This paper examines whether earnings restatements announced by one firm affect the disclosure policy of non-restating peer firms. Prior research suggested that restatements contain news about the future prospects and/or financial reporting quality of the restating firms' peer firms. This news...

We set out in the present study to examine the market value of comprehensive disclosure of information relating to the compensation paid to directors and executives. Under the theory of self selection, firms with higher levels of board independence will tend to provide comprehensive disclosure...

We set out in this study to examine the market value of comprehensive disclosure of information relating to compensation paid to directors and executives. It is argued that firms with higher levels of board independence would self-select to provide comprehensive disclosure of compensation,...