create a website

Does mandating narrative disclosure of innovation help unveil the curtain of R&D expenditure? Evidence from regulation change in China. (2024). Li, Xiaoyu ; Zou, Lin.
In: International Review of Financial Analysis.
RePEc:eee:finana:v:91:y:2024:i:c:s1057521923005161.

Full description at Econpapers || Download paper

Cited: 2

Citations received by this document

Cites: 59

References cited by this document

Cocites: 24

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The impact of the recognition of high-tech enterprise on R&D disclosure. (2025). Jiang, Yuting ; Chen, Jinrui ; Wang, Ziyue.
    In: Palgrave Communications.
    RePEc:pal:palcom:v:12:y:2025:i:1:d:10.1057_s41599-025-04735-w.

    Full description at Econpapers || Download paper

  2. The impact of corporate R&D on the transformation of intellectual property into intangible assets. (2024). Ye, Jingjing ; Lin, Yinghua.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324013667.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Akins, B.K. ; Ng, J. ; Verdi, R.S. Investor competition over information and the pricing of information asymmetry. 2012 The Accounting Review. 87 35-58
    Paper not yet in RePEc: Add citation now
  2. Al Guindy, M. Corporate twitter use and cost of equity capital. 2021 Journal of Corporate Finance. 68 -

  3. Andreou, P.C. ; Harris, T. ; Philip, D. Measuring firms’ market orientation using textual analysis of 10-K filings. 2020 British Journal of Management. 31 872-895
    Paper not yet in RePEc: Add citation now
  4. Armstrong, C.S. ; Core, J.E. ; Taylor, D.J. ; Verrecchia, R.E. When does information asymmetry affect the cost of capital?. 2011 Journal of Accounting Research. 49 1-40

  5. Bellamy, M.A. ; Ghosh, S. ; Hora, M. The influence of supply network structure on firm innovation. 2014 Journal of Operations Management. 32 357-373
    Paper not yet in RePEc: Add citation now
  6. Bengio, Y. ; Ducharme, R. ; Vincent, P. ; Janvin, C. A neural probabilistic language model. 2003 The Journal of Machine Learning Research. 3 1137-1155
    Paper not yet in RePEc: Add citation now
  7. Bertomeu, J. ; Beyer, A. ; Dye, R.A. Capital structure, cost of capital, and voluntary disclosures. 2011 The Accounting Review. 86 857-886
    Paper not yet in RePEc: Add citation now
  8. Bian, S. ; Jia, D. ; Li, F. ; Yan, Z. A new Chinese financial sentiment dictionary for textual analysis in accounting and finance. 2019 :
    Paper not yet in RePEc: Add citation now
  9. Bonsall, S.B. ; Leone, A.J. ; Miller, B.P. ; Rennekamp, K. A plain English measure of financial reporting readability. 2017 Journal of Accounting and Economics. 63 329-357

  10. Bonsall, S.B. ; Miller, B.P. The impact of narrative disclosure readability on bond ratings and the cost of debt. 2017 Review of Accounting Studies. 22 608-643

  11. Botosan, C.A. Disclosure level and the cost of equity capital. 1997 Accounting Review: A Quarterly Journal of the American Accounting Association. 72 323-349
    Paper not yet in RePEc: Add citation now
  12. Burke, J.J. ; Gunny, K. SEC comment letters and 10-K accounting and linguistic reporting complexity. 2022 Journal of Accounting, Auditing and Finance. -
    Paper not yet in RePEc: Add citation now
  13. Bushee, B.J. ; Gow, I.D. ; Taylor, D.J. Linguistic complexity in firm disclosures: Obfuscation or information?. 2018 Journal of Accounting Research. 56 85-121

  14. Bushee, B.J. ; Huang, Y.J. Do analysts and investors efficiently respond to managerial linguistic complexity on conference calls?. 2019 :
    Paper not yet in RePEc: Add citation now
  15. Cannon, J.N. ; Ling, Z. ; Wang, Q. ; Watanabe, O.V. 10-K disclosure of corporate social responsibility and firms’ competitive advantages. 2020 The European Accounting Review. 29 85-113

  16. Cao, S.S. ; Fang, V.W. ; Lei, L. Negative peer disclosure. 2021 Journal of Financial Economics. 140 815-837

  17. Chan, L.K.C. ; Lakonishok, J. ; Sougiannis, T. The stock market valuation of research and development expenditures. 2001 Journal of Finance. 56 2431-2456
    Paper not yet in RePEc: Add citation now
  18. Chen, C. ; Li, L. ; Ma, M.L.Z. Product market competition and the cost of equity capital: Evidence from China. 2014 Asia-Pacific Journal of Accounting & Economics. 21 227-261

  19. Chen, E. ; Gavious, I. ; Lev, B. The positive externalities of IFRS R&D capitalization: Enhanced voluntary disclosure. 2017 Review of Accounting Studies. 22 677-714

  20. Chen, Z. ; Dhaliwal, D.S. ; Xie, H. Regulation fair disclosure and the cost of equity capital. 2010 Review of Accounting Studies. 15 106-144
    Paper not yet in RePEc: Add citation now
  21. Danguy, J. ; De Rassenfosse, G. ; van Pottelsberghe, B. The R&D-patent relationship: An industry perspective. 2010 En : European Investment Bank, Economic and Financial Studies, EIB Papers. :

  22. Dhaliwal, D. ; Li, O.Z. ; Tsang, A. ; Yang, Y.G. Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency. 2014 Journal of Accounting and Public Policy. 33 328-355
    Paper not yet in RePEc: Add citation now
  23. Dhaliwal, D.S. ; Li, O.Z. ; Tsang, A. ; Yang, Y.G. Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting. 2011 The Accounting Review. 86 59-100
    Paper not yet in RePEc: Add citation now
  24. Easley, D. ; O’Hara, M. Information and cost of capital. 2004 Journal of Finance. 59 1553-1583
    Paper not yet in RePEc: Add citation now
  25. Easton, P.D. PE ratios, PEG ratios, and estimating the implied expected rate of return on equity capital. 2004 The Accounting Review. 79 73-95
    Paper not yet in RePEc: Add citation now
  26. Entwistle, G.M. Exploring the R&D disclosure environment. 1999 Accounting Horizons. 13 323-342
    Paper not yet in RePEc: Add citation now
  27. Eugster, F. Endogeneity and the dynamics of voluntary disclosure quality: Is there really an effect on the cost of equity capital?. 2020 Contemporary Accounting Research. 37 2590-2614

  28. Fama, E.F. ; French, K.R. The cross-section of expected stock returns. 1992 The Journal of Finance. 47 427-465

  29. Gode, D.D.K. ; Mohanram, P.S. What affects the implied cost of equity capital?. 2001 :
    Paper not yet in RePEc: Add citation now
  30. Gu, L. Product market competition, R&D investment, and stock returns. 2015 Journal of Financial Economics. 119 -
    Paper not yet in RePEc: Add citation now
  31. Guay, W. ; Samuels, D. ; Taylor, D. Guiding through the fog: Financial statement complexity and voluntary disclosure. 2016 Journal of Accounting and Economics. 62 234-269

  32. He, J. ; Tian, X. The dark side of analyst coverage: The case of innovation. 2013 Journal of Financial Economics. 109 856-878

  33. Jones, D.A. Voluntary disclosure in R&D-intensive industries*. 2007 Contemporary Accounting Research. 24 489-522

  34. La Rosa, F. ; Liberatore, G. Biopharmaceutical and chemical firms’ R&D disclosure, and cost of equity: The impact of the regulatory regime. 2014 European Management Journal. 32 806-820
    Paper not yet in RePEc: Add citation now
  35. Lambert, R. ; Leuz, C. ; Verrecchia, R.E. Accounting information, disclosure, and the cost of capital. 2007 Journal of Accounting Research. 45 385-420

  36. Lambert, R.A. ; Leuz, C. ; Verrecchia, R.E. Information asymmetry, information precision, and the cost of capital*. 2012 Review of Finance. 16 1-29
    Paper not yet in RePEc: Add citation now
  37. LeCun, Y. ; Bengio, Y. ; Hinton, G. Deep learning. 2015 Nature. 521 436-444
    Paper not yet in RePEc: Add citation now
  38. Lev, B. Intangibles. 2018 :
    Paper not yet in RePEc: Add citation now
  39. Lev, B. ; Srivastava, A. Explaining the recent failure of value investing. 2019 NYU Stern School of Business:
    Paper not yet in RePEc: Add citation now
  40. Levitt, A. The importance of high quality accounting standards. 1998 Accounting Horizons. 12 79-
    Paper not yet in RePEc: Add citation now
  41. Li, D. Financial constraints, R&D investment, and stock returns. 2011 Review of Financial Studies. 24 2974-3007

  42. Li, F. Annual report readability, current earnings, and earnings persistence. 2008 Journal of Accounting and Economics. 45 221-247

  43. Lynch, B. ; Taylor, D.J. The information content of corporate websites. 2021 :
    Paper not yet in RePEc: Add citation now
  44. Mao, X. ; Ye, K. ; Zhang, D. Measuring and evaluating cost of equity capital: Evidence from Chinese stock markets. 2012 Chinese Accounting Review. 11 12-22
    Paper not yet in RePEc: Add citation now
  45. McMullin, J.L. ; Miller, B.P. ; Twedt, B.J. Increased mandated disclosure frequency and price formation: Evidence from the 8-K expansion regulation. 2019 Review of Accounting Studies. 24 1-33

  46. Merkley, K.J. Narrative disclosure and earnings performance: Evidence from R&D disclosures. 2014 The Accounting Review. 89 725-757
    Paper not yet in RePEc: Add citation now
  47. Mikolov, T. ; Sutskever, I. ; Chen, K. ; Corrado, G. ; Dean, J. Distributed representations of words and phrases and their compositionality. 2013 :
    Paper not yet in RePEc: Add citation now
  48. Nadeem, M. Board gender diversity and managerial obfuscation: Evidence from the readability of narrative disclosure in 10-K reports. 2022 Journal of Business Ethics. 179 153-177

  49. Noh, S. ; So, E.C. ; Weber, J.P. Voluntary and mandatory disclosures: Do managers view them as substitutes?. 2019 Journal of Accounting and Economics. 68 -

  50. Ohlson, J.A. ; Juettner-Nauroth, B.E. Expected EPS and EPS growth as determinants of value. 2005 Review of Accounting Studies. 10.2 349-365
    Paper not yet in RePEc: Add citation now
  51. Qin, J. ; Yang, X. ; He, Q. ; Sun, L. Litigation risk and cost of capital: Evidence from China. 2021 Pacific-Basin Finance Journal. 68 -

  52. Qiu, F. ; Hu, N. ; Liang, P. ; Dow, K. Measuring management accounting practices using textual analysis. 2023 Management Accounting Research. 58 -
    Paper not yet in RePEc: Add citation now
  53. Rjiba, H. ; Saadi, S. ; Boubaker, S. ; Ding, X.S. Annual report readability and the cost of equity capital. 2021 Journal of Corporate Finance. 67 -

  54. Uotila, J. ; Maula, M. ; Keil, T. ; Zahra, S.A. Exploration, exploitation, and financial performance: Analysis of S&P 500 corporations. 2009 Strategic Management Journal. 30 221-231

  55. Van Horne, J.C. ; Wachowicz, J.M. Fundamentals of financial management. 2005 Pearson Education:
    Paper not yet in RePEc: Add citation now
  56. Wu, Y. ; Huang, S. The effects of digital finance and financial constraint on financial performance: Firm-level evidence from China's new energy enterprises. 2022 Energy Economics. 112 -

  57. Xu, H. ; Dao, M. ; Wu, J. ; Sun, H. Political corruption and annual report readability: Evidence from the United States. 2022 Accounting and Business Research. 52 166-200

  58. Yin, M. ; Sheng, L. ; Li, W. Executive incentive, innovation input and corporate performance: An empirical study based on endogeneity and industry categories. 2018 Nankai Business Review.. 01 109-117
    Paper not yet in RePEc: Add citation now
  59. Zhong, H. ; Al-Duais, Z.A.M. ; Peng, B. The impact of idiosyncratic risk on corporate financialisation——Evidence from China. 2023 International Review of Financial Analysis. 86 -

Cocites

Documents in RePEc which have cited the same bibliography

  1. Investor-company interactions and stock price crash risk: Evidence from China. (2025). Yang, Liwen ; Ruan, Lei.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:76:y:2025:i:c:s0275531925000868.

    Full description at Econpapers || Download paper

  2. The impact mechanism of interactive carbon disclosure on firm value moderated by investors’ online social networks. (2025). Zhu, Jing ; Zhang, Chen ; Sun, Jiaojiao ; Ding, Jiajun.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:75:y:2025:i:c:s0275531925000273.

    Full description at Econpapers || Download paper

  3. The Sino-U.S. trade war: Challenges for trade credit financing and the role of corporate culture. (2025). Chen, Yuyou ; Cheng, Sirui ; Zhang, Yuning.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:91:y:2025:i:c:s0927538x2500040x.

    Full description at Econpapers || Download paper

  4. Compass guided: Northbound capital flow and investment clustering in China. (2025). Wang, Chuanjie ; Liu, Qingfu ; Yiu, Clement Man ; Chen, Zhao.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:153:y:2025:i:c:s0261560625000403.

    Full description at Econpapers || Download paper

  5. Informal financing access: Can fintech development affect trade credit access?. (2025). Tang, Mengxuan ; Liu, Juecen ; Hu, Yang ; Goodell, John W.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:71:y:2025:i:c:s1544612324014454.

    Full description at Econpapers || Download paper

  6. Video-based social media and stock price crash risk: Evidence from YouTube. (2025). Ahn, Hyejin ; Jung, Woojune.
    In: Economics Letters.
    RePEc:eee:ecolet:v:249:y:2025:i:c:s0165176524005834.

    Full description at Econpapers || Download paper

  7. Gender diversity in top management and its impact on firm-level digital transformation: Evidence from China. (2025). Liu, Shan ; Wu, Xingying.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:145:y:2025:i:c:s0264999325000045.

    Full description at Econpapers || Download paper

  8. Crypto-influencers. (2024). Piorkowski, Mark ; Merkley, Kenneth J ; Pacelli, Joseph ; Williams, Brian.
    In: Review of Accounting Studies.
    RePEc:spr:reaccs:v:29:y:2024:i:3:d:10.1007_s11142-024-09838-4.

    Full description at Econpapers || Download paper

  9. Retail investors matter: The value of corporate interactions. (2024). Ying, Qianwei ; Huang, LI ; Liu, Jinsong ; Shi, Jing.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:69:y:2024:i:c:s0275531924000187.

    Full description at Econpapers || Download paper

  10. Investor interaction and the valuation of listed companies. (2024). Jiao, Shuaipeng ; Wang, Haijun ; Sun, Guanglin.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:67:y:2024:i:pb:s0275531923002702.

    Full description at Econpapers || Download paper

  11. Does mandating narrative disclosure of innovation help unveil the curtain of R&D expenditure? Evidence from regulation change in China. (2024). Li, Xiaoyu ; Zou, Lin.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:91:y:2024:i:c:s1057521923005161.

    Full description at Econpapers || Download paper

  12. Sibling co-management and cost of capital: Evidence from Chinese listed family firms. (2024). Xu, Nianhang ; Chan, Kam C ; Xie, Rongrong ; Song, Danwen.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:89:y:2024:i:c:s0929119924001524.

    Full description at Econpapers || Download paper

  13. Do CFO career concerns matter? Evidence from IPO financial reporting outcomes. (2024). Zhang, YU ; Loukopoulos, Panagiotis ; Gounopoulos, Dimitrios.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:87:y:2024:i:c:s0929119924000889.

    Full description at Econpapers || Download paper

  14. Investor–firm interactions and corporate investment efficiency: Evidence from China. (2024). Luo, Zijun ; Xu, Weidong ; Li, Donghui.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:84:y:2024:i:c:s0929119924000014.

    Full description at Econpapers || Download paper

  15. Renewable energy investments and feed-in tariffs: Firm-level evidence from Southeast Asia11An earlier version of the paper was presented at CUE2023.. (2024). Tian, Shu ; Olivares, Resi Ong ; Le, Hai ; Azhgaliyeva, Dina.
    In: Applied Energy.
    RePEc:eee:appene:v:374:y:2024:i:c:s0306261924013692.

    Full description at Econpapers || Download paper

  16. The many faces of social media in business and economics research: Taking stock of the literature and looking into the future. (2024). Tumasjan, Andranik.
    In: Journal of Economic Surveys.
    RePEc:bla:jecsur:v:38:y:2024:i:2:p:389-426.

    Full description at Econpapers || Download paper

  17. The evolution of corporate twitter usage. (2024). Riordan, Ryan ; Naughton, James P ; al Guindy, Mohamed.
    In: Journal of Business Finance & Accounting.
    RePEc:bla:jbfnac:v:51:y:2024:i:3-4:p:819-845.

    Full description at Econpapers || Download paper

  18. Social informedness and investor sentiment in the GameStop short squeeze. (2023). Lee, Sang-Yong Tom ; Kauffman, Robert J ; Kim, Kwansoo.
    In: Electronic Markets.
    RePEc:spr:elmark:v:33:y:2023:i:1:d:10.1007_s12525-023-00632-9.

    Full description at Econpapers || Download paper

  19. High-speed rail construction and labor investment efficiency: Evidence from an emerging market. (2023). Kumar, Satish ; Shahab, Yasir ; Zhao, Qizi ; Li, Bin.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:64:y:2023:i:c:s0275531922002343.

    Full description at Econpapers || Download paper

  20. Can digitalization empowerment improve the efficiency of corporate capital allocation? —Evidence from China. (2023). Liu, Yuwei ; Wang, Xiaoyu.
    In: Economic Analysis and Policy.
    RePEc:eee:ecanpo:v:80:y:2023:i:c:p:1794-1810.

    Full description at Econpapers || Download paper

  21. “I just like the stock”: The role of Reddit sentiment in the GameStop share rally. (2023). Yarovaya, Larisa ; lucey, brian ; Xie, Ying ; Long, Suwan.
    In: The Financial Review.
    RePEc:bla:finrev:v:58:y:2023:i:1:p:19-37.

    Full description at Econpapers || Download paper

  22. Silence is not golden anymore? Social media activity and stock market valuation in Europe. (2022). Godlewski, Christophe ; Gola, Renata ; Byrka-Kita, Katarzyna ; Cypryjanski, Jacek.
    In: Working Papers of LaRGE Research Center.
    RePEc:lar:wpaper:2022-04.

    Full description at Econpapers || Download paper

  23. Fishing in muddy waters: Mergers and acquisitions during uncertainty. (2022). Jacob, Joshy ; Srivastava, Jagriti ; Gopalakrishnan, Balagopal.
    In: IIMA Working Papers.
    RePEc:iim:iimawp:14683.

    Full description at Econpapers || Download paper

  24. Transportation infrastructure and bond issuance credit spread: Evidence from the Chinese high-speed rail construction. (2022). Lv, Dayong ; Wu, Youyi ; Wei, Xiaokun ; Ruan, Qingsong.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:82:y:2022:i:c:p:30-47.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-21 23:40:03 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.