Kwon, Kyungeun; Zhou, Mi; Wang, Tawei; Cheng, Xu; Qiao, … - In: Asian Review of Accounting 32 (2023) 3, pp. 491-520
complexity of their financial disclosures. This study aims to investigate how financial analysts respond to the tone complexity …,500 firms between 2005 and 2015, the authors first calculate the abnormal negative tone, the measure of tone complexity; then … analyze firm disclosure when the tone is more complex, the authors find that higher tone complexity is positively and …
