This study examines whether disclosures of insider equity purchases on SEC Form 4 resolve uncertainty regarding the valuation implications of reported earnings. Defining information uncertainty as ambiguity about firm value arising from low earnings precision, I predict and find that insider...

The corporate business world has changed notably over the past decade unfortunately many management strategies and approaches have not changed with this transformation as traditional management systems were designed for an era when tangible assets were dominant. Current accounting systems appear...

We examine the association of integrated financial and extra-financial narrative disclosures in the management commentary section of corporate annual reports with firm valuation, as well as the moderating role of internal and external governance mechanisms in this association. Using 31,327...