The Impact of Investor Information Processing Costs on Firm Disclosure Choice : Evidence from the XBRL Mandate

@inproceedings{Blankespoor2012TheIO,
  title={The Impact of Investor Information Processing Costs on Firm Disclosure Choice : Evidence from the XBRL Mandate},
  author={Elizabeth Blankespoor},
  year={2012}
}
  • Elizabeth Blankespoor
  • Published 2012
This paper examines the effect of investor information processing costs on firms’ disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) regulation as an exogenous shock to investors’ processing costs, but not to firms’ disclosure requirements, I find that firms increase their quantitative footnote disclosures after adoption of XBRL detailed tagging requirements designed to reduce investor processing costs. These results hold in a difference-in-difference design using… CONTINUE READING
Highly Cited
This paper has 17 citations. REVIEW CITATIONS
13 Citations
67 References
Similar Papers

Citations

Publications citing this paper.

References

Publications referenced by this paper.
Showing 1-10 of 67 references

The Effects of Reporting Complexity on Small and Large Investor Trading

  • B. P. Miller
  • The Accounting Review 85(6): 2107-2143.
  • 2010
Highly Influential
6 Excerpts

Earnings Performance and Discretionary Disclosure

  • G. S. Miller
  • Journal of Accounting Research 40(1): 173-204.
  • 2002
Highly Influential
4 Excerpts

Narrative Disclosure and Firm Performance: Evidence from R&D Disclosures

  • K. J. Merkley
  • Working Paper, Cornell University.
  • 2011
Highly Influential
3 Excerpts

GE to Change Its Practices of Disclosure

  • R. E. Silverman
  • Wall Street Journal (Eastern Edition) Feb 20…
  • 2002
Highly Influential
4 Excerpts

GE’s Annual Report Bulges with Data in Bid to Address Post-Enron Concerns

  • R. E. Silverman
  • Wall Street Journal (Eastern Edition) Mar 11…
  • 2002
Highly Influential
5 Excerpts

The “Incomplete Revelation Hypothesis” and Financial Reporting

  • R. J. Bloomfield
  • Accounting Horizons 16(3): 233-243.
  • 2002
Highly Influential
5 Excerpts

Earnings Volatility and Voluntary Management Forecast Disclosure

  • G. Waymire
  • Journal of Accounting Research 23(1): 268-295.
  • 1985
Highly Influential
3 Excerpts

Variation in Accounting Information Load: The Effect on Loan Officers’ Predictions of Bankruptcy

  • C. J. Casey
  • The Accounting Review 55(1): 36-49.
  • 1980
Highly Influential
4 Excerpts

Similar Papers

Loading similar papers…