公司生命周期和财务报表可比性

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2022-09-01 DOI:10.1016/j.adiac.2022.100608

Pallab Kumar Biswas , Ahsan Habib , Dinithi Ranasinghe

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引用次数: 6

摘要

本文考察了处于生命周期成熟期的公司和处于其他生命周期阶段的公司之间财务报表可比性的差异。我们假设，成熟的公司倾向于产生财务报表，他们的行业同行之间的可比性。使用1987年至2019年的美国上市公司样本，我们找到了支持我们假设的证据。我们还发现，生命周期和可比性之间的这种关联受到信息不对称的调节。一系列稳健性测试验证了我们最初的发现。我们通过提供可比性决定因素的证据来扩展财务报表可比性文献。我们的研究为决策者在设计财务会计准则时考虑企业生命周期的必要性提供了见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Firm life cycle and financial statement comparability

This paper examines how financial statement comparability varies between firms in the mature stage of their life cycle and firms in other life cycle stages. We hypothesize that mature firms are inclined to produce financial statements that are comparable among their industry peers. Using a sample of U.S. listed companies from 1987 to 2019, we find evidence to support our hypothesis. We also find that this association between life cycle and comparability is moderated by information asymmetry. A battery of robustness tests validates our initial findings. We extend the financial statement comparability literature by providing evidence on a determinant of comparability. Our study provides insights to policymakers regarding the necessity to consider firm life cycle when designing financial accounting standards.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.