| dc.contributor | 會計系 | |
| dc.creator (作者) | 詹凌菁;陳宇紳 | |
| dc.creator (作者) | Chan, Ann Ling-Ching;Chen, Vincent Y.S.;Lee, Edward;Xiao, Fenglong | |
| dc.date (日期) | 2025-12 | |
| dc.date.accessioned | 3-Feb-2026 11:37:24 (UTC+8) | - |
| dc.date.available | 3-Feb-2026 11:37:24 (UTC+8) | - |
| dc.date.issued (上傳時間) | 3-Feb-2026 11:37:24 (UTC+8) | - |
| dc.identifier.uri (URI) | https://ah.lib.nccu.edu.tw/item?item_id=181173 | - |
| dc.description.abstract (摘要) | We examine how uncertainty surrounding financial regulation policies affects managers’ discretionary disclosure of non-GAAP earnings. Our findings suggest that when financial regulation policy uncertainty is high, managers are more likely to disclose non-GAAP earnings to attract investors. We also find that managers become more aggressive in reporting non-GAAP earnings, particularly by excluding more recurring expenses during uncertain periods. Our findings of both a higher likelihood and lower quality of non-GAAP reporting are more pronounced among financially distressed firms, as these firms are more sensitive to the impact of financial regulatory uncertainty. Further analysis indicates that, as non-GAAP earnings become less informative in such times, investors place less trust in them. Overall, our empirical evidence suggests that uncertainty in the financial regulatory process exerts a negative externality on voluntary disclosure practices by company management. | |
| dc.format.extent | 105 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Journal of Accounting, Auditing and Finance | |
| dc.subject (關鍵詞) | financial regulation uncertainty; non-GAAP disclosures; non-GAAP earnings; non-GAAP earnings exclusions; financial distress | |
| dc.title (題名) | Financial Regulation Policy Uncertainty and Non-GAAP Earnings Disclosure | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1177/0148558X251411599 | |
| dc.doi.uri (DOI) | https://doi.org/10.1177/0148558X251411599 | |
