We synthesise the empirical literature on the determinants and consequences of financial
distress, critique the findings and offer suggestions for future research. We categorise these …

Narrative reporting, both in relation to financial and non-financial information, is increasingly
used and often mandated, with significant managerial discretion regarding content. As policy …

This study introduces deep learning models for corporate bankruptcy forecasting using
textual disclosures. Although textual data are common, it is rarely considered in the financial …

In this paper, we rely on an exogenous shock to examine the impact of litigation risk on real
earnings management (REM). We conduct difference-in-differences tests centered on an …

This study tests whether voluntary disclosure affects stock liquidity. I argue that index funds
fit the profile of nonstrategic traders who, according to theory, are unambiguously more likely …

This study examines whether financial expertise of audit committees affects the quality of
textual information conveyed through the management discussion and analysis (MD&A) …

Managers express growing concern over media coverage of corporate taxes, yet no large-
sample empirical study examines this phenomenon. As a first step to fill this void, we identify …

I describe a brief summary of the development of databases used in accounting research
and discuss the research questions addressed in traditional databases and 'new'databases …

This paper investigates the relationship between managerial tone in management
discussion and analysis (MD&A) disclosures and stock price crash risk. We make a …

Purpose Drawing on signalling and impression management theories, this study aims to
examine a bidirectional association between managerial tone in earnings conference calls …