دانلود مقاله Do stealth restatements convey material information?
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دانلود مقاله
Do stealth restatements convey material information?
نویسنده :
Afshad J. Irani, (Williams School of Commerce, Economics and Politics, Washington and Lee University, Lexington, Virginia, USA), Le (Emily) Xu, (Whittemore School of Business and Economics, University of New Hampshire, Durham, New Hampshire, USA)
فرمت: pdf
Practical implications – The study is important to investors, regulators and academics because it supports the notion that stealth restatements include less significant information relative to that disclosed in 8-K restatements. This result is in line with the SEC disclosure requirement.
Originality/value – The significant number of stealth restatements since 2004 begs the question as to what kind of information is being disclosed in these restatements. The paper responds to this question.