Product market competition and firms’ narrative disclosures: evidence from risk factor disclosures

NCUIR > School of Management at National Central University > Research institute of accounting > journal & Dissertation > Item 987654321/105871

Please use this identifier to cite or link to this item: https://ir.lib.ncu.edu.tw/handle/987654321/105871

Title:	Product market competition and firms’ narrative disclosures: evidence from risk factor disclosures
Authors:	顏如君;Yen, Ju-Chun;Li, Shu-Hsing;Chen, Kuo-Tay
Contributors:	管理學院會計研究所
Keywords:	Competition;Disclosure;industry concentration;product market competition;proprietary cost;risk factor disclosure;Risk factors;Studies;textual analysis
Date:	2016-01-02
Issue Date:	2026-04-23 12:58:28 (UTC+8)
Publisher:	Taylor and Francis Ltd.;Hong Kong: Routledge
Abstract:	摘要： This study examines how product market competition affects firms' narrative disclosures of Item 1A Risk Factors in 10-K filings. We find that firms in more concentrated industries tend to disclose a greater quantity of narrative risk information. Besides, such firms provide risk disclosures more similar to those of their competitors, hence reducing the quality of the disclosure. We also document similar findings for idiosyncratic risk disclosure, which is inherently more firm-specific. The results imply that firms in more concentrated industries avoid divulging risk information in their narrative disclosures by disclosing more similar information rather than by reducing the amount of risk disclosure. 出版者： Hong Kong: Routledge 出版日期： 2016-01-02 出處： Asia-Pacific journal of accounting & economics, 2016-01, Vol.23 (1), p.43-74 資源來源： Taylor & Francis Journals Auto-Holdings Collection 版權： 2015 City University of Hong Kong and National Taiwan University 2015 版權： Copyright City University of Hong Kong Mar 2016 識別號： ISSN: 1608-1625 識別號： EISSN: 2164-2257 識別號： DOI: 10.1080/16081625.2014.1003569
Appears in Collections:	[Research institute of accounting ] journal & Dissertation

Files in This Item:

File	Description	Size	Format
index.html		0Kb	HTML	32	View/Open

社群 sharing

Loading...