Journal article
Discussion of ‘shareholder litigation and changes in disclosure behavior’
Journal of accounting & economics, v 47(1), pp 157-159
01 Mar 2009
Abstract
Rogers and VanBuskirk [2008. Shareholder litigation and changes in disclosure behavior. Journal of Accounting and Economics 40, 3–73] examine changes in sued firms’ disclosure policies between the pre-lawsuit and post-lawsuit periods. They find that these firms decrease the magnitude and precision of disclosures following the lawsuits. The authors conclude that managers of sued firms perceive disclosure to contribute to (rather than decrease) the probability of being sued. While the evidence showing that the magnitude and precision of disclosure decreases post-lawsuit appears to be robust, I raise some questions about what we learn from this finding.
Metrics
Details
- Title
- Discussion of ‘shareholder litigation and changes in disclosure behavior’
- Creators
- Michelle Lowry - Pennsylvania State University
- Publication Details
- Journal of accounting & economics, v 47(1), pp 157-159
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Finance
- Web of Science ID
- WOS:000264249600011
- Scopus ID
- 2-s2.0-59749087248
- Other Identifier
- 991021881392604721
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Web of Science research areas
- Business, Finance
- Economics