| dc.contributor | 會計系 | en_US |
| dc.creator (作者) | 詹凌菁;Edward Lee;Stephen Lin | zh_TW |
| dc.creator (作者) | Chan, Ann L-C ; Lee, Edward ; Lin, Stephen | en_US |
| dc.date (日期) | 2009-06 | en_US |
| dc.date.accessioned | 19-Feb-2014 16:54:21 (UTC+8) | - |
| dc.date.available | 19-Feb-2014 16:54:21 (UTC+8) | - |
| dc.date.issued (上傳時間) | 19-Feb-2014 16:54:21 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/64030 | - |
| dc.description.abstract (摘要) | We exploit a unique setting of accounting regulation change to examine how accounting information quality affects the well-documented accrual anomaly. We show a significant reduction in the negative return predictability of accruals among UK companies with poorer accounting information quality following the introduction of Financial Reporting Standard No. 3: Reporting Financial Performance (FRS3). While the functional fixation hypothesis attributes the mispricing of accruals to the judgemental error of end-users of information, our findings suggest that the supply side of information also plays a crucial role. Our results provide evidence that regulatory interventions seeking to improve accounting information quality can reduce the mispricing of securities in the capital market. | en_US |
| dc.format.extent | 250929 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Journal of Accounting and Public Policy, 28(3), 189-206 | en_US |
| dc.source.uri (資料來源) | http://dx.doi.org/10.1016/j.jaccpubpol.2009.04.002 | en_US |
| dc.subject (關鍵詞) | Accrual anomaly;Accrual quality;FRS3 | en_US |
| dc.title (題名) | The impact of accounting information quality on the mispricing of accruals: The case of FRS3 in the UK | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1016/j.jaccpubpol.2009.04.002 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.jaccpubpol.2009.04.002 | en_US |
