References
- Abdel-Khalik, A. R. (1983). Overfitting bias in the models assessing the predictive power of quarterly reports. Journal of Accounting Research, 21(1), 293–296. https://doi.org/https://doi.org/10.2307/2490949
- Abdel-Khalik, A. R., & Espejo, J. (1978). Expectations data and the predictive value of interim reporting. Journal of Accounting Research, 16(1), 1–13. https://doi.org/https://doi.org/10.2307/2490409
- Alford, A., Jones, J., Leftwich, R., & Zmijewski, M. (1993). The relative informativeness of accounting disclosures in different countries. Journal of Accounting Research, 31(Suppl.), 183–223. https://doi.org/https://doi.org/10.2307/2491170
- Alford, M. R., & Edmonds, T. P. (1981). A replication: Does audit involvement affect the quality of interim report numbers? Journal of Accounting, Auditing & Finance, 4(3), 255–264.
- Alves, C. F., & Dos Santos, F. T. (2008). Do first and third quarter unaudited financial reports matter? The Portuguese case. European Accounting Review, 17(2), 361–392. https://doi.org/https://doi.org/10.1080/09638180802156399
- Annaert, J., De Ceuster, M. J. K., Polfliet, R., & Van Campenhout, G. (2002). To be or not be … ‘too late’: The case of the Belgian semi-annual earnings announcements. Journal of Business Finance & Accounting, 29(3–4), 477–495. https://doi.org/https://doi.org/10.1111/1468-5957.00439
- Arif, S., & De George, E. T. (2020). The dark side of low financial reporting frequency: Investors’ reliance on alternative sources of earnings news and excessive information spillovers. The Accounting Review, 95(6), 23–49. https://doi.org/https://doi.org/10.2308/tar-2017-0018
- Asthana, S., & Balsam, S. (2001). The effect of EDGAR on the market reaction to 10-K filings. Journal of Accounting and Public Policy, 20(4–5), 349–372. https://doi.org/https://doi.org/10.1016/S0278-4254(01)00035-7
- Asthana, S., Balsam, S., & Sankaraguruswamy, S. (2004). Differential response of small versus large investors to 10-K filings on EDGAR. The Accounting Review, 79(3), 571–589. https://doi.org/https://doi.org/10.2308/accr.2004.79.3.571
- Atiase, R., Bamber, L. S., & Tse, S. (1989). Timeliness of financial reporting, the firm size effect, and stock price reactions to annual earnings announcements. Contemporary Accounting Research, 5(2), 526–552. https://doi.org/https://doi.org/10.1111/j.1911-3846.1989.tb00722.x
- Balakrishnan, K., & Ertan, A. (2018). Bank’s financial reporting frequency and asset quality. The Accounting Review, 93(3), 1–24. https://doi.org/https://doi.org/10.2308/accr-51936
- Baldwin, J., & Glezen, G. W. (1992). Bankruptcy prediction using quarterly financial statement data. Journal of Accounting, Auditing & Finance, 7(3), 269–285. https://doi.org/https://doi.org/10.1177/0148558X9200700301
- Ball, R., & Shivakumar, L. (2008). How much new information is there in earnings? Journal of Accounting Research, 40(5), 975–1016. https://doi.org/https://doi.org/10.1111/j.1475-679X.2008.00299.x
- Balsam, S., Bartov, E., & Marquardt, C. (2002). Accruals management, investor sophistication, and equity valuation: Evidence from 10-Q filings. Journal of Accounting Research, 40(4), 987–1012. https://doi.org/https://doi.org/10.1111/1475-679X.00079
- Bamber, L. S. (1987). Unexpected earnings, firm size, and trading volume around quarterly earnings announcements. The Accounting Review, 62(3), 510–532.
- Barnea, A., Dyckman, T., & Magee, R. (1972). Discussion of “The predictive content of interim reports – A time series analysis”. Journal of Accounting Research, 10(Suppl.), 145–155. https://doi.org/https://doi.org/10.2307/2489869
- Bartov, E., Givoly, D., & Hayn, C. (2002). The rewards to meeting or beating earnings expectations. Journal of Accounting and Economics, 33(2), 173–204. https://doi.org/https://doi.org/10.1016/S0165-4101(02)00045-9
- Beaver, W. H., McNichols, M. F., & Wang, Z. Z. (2018). The information content of earnings announcements: New insights from intertemporal and cross-sectional behaviour. Review of Accounting Studies, 23(1), 95–135. https://doi.org/https://doi.org/10.1007/s11142-017-9417-z
- Bédard, J., & Courteau, L. (2015). Benefits and costs of auditor’s assurance: Evidence from the review of quarterly financial statements. Contemporary Accounting Research, 32(1), 1–29. https://doi.org/https://doi.org/10.1111/1911-3846.12091
- Blankespoor, E., deHaan, E., & Marinovic, I. (2020). Disclosure processing costs, investors’ information choice, and equity market outcomes: A review. Journal of Accounting and Economics, 70(2–3), 1–46. https://doi.org/https://doi.org/10.1016/j.jacceco.2020.101344
- Bollom, W. J. (1973). Towards a theory of interim reporting for a seasonal business: A behavioral approach. The Accounting Review, 48(1), 12–22.
- Bollom, W. J., & Weygandt, J. J. (1972). An examination of some interim reporting theories for a seasonal business. The Accounting Review, 47(1), 75–84.
- Botosan, C. A., & Harris, M. S. (2000). Motivations for a change in disclosure frequency and its consequences: An examination of voluntary quarterly segment disclosures. Journal of Accounting Research, 38(2), 329–353. https://doi.org/https://doi.org/10.2307/2672936
- Botosan, C. A., & Plumlee, M. A. (2002). A re-examination of disclosure level and the expected cost of equity capital. Journal of Accounting Research, 40(1), 21–40. https://doi.org/https://doi.org/10.1111/1475-679X.00037
- Bowen, R. M., Johnson, M. F., Shevlin, T., & Shores, D. (1992). Determinants of the timing of quarterly earnings announcements. Journal of Accounting, Auditing & Finance, 7(4), 395–422. https://doi.org/https://doi.org/10.1177/0148558X9200700401
- Brown, L. D., Hughes, J. S., Rozeff, M. S., & Vanderweide, J. H. (1980). Expectations data and the predictive value of interim reporting: A comment. Journal of Accounting Research, 18(1), 278–288. https://doi.org/https://doi.org/10.2307/2490403
- Brown, L. D., & Pinello, A. (2007). To what extent does the financial reporting process curb earnings surprise games? Journal of Accounting Research, 45(5), 947–981. https://doi.org/https://doi.org/10.1111/j.1475-679X.2007.00256.x
- Brown, L. D., & Rozeff, M. S. (1979). The predictive value of interim reports for improving forecasts of future quarterly earnings. The Accounting Review, 54(3), 585–591.
- Brown, P., & Kennelly, J. W. (1972). The informational content of quarterly earnings: An extension and some further evidence. The Journal of Business, 45(3), 403–415. https://doi.org/https://doi.org/10.1086/295469
- Brown, P., & Niederhoffer, V. (1968). The predictive content of quarterly earnings. The Journal of Business, 41(4), 488–497. https://doi.org/https://doi.org/10.1086/295141
- Brown, S., & Hillegeist, S. A. (2007). How disclosure quality affects the level of information asymmetry. Review of Accounting Studies, 12(2–3), 443–477. https://doi.org/https://doi.org/10.1007/s11142-007-9032-5
- Burton, J. C. (1981). Discussion of voluntary corporate disclosure: The case of interim reporting. Journal of Accounting Research, 19(Suppl.), 78–84. https://doi.org/https://doi.org/10.2307/2490985
- Bushman, R. (1991). Public disclosure and the structure of private information markets. Journal of Accounting Research, 29(2), 261–276. https://doi.org/https://doi.org/10.2307/2491049
- Butler, M., Kraft, A., & Weiss, I. S. (2007). The effect of reporting frequency on the timeliness of earnings: The cases of voluntary and mandatory interim reports. Journal of Accounting and Economics, 43(2–3), 181–217. https://doi.org/https://doi.org/10.1016/j.jacceco.2007.02.001
- Chambers, A. E., & Penman, S. H. (1984). Timeliness of reporting and the stock price reaction to earnings announcements. Journal of Accounting Research, 22(1), 21–47. https://doi.org/https://doi.org/10.2307/2490700
- Chen, S., DeFond, M. L., & Park, C. W. (2002). Voluntary disclosure of balance sheet information in quarterly earnings announcements. Journal of Accounting and Economics, 33(2), 229–251. https://doi.org/https://doi.org/10.1016/S0165-4101(02)00043-5
- Chow, C. W. (1982). The demand for external auditing: Size, debt and ownership influences. The Accounting Review, 57(3), 272–291.
- Coates, R. (1972). The predictive content of interim reports – A time series analysis. Journal of Accounting Research, 10(Suppl.), 132–144. https://doi.org/https://doi.org/10.2307/2489868
- Cornell, B., & Landsman, W. R. (1989). Security price response to quarterly earnings announcements and analysts’ forecast revisions. The Accounting Review, 64(4), 680–692.
- Cuijpers, R., & Peek, E. (2010). Reporting frequency, information precision and private information acquisition. Journal of Business Finance & Accounting, 37(1), 27–59. https://doi.org/https://doi.org/10.1111/j.1468-5957.2009.02180.x
- Das, S., Shroff, P. K., & Zhang, H. (2009). Quarterly earnings patterns and earnings management. Contemporary Accounting Research, 26(3), 797–831. https://doi.org/https://doi.org/10.1506/car.26.3.7
- DeFond, M., Hung, M., & Trezevant, R. (2007). Investor protection and the information content of annual earnings announcements: International evidence. Journal of Accounting and Economics, 43(1), 37–67. https://doi.org/https://doi.org/10.1016/j.jacceco.2006.09.001
- Diamond, D. W. (1985). Optimal release of information by firms. The Journal of Finance, 40(4), 1071–1094. https://doi.org/https://doi.org/10.1111/j.1540-6261.1985.tb02364.x
- Downar, B., Ernstberger, J., & Link, B. (2018). The monitoring effect of more frequent disclosure. Contemporary Accounting Research, 35(4), 2058–2081. https://doi.org/https://doi.org/10.1111/1911-3846.12386
- Dyckman, T. R., & Zeff, S. A. (1984). Two decades of the “Journal of Accounting Research”. Journal of Accounting Research, 22(1), 225–297. https://doi.org/https://doi.org/10.2307/2490710
- Dye, R. A. (1998). Discussion of “On the frequency, quality, and informational role of mandatory financial reports”. Journal of Accounting Research, 36(Suppl.), 149–160. https://doi.org/https://doi.org/10.2307/2491311
- Easton, P. D., & Zmijewski, M. E. (1993). SEC form 10K/10Q reports and annual reports to shareholders: Reporting lags and squared market model prediction errors. Journal of Accounting Research, 31(1), 113–129. https://doi.org/https://doi.org/10.2307/2491044
- Edmonds, T. P. (1983). The effect of auditor involvement on the predictive capacity of interim financial information. Journal of Business Finance & Accounting, 10(3), 429–441. https://doi.org/https://doi.org/10.1111/j.1468-5957.1983.tb00443.x
- Edwards, J. W. (1971). Discussion of “The influence of quarterly earnings announcements on investor decisions as reflected in common stock price changes”. Journal of Accounting Research, 9(Suppl.), 164–167. https://doi.org/https://doi.org/10.2307/2490095
- Ernstberger, J., Link, B., Stich, M., & Vogler, O. (2017). The real effects of mandatory quarterly reporting. The Accounting Review, 92(5), 33–60. https://doi.org/https://doi.org/10.2308/accr-51705
- Ertimur, Y. (2007). Discussion of “How disclosure quality affects the level of information asymmetry”. Review of Accounting Studies, 12(2–3), 479–485. https://doi.org/https://doi.org/10.1007/s11142-007-9028-1
- Etter, E. R. (1998). The information content of U.S. versus Japanese GAAP annual and quarterly earnings announcements and their relative informativeness to Japanese investors: A small sample case study. Journal of International Accounting, Auditing and Taxation, 7(2), 233–249. https://doi.org/https://doi.org/10.1016/S1061-9518(98)90016-7
- Ettredge, M. L., Simon, D. T., Smith, D. B., & Stone, M. S. (1994). Why do companies purchase timely quarterly reviews? Journal of Accounting and Economics, 18(2), 131–155. https://doi.org/https://doi.org/10.1016/0165-4101(94)00364-5
- Ettredge, M. L., Simon, D. T., Smith, D. B., & Stone, M. S. (2000a). The effect of the external accountant’s review on the timing of adjustments to quarterly earnings. Journal of Accounting Research, 38(1), 195–207. https://doi.org/https://doi.org/10.2307/2672928
- Ettredge, M. L., Simon, D. T., Smith, D. B., & Stone, M. S. (2000b). Would switching to timely reviews delay quarterly and annual earnings releases? Review of Quantitative Finance and Accounting, 14(2), 111–130. https://doi.org/https://doi.org/10.1023/A:1008384311710
- Ewert, R., & Wagenhofer, A. (2005). Economic effects of tightening accounting standards to restrict earnings management. The Accounting Review, 80(4), 1101–1124. https://doi.org/https://doi.org/10.2308/accr.2005.80.4.1101
- Fama, E. (1970). Efficient capital markets: A review of theory and empirical work. The Journal of Finance, 25(2), 383–417. https://doi.org/https://doi.org/10.2307/2325486
- Filip, A. (2016). Discussion of “Do reviews by external auditors improve the information content of interim financial statements”. The International Journal of Accounting, 51(1), 51–56. https://doi.org/https://doi.org/10.1016/j.intacc.2016.01.002
- Filzen, J. J. (2015). The information content of risk factor disclosures in quarterly reports. Accounting Horizons, 29(4), 887–916. https://doi.org/https://doi.org/10.2308/acch-51175
- Firth, M. (1981). The relative information content of the release of financial results data by firms. Journal of Accounting Research, 19(2), 521–529. https://doi.org/https://doi.org/10.2307/2490878
- Foster, G. (1977). Quarterly accounting data: Time-series properties and predictive-ability results. The Accounting Review, 52(1), 1–21.
- Foster, G. (1981). Intra-industry information transfers associated with earnings releases. Journal of Accounting and Economics, 3(3), 201–232. https://doi.org/https://doi.org/10.1016/0165-4101(81)90003-3
- Francis, J. R. (2011). A framework for understanding and researching audit quality. Auditing: A Journal of Practice & Theory, 30(2), 125–152. https://doi.org/https://doi.org/10.2308/ajpt-50006
- Fried, D., & Livnat, J. (1981). Interim statements: An analytical examination of alternative accounting techniques. The Accounting Review, 56(3), 493–509.
- Fried, D., & Livnat, J. (1985). Alternative interim reporting techniques within a dynamic framework: A reply. The Accounting Review, 60(2), 295–297.
- Fu, R., Kraft, A., & Zhang, H. (2012). Financial reporting frequency, information asymmetry, and the cost of equity. Journal of Accounting and Economics, 54(2–3), 132–149. https://doi.org/https://doi.org/10.1016/j.jacceco.2012.07.003
- Gibbins, M., & Pomeroy, B. (2007). Reflections on continuous reporting and auditing/Réflexions Sur L'Information Continue Et La VÉrification En Continu. Accounting Perspectives, 6(3), 291–304. https://doi.org/https://doi.org/10.1506/ap.6.3.6
- Gigler, F., & Hemmer, T. (1998). On the frequency, quality, and informational role of mandatory financial reports. Journal of Accounting Research, 36(Suppl.), 117–147. https://doi.org/https://doi.org/10.2307/2491310
- Gigler, F., Kanodia, C., Sapra, H., & Venugopalan, R. (2014). How frequent financial reporting can cause managerial short-termism: An analysis of the costs and benefits of increasing reporting frequency. Journal of Accounting Research, 52(2), 357–387. https://doi.org/https://doi.org/10.1111/1475-679X.12043
- Givoly, D., & Palmon, D. (1982). Timeliness of annual earnings announcements: Some empirical evidence. The Accounting Review, 57(3), 486–508.
- Givoly, D., Ronen, J., & Schiff, A. (1978). Does audit involvement affect the quality of interim report numbers? Journal of Accounting, Auditing & Finance, 1(4), 361–372.
- Glosten, L. R., & Milgrom, P. R. (1985). Bid, ask and transaction prices in a specialist market with heterogeneously informed traders. Journal of Financial Economics, 14(1), 71–100. https://doi.org/https://doi.org/10.1016/0304-405X(85)90044-3
- Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of Accounting and Economics, 40(1–3), 3–73. https://doi.org/https://doi.org/10.1016/j.jacceco.2005.01.002
- Green, D. (1964). Towards a theory of interim reports. Journal of Accounting Research, 2(1), 35–49. https://doi.org/https://doi.org/10.2307/2490154
- Green, D., & Segall, J. (1966). The predictive power of first-quarter earnings reports: A replication. Journal of Accounting Research, 4(Suppl.), 21–36. https://doi.org/https://doi.org/10.2307/2490165
- Green, D., & Segall, J. (1967). The predictive power of first-quarter earnings reports. The Journal of Business, 40(1), 44–55. https://doi.org/https://doi.org/10.1086/294919
- Green, D., & Segall, J. (1968). Brickbats and straw men: A reply to Brown and Niederhoffer. The Journal of Business, 41(4), 498–502. https://doi.org/https://doi.org/10.1086/295142
- Griffin, P. A. (2003). Got information? Investor response to Form 10-K and Form 10-Q EDGAR filings. Review of Accounting Studies, 8(4), 433–460. https://doi.org/https://doi.org/10.1023/A:1027351630866
- Hagerman, R. L., Shah, P., & Zmijewski, M. E. (1984). The association between the magnitude of quarterly earnings forecast errors and risk-adjusted stock returns. Journal of Accounting Research, 22(2), 526–540. https://doi.org/https://doi.org/10.2307/2490662
- Han, J. C., & Wild, J. J. (1990). Unexpected earnings and intraindustry information transfers: Further evidence. Journal of Accounting Research, 28(1), 211–219. https://doi.org/https://doi.org/10.2307/2491225
- Hassler, E. C., & Buckmaster, D. (1975). Implications of “Volatility in quarterly accounting data”: A comment. The Accounting Review, 50(1), 127–129.
- Healy, P. M., & Palepu, K. G. (2001). Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. Journal of Accounting and Economics, 31(1–3), 405–440. https://doi.org/https://doi.org/10.1016/S0165-4101(01)00018-0
- Heck, J. L., & Jensen, R. E. (2007). Analysis of the evolution of research contributions by “The Accounting Review”, 1926–2005. Accounting Historians Journal, 34(2), 109–141. https://doi.org/https://doi.org/10.2308/0148-4184.34.2.109
- Hirshleifer, D. (2001). Investor psychology and asset pricing. The Journal of Finance, 56(4), 1533–1597. https://doi.org/https://doi.org/10.1111/0022-1082.00379
- Hirshleifer, D., & Teoh, S. H. (2003). Limited attention, information disclosure, and financial reporting. Journal of Accounting and Economics, 36(1–3), 337–386. https://doi.org/https://doi.org/10.1016/j.jacceco.2003.10.002
- Holton, T. L. (1966). Discussion of “The predictive power of first-quarter earnings reports: A replication”. Journal of Accounting Research, 4(Suppl.), 37–39. https://doi.org/https://doi.org/10.2307/2490166
- Hopwood, W. S., & Newbold, P. (1985). Alternative interim reporting techniques within a dynamic framework: Comments and extensions. The Accounting Review, 60(2), 289–294.
- Huu Cuong, N., Gallery, G., & Artiach, T. (2013). Interim financial reporting in the Asia-Pacific region: A review of regulatory requirements. Corporate Ownership and Control, 10(3), 380–388. https://doi.org/https://doi.org/10.22495/cocv10i3c3art4
- Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/https://doi.org/10.1016/0304-405X(76)90026-X
- Jeter, D. C., & Shivakumar, L. (1999). Cross-sectional estimation of abnormal accruals using quarterly and annual data: Effectiveness in detecting event-specific earnings management. Accounting and Business Research, 29(4), 299–319. https://doi.org/https://doi.org/10.1080/00014788.1999.9729590
- Kajüter, P., Klassmann, F., & Nienhaus, M. (2016). Do reviews by external auditors improve the information content of interim financial statements? The International Journal of Accounting, 51(1), 23–50. https://doi.org/https://doi.org/10.1016/j.intacc.2016.01.003
- Kajüter, P., Klassmann, F., & Nienhaus, M. (2019). The effect of mandatory quarterly reporting on firm value. The Accounting Review, 94(3), 251–277. https://doi.org/https://doi.org/10.2308/accr-52212
- Kanodia, C., & Lee, D. (1998). Investment and disclosure: The disciplinary role of periodic performance reports. Journal of Accounting Research, 36(1), 33–55. https://doi.org/https://doi.org/10.2307/2491319
- Kennelly, J. W. (1972). Discussion of “The predictive ability of alternative parts of interim financial statements”. Journal of Accounting Research, 10(Suppl.), 125–131. https://doi.org/https://doi.org/10.2307/2489867
- Kiger, J. E. (1972). An empirical investigation of NYSE volume and price reactions to the announcement of quarterly earnings. Journal of Accounting Research, 10(1), 113–128. https://doi.org/https://doi.org/10.2307/2490222
- Kiger, J. E. (1974). Volatility in quarterly accounting data. The Accounting Review, 49(1), 1–7.
- Kiger, J. E. (1975). Implications of volatility in quarterly accounting data: A reply. The Accounting Review, 50(1), 130–132.
- Kim, J.-B., Krinsky, I., & Lee, J. (1997). Institutional holdings and trading volume reactions to quarterly earnings announcements. Journal of Accounting, Auditing & Finance, 12(1), 1–14. https://doi.org/https://doi.org/10.1177/0148558X9701200101
- Kim, O., & Verrecchia, R. (1994). Market liquidity and volume around earnings announcements. Journal of Accounting and Economics, 17(1–2), 41–67. https://doi.org/https://doi.org/10.1016/0165-4101(94)90004-3
- Knechel, R. W., Krishnan, G. V., Pevzner, M., Shefchik, L. B., & Velury, U. K. (2013). Audit quality: Insights from the academic literature. Auditing: A Journal of Practice & Theory, 32(Suppl. 1), 385–421. https://doi.org/https://doi.org/10.2308/ajpt-50350
- Kraft, A., Vashishtha, R., & Venkatachalam, M. (2018). Frequent financial reporting and managerial myopia. The Accounting Review, 93(2), 249–275. https://doi.org/https://doi.org/10.2308/accr-51838
- Kross, W., & Schroeder, D. A. (1984). An empirical investigation of the effect of quarterly earnings announcement timing on stock returns. Journal of Accounting Research, 22(1), 153–176. https://doi.org/https://doi.org/10.2307/2490706
- Kross, W., & Schroeder, D. A. (1989). Firm prominence and the differential information content of quarterly earnings announcements. Journal of Business Finance & Accounting, 16(1), 55–74. https://doi.org/https://doi.org/10.1111/j.1468-5957.1989.tb00004.x
- Kross, W., & Schroeder, D. A. (1990). An investigation of seasonality in stock price responses to quarterly earnings announcements. Journal of Business Finance & Accounting, 17(5), 649–675. https://doi.org/https://doi.org/10.1111/j.1468-5957.1990.tb00566.x
- Kyle, A. S. (1985). Continuous auctions and insider trading. Econometrica, 53(6), 1315–1335. https://doi.org/https://doi.org/10.2307/1913210
- Landsman, W. R., & Maydew, E. L. (2002). Has the information content of quarterly earnings announcements declined in the past three decades? Journal of Accounting Research, 40(3), 797–808. https://doi.org/https://doi.org/10.1111/1475-679X.00071
- Landsman, W. R., Maydew, E. L., & Thornock, J. R. (2012). The information content of annual earnings announcements and mandatory adoption of IFRS. Journal of Accounting and Economics, 53(1–2), 34–54. https://doi.org/https://doi.org/10.1016/j.jacceco.2011.04.002
- Lee, J., & Park, C. W. (2000). Intraday stock price reactions to interim-quarter versus fourth-quarter earnings announcements. Journal of Business Finance & Accounting, 27(7–8), 1027–1046. https://doi.org/https://doi.org/10.1111/1468-5957.00344
- Lee, T. A. (2014). Company financial statements: An essay in business history 1830–1950. In T. A. Lee & R. H. Parker (Eds.), The evolution of corporate financial reporting (pp. 15–39). Routledge.
- Lee, Y.-J. (2012). The effect of quarterly report readability on information efficiency of stock prices. Contemporary Accounting Research, 29(4), 1137–1170. https://doi.org/https://doi.org/10.1111/j.1911-3846.2011.01152.x
- Leftwich, R. W., Watts, R. L., & Zimmerman, J. L. (1981). Voluntary corporate disclosures: The case of interim reporting. Journal of Accounting Research, 19(Suppl.), 50–77. https://doi.org/https://doi.org/10.2307/2490984
- Leuz, C. (2018). Evidence-based policymaking: Promise, challenges and opportunities for accounting and financial markets research. Accounting and Business Research, 48(5), 582–608. https://doi.org/https://doi.org/10.1080/00014788.2018.1470151
- Li, E. X., & Ramesh, K. (2009). Market reaction surrounding the filing of periodic SEC reports. The Accounting Review, 84(4), 1171–1208. https://doi.org/https://doi.org/10.2308/accr.2009.84.4.1171
- Li, F. (2010). The information content of forward-looking statements in corporate filings – A naïve Bayesian machine learning approach. Journal of Accounting Research, 48(5), 1049–1102. https://doi.org/https://doi.org/10.1111/j.1475-679X.2010.00382.x
- Li, N., Vasvari, F. R., & Wittenberg-Moerman, R. (2016). Dynamic threshold values in earnings-based covenants. Journal of Accounting and Economics, 61(2–3), 605–629. https://doi.org/https://doi.org/10.1016/j.jacceco.2015.07.004
- Link, B. (2012). The struggle for a common interim reporting frequency regime in Europe. Accounting in Europe, 9(2), 191–226. https://doi.org/https://doi.org/10.1080/17449480.2012.720874
- Lobo, G. J., & Tung, S. (1997). Relation between predisclosure information asymmetry and trading volume reaction around quarterly earnings announcements. Journal of Business Finance & Accounting, 24(6), 851–867. https://doi.org/https://doi.org/10.1111/1468-5957.00137
- Loughran, T., & McDonald, B. (2014). Measuring readability in financial disclosures. The Journal of Finance, 69(4), 1643–1671. https://doi.org/https://doi.org/10.1111/jofi.12162
- Lundholm, R. (1991). Public signals and the equilibrium allocation of private information. Journal of Accounting Research, 29(2), 322–349. https://doi.org/https://doi.org/10.2307/2491052
- Mangena, M., & Tauringana, V. (2007). Corporate compliance with non-mandatory statements of best practice: The case of the ASB statement on interim reports. European Accounting Review, 16(2), 399–427. https://doi.org/https://doi.org/10.1080/09638180701391014
- Mangena, M., & Tauringana, V. (2008). Audit committees and voluntary external auditor involvement in UK interim reporting. International Journal of Auditing, 12(1), 45–63. https://doi.org/https://doi.org/10.1111/j.1099-1123.2008.00369.x
- Manry, D., Tiras, S. L., & Wheatley, C. M. (2003). The influence of interim auditor reviews on the association of returns with earnings. The Accounting Review, 78(1), 251–274. https://doi.org/https://doi.org/10.2308/accr.2003.78.1.251
- May, R. G. (1971). The influence of quarterly earnings announcements on investor decisions as reflected in common stock price changes. Journal of Accounting Research, 9(Suppl.), 119–163. https://doi.org/https://doi.org/10.2307/2490094
- McEwen, R. A., & Schwartz, B. N. (1992). Are firms complying with the minimum standards for interim financial reporting? Accounting Horizons, 6(1), 75–87.
- McNichols, M., & Manegold, J. G. (1983). The effect of the information environment on the relationship between financial disclosure and security price variability Journal of Accounting and Economics, 5, 49–74. https://doi.org/https://doi.org/10.1016/0165-4101(83)90005-8
- McNichols, M., & Trueman, B. (1994). Public disclosure, private information collection, and short-term trading. Journal of Accounting and Economics, 17(1–2), 69–94. https://doi.org/https://doi.org/10.1016/0165-4101(94)90005-1
- Mendenhall, R. R., & Nichols, W. D. (1988). Bad news and differential market reactions to announcements of earlier-quarters versus fourth-quarter earnings. Journal of Accounting Research, 26(Suppl.), 63–86. https://doi.org/https://doi.org/10.2307/2491180
- Mensah, Y. M., & Werner, R. H. (2008). The capital market implications of the frequency of interim financial reporting: An international analysis. Review of Quantitative Finance and Accounting, 31(1), 71–104. https://doi.org/https://doi.org/10.1007/s11156-007-0069-0
- Morse, D. (1981). Price and trading volume reaction surrounding earnings announcements: A closer examination. Journal of Accounting Research, 19(2), 374–383. https://doi.org/https://doi.org/10.2307/2490871
- Niederhoffer, V. (1970). The predictive content of first-quarter earnings reports. The Journal of Business, 43(1), 60–62. https://doi.org/https://doi.org/10.1086/295242
- Opong, K. K. (1995). The information content of interim financial reports: UK evidence. Journal of Business Finance & Accounting, 22(2), 269–279. https://doi.org/https://doi.org/10.1111/j.1468-5957.1995.tb00683.x
- Palepu, K. G. (1988). Discussion of bad news and differential market reactions to announcements of earlier-quarters versus fourth-quarter earnings. Journal of Accounting Research, 26(Suppl.), 87–90. https://doi.org/https://doi.org/10.2307/2491181
- Pany, K., & Smith, C. H. (1982). Auditor association with quarterly financial information: An empirical test. Journal of Accounting Research, 20(2), 472–481. https://doi.org/https://doi.org/10.2307/2490754
- Pitre, T. J. (2012). Effects of increased reporting frequency on nonprofessional investors’ earnings predictions. Behavioral Research in Accounting, 24(1), 91–107. https://doi.org/https://doi.org/10.2308/bria-50039
- Rahman, A. R., Tay, T. M., Ong, B. T., & Cai, S. (2007). Quarterly reporting in a voluntary disclosure environment: Its benefits, drawbacks and determinants. The International Journal of Accounting, 42(4), 416–442. https://doi.org/https://doi.org/10.1016/j.intacc.2007.09.006
- Rangan, S., & Sloan, R. (1998). Implications of the integral approach to quarterly reporting for the post-earnings-announcement drift. The Accounting Review, 73(3), 353–371.
- Rappaport, A. (1966). Towards a theory of interim reports: A modification and an extension. Journal of Accounting Research, 4(1), 121–126. https://doi.org/https://doi.org/10.2307/2490146
- Reilly, F. K., Morgenson, D. L., & West, M. (1972). The predictive ability of alternative parts of interim financial statements. Journal of Accounting Research, 10(Suppl.), 105–124. https://doi.org/https://doi.org/10.2307/2489866
- Roberts, M. R., & Sufi, A. (2009). Control rights and capital structure: An empirical investigation. The Journal of Finance, 64(4), 1657–1695. https://doi.org/https://doi.org/10.1111/j.1540-6261.2009.01476.x
- Salamon, G. L., & Stober, T. L. (1994). Cross-quarter differences in stock price responses to earnings announcements: Fourth-quarter and seasonality influences. Contemporary Accounting Research, 11(1), 297–330. https://doi.org/https://doi.org/10.1111/j.1911-3846.1994.tb00445.x
- Schipper, K. (1981). Discussion of voluntary corporate disclosure: The case of interim reporting. Journal of Accounting Research, 19(Suppl.), 85–88. https://doi.org/https://doi.org/10.2307/2490986
- Schleicher, T., & Walker, M. (2015). Are interim management statements redundant? Accounting and Business Research, 45(2), 229–255. https://doi.org/https://doi.org/10.1080/00014788.2014.1002444
- Shillinglaw, G. (1961). Concepts underlying interim financial statements. The Accounting Review, 36(2), 222–231.
- Shroff, N., Verdi, R. S., & Yost, B. P. (2017). When does the peer information environment matter? Journal of Accounting and Economics, 64(2–3), 183–214. https://doi.org/https://doi.org/10.1016/j.jacceco.2017.03.005
- Singapore Exchange. (2020, January 09). SGX RegCo adopts risk-based approach to quarterly reporting, mandates more robust disclosures on matters of high impact. Retrieved December 21, 2020, from https://www.sgx.com/media-centre/20200109-sgx-regco-adopts-risk-based-approach-quarterly-reporting-mandates-more-robust
- Sivakumar, K., & Waymire, G. (1994). Voluntary interim disclosure by early 20th century NYSE industrials. Contemporary Accounting Research, 10(2), 673–698. https://doi.org/https://doi.org/10.1111/j.1911-3846.1994.tb00410.x
- Stice, E. K. (1991). The market reaction to 10-K and 10-Q filings and to subsequent “The Wall Street Journal” earnings announcements. The Accounting Review, 66(1), 42–55.
- Stickel, S. E. (1989). The timing of and incentives for annual earnings forecasts near interim earnings announcements. Journal of Accounting and Economics, 11(2–3), 275–292. https://doi.org/https://doi.org/10.1016/0165-4101(89)90009-8
- Stoumbos, R. (2019, November 21). How does more frequent reporting reduce information asymmetry? Retrieved December 21, 2020, from https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3008708
- Taylor, R. G. (1965). A look at published interim reports. The Accounting Review, 40(1), 89–96.
- Tippett, M. (2004). Discussion of interim reporting frequency and financial analysts’ expenditures. Journal of Business Finance & Accounting, 31(1–2), 199–207. https://doi.org/https://doi.org/10.1111/j.0306-686X.2004.0d05.x
- Tsao, S.-M., Lu, H.-T., & Keung, E. C. (2018). Interim reporting frequency and the mispricing of accruals. Accounting Horizons, 32(3), 29–47. https://doi.org/https://doi.org/10.2308/acch-52097
- Van Buskirk, A. (2012). Disclosure frequency and information asymmetry. Review of Quantitative Finance and Accounting, 38(4), 411–440. https://doi.org/https://doi.org/10.1007/s11156-011-0237-0
- Van Huffel, G., Joos, P., & Ooghe, H. (1996). Semi-annual earnings announcements and market reaction: Some recent findings for a small capital market. European Accounting Review, 5(4), 693–713. https://doi.org/https://doi.org/10.1080/09638189600000043
- Verdi, R. S. (2012). Discussion of “Financial reporting frequency, information asymmetry, and the cost of equity”. Journal of Accounting and Economics, 54(2–3), 150–153. https://doi.org/https://doi.org/10.1016/j.jacceco.2012.07.004
- Vieru, M., Perttunen, J., & Schadewitz, H. (2006). How investors trade around interim earnings announcements. Journal of Business Finance & Accounting, 33(1), 145–178. https://doi.org/https://doi.org/10.1111/j.1468-5957.2006.01358.x
- Wagenhofer, A. (2014). Trading off costs and benefits of frequent financial reporting. Journal of Accounting Research, 52(2), 389–401. https://doi.org/https://doi.org/10.1111/1475-679X.12045
- Welker, M. (1995). Disclosure policy, information asymmetry, and liquidity in equity markets. Contemporary Accounting Research, 11(2), 801–827. https://doi.org/https://doi.org/10.1111/j.1911-3846.1995.tb00467.x
- Welsch, G. A. (1966). Discussion of the predictive power of first-quarter earnings reports: A replication. Journal of Accounting Research, 4(Suppl.), 40–43. https://doi.org/https://doi.org/10.2307/2490167
- Weston, F. T. (1971). Discussion of the influence of quarterly earnings announcements on investor decisions as reflected in common stock price changes. Journal of Accounting Research, 9(Suppl.), 168–171. https://doi.org/https://doi.org/10.2307/2490096
- Wiedman, C. I. (2009). “Discussion of “Quarterly earnings patterns and earnings management”. Contemporary Accounting Research, 26(3), 833–841. https://doi.org/https://doi.org/10.1506/car.26.3.8
- Yee, K. K. (2004). Interim reporting frequency and financial analysts’ expenditures. Journal of Business Finance & Accounting, 31(1–2), 167–198. https://doi.org/https://doi.org/10.1111/j.0306-686X.2004.00005.x
- You, H., & Zhang, X.-J. (2009). Financial reporting complexity and investor underreaction to 10-K information. Review of Accounting Studies, 14(4), 559–586. https://doi.org/https://doi.org/10.1007/s11142-008-9083-2