This study examines the impact of financial statement comparability on ex ante crash risk.
Using the comparability measures of De Franco et al.(2011), we find that expected crash risk …

This study examines whether acquirers make better acquisition decisions when target firms'
financial statements exhibit greater comparability with industry peer firms. We predict and …

We specify measures of accounting consistency both across time and across firms based on
the textual similarity of accounting policy footnotes disclosed in 10-K filings. We first examine …

We find that financial statement comparability enhances the ability of current period returns
to reflect future earnings, as measured by the future earnings response coefficient (FERC) …

The financial crisis had an impact on international financial reporting standards. The
International Accounting Standards Board (IASB) prepared a new standard for financial …

IFRS has become a global financial reporting standard, with many countries adopting it as
their primary framework and others contemplating its adoption. Research on voluntary IFRS …

Accounting comparability has been the subject of significant interest in empirical financial
accounting research. Recent literature, particularly that following De Franco et al.'s (2011) …

This paper demonstrates that measures of stock price synchronicity based on market model
R 2 s are predictably biased downward as a result of stock illiquidity, and that previously …

Several studies provide evidence that auditors play an important role in the implementation
of accounting comparability. We extend this line of research by examining whether …

Abstract The International Financial Reporting Standards (IFRS) is attracting significant
scholarly attention especially in markets where decision making on its adoption is …