Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/2690
Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Undertaking large-scale disclosure studies when AIMR-FAF ratings are not available: The case of prices leading earnings
Authors: Hussainey, Khaled
Schleicher, Thomas
Walker, Martin
Contact Email: Khaled.Hussainey@stir.ac.uk
Keywords: Voluntary disclosure
Prices leading earnings
Content analysis
Issue Date: 2003
Publisher: Wolters Kluwer / The Institute of Chartered Accountants in England and Wales
Citation: Hussainey K, Schleicher T & Walker M (2003) Undertaking large-scale disclosure studies when AIMR-FAF ratings are not available: The case of prices leading earnings, Accounting and Business Research, 33 (4), pp. 275-294.
Abstract: The paper presents a new methodology for evaluating corporate voluntary disclosures in the annual report discussion section. Based on a new dataset of electronic annual reports and a standard text analysis software package, we text-search a large number of annual reports at minimal (marginal) cost. The resulting sample sizes are comparable to those employed in studies based on the AIMR-FAF database. A major advantage of our new scoring system is that it is adaptable to the particular requirements of the research project. We demonstrate the importance of this feature when applying our new disclosure scores to the case of ‘prices leading earnings’. While we are unable to find the predicted association with a broadly defined measure of disclosure quality, our results reverse once we focus on a more narrowly defined metric based on forward-looking profit stateme
Type: Journal Article
URI: http://hdl.handle.net/1893/2690
URL: http://www.abr-journal.com/articles_archive.asp?displayDoc=Volume33
DOI Link: http://dx.doi.org/10.1080/00014788.2003.9729654
Rights: The publisher has not responded to our queries therefore this work cannot be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Accounting and Finance
University of Manchester
University of Manchester

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