The Effects of Financial Reporting and Disclosure on Corporate Investment : A Review

A fundamental question in accounting is whether and to what extent financial reporting facilitates the allocation of capital to the right investment projects. Over the last two decades, a large and growing body of literature has contributed to our understanding of whether and why financial reporting affects investment decision-making. We review the empirical literature on this topic, provide a framework to organize this literature, and highlight opportunities for future research

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Year of publication:	2020
Authors:	Roychowdhury, Sugata
Other Persons:	Shroff, Nemit (contributor) ; Verdi, Rodrigo S. (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Unternehmenspublizität \| Corporate disclosure \| Investition \| Investment \| Investitionsentscheidung \| Investment decision \| Rechnungswesen \| Accounting \| Jahresabschluss \| Financial statement