九届工业管理国际会议 ICIM2008)
日本大阪
英文
427-432
2008-09-16（万方平台首次上网日期，不代表论文的发表时间）