References
- Bae, K., Tan, H., & Welker, M. (2008). International GAAP differences: The impact on foreign analysts. The Accounting Review, 83, 593–628.
- Baginski, S.P. (1987). Intra-industry information transfers associated with management forecasts of earnings. Journal of Accounting Research, 25, 196–216.
- Ball, R., & Brown, P. (1968). An empirical evaluation of accounting income numbers. Journal of Accounting Research, 6, 159–178.
- Ball, R., Robin, A., & Wu, J.S. (2003). Incentives versus standards: Properties of accounting income in four East Asian countries. Journal of Accounting and Economics, 36, 235–270.
- Barth, M.E., Landsman, W.R., Lang, M., & Williams, C.D. (2012). Are IFRS-based and US GAAP-based accounting amounts comparable? Journal of Accounting and Economics, 54, 68–93.
- Barth, M.E., Landsman, W.R., Lang, M.H., & Williams, C.D. (2013). Effects on Comparability and Capital Market Benefits of Voluntary Adoption of IFRS by US Firms: Insights from Voluntary Adoption of IFRS by Non-US Firms. Working Paper. Available at: https://ssrn.com/abstract=2196247.
- Basu, S. (1997). The conservatism principle and the asymmetric timeliness of earnings. Journal of Accounting and Economics, 24, 3–37.
- Bhojraj, S., & Lee, C. (2002). Who is my peer? A valuation-based approach to the selection of comparable firms. Journal of Accounting Research, 40, 407–439.
- Chen, C., Collins, D.W., Kravet, T.D., & Mergenthaler, R.D. (2018). Financial statement comparability and the efficiency of acquisition decisions. Contemporary Accounting Research, 35, 164–202.
- Chen, Y., & Jiang, X. (2017). Can accounting comparability reduce audit fee? Auditing Research, 2, 89–97(in Chinese).
- Choi, J.H., Choi, S., Myers, L.A., & Ziebart, D.A. (2017). Financial statement comparability and the informativeness of stock prices about future earnings. Working Paper. Available at: https://ssrn.com/abstract=2337571.
- Clinch, G.J., & Sinclair, N.A. (1987). Intra-Industry information releases: A recursive systems approach. Journal of Accounting and Economics, 9, 89–106.
- Cooper, I.A., & Cordeiro, L. (2008). Optimal equity valuation using multiples: The number of comparable firms. Working Paper. Available at: https://ssrn.com/abstract=1272349.
- Daske, H., Hail, L., Leuz, C., & Verdi, R. (2008). Mandatory IFRS reporting around the world: Early evidence on the economic consequences. Journal of Accounting Research, 46, 1085–1142.
- De Franco, G., Kothari, S.P., & Verdi, R.S. (2011). The benefits of financial statement comparability. Journal of Accounting Research, 49, 895–931.
- DeFond, M., Hu, X., Hung, M., & Li, S. (2011). The impact of mandatory IFRS adoption on foreign mutual fund ownership: The role of comparability. Journal of Accounting and Economics, 51, 240–258.
- Desir, R. (2012). How do managers of non-announcing firms respond to intra-industry information transfers? Journal of Business Finance & Accounting, 39, 1180–1213.
- Doyle, J.T., Ge, W., & McVay, S. (2007). Accruals quality and internal control over financial reporting. The Accounting Review, 82, 1141–1170.
- Einhorn, E., Langberg, N., & Versano, T. (2018). Cross-firm real earnings management. Journal of Accounting Research, 56, 883–911.
- Fang, H., Zhang, Y., & Wang, P. (2017). Legal environment, supply chain concentration and firm’s accounting information comparability. Accounting Research, 7, 33–40 (in Chinese).
- Fang, X., Li, Y., Xin, B., & Zhang, W. (2016). Financial statement comparability and debt contracting: Evidence from the syndicated loan market. Accounting Horizons, 30, 277–303.
- Firth, M. (1976). The impact of earnings announcements on the share price behaviour of similar type firms. Economic Journal, 86, 296–306.
- Foster, G. (1980). Externalities and financial reporting. The Journal of Finance, 35, 521–533.
- Foster, G. (1981). Intra-industry information transfers associated with earnings releases. Journal of Accounting and Economics, 3, 201–232.
- Graham, R.C., & King, R.D. (1996). Industry information transfers: The effect of information environment. Journal of Business Finance & Accounting, 23, 1289–1306.
- Hackenbrack, K.E., & Hogan, C.E. (2002). Market response to earnings surprises conditional on reasons for an auditor change. Contemporary Accounting Research, 19, 195–223.
- Han, J., & Wild, J.J. (1990). Unexpected earnings and intra-industry information transfers: Further evidence. Journal of Accounting Research, 28, 211–219.
- Han, J., Wild, J.J., & Ramesh, K. (1989). Managers earnings forecasts and intra-industry information transfers. Journal of Accounting and Economics, 11, 3–33.
- Hertzel, M.G., Li, Z., Officer, M.S., & Rodgers, K.J. (2008). Inter-firm linkages and the wealth effects of financial distress along the supply chain. Journal of Financial Economics, 87, 374–387.
- Hilary, G., & Shen, R. (2013). The role of analysts in Intra-industry information transfer. The Accounting Review, 88, 1265–1287.
- IASB. (2010). Conceptual framework for financial reporting. Available at: https://www.fasb.org/jsp/FASB/Document_C/DocumentPage?cid=1176157498129&acceptedDisclaimer=true.
- Imhof, M.J., Seavey, S.E., & Smith, D.B. (2017). Comparability and cost of equity capital. Accounting Horizons, 31, 125–138.
- Jenkins, N.T. (2008). The contagion effects of accounting restatements: A summary. The Accounting Review, 83, 83–110.
- Jiang, X., Shen, D., & Li, Y. (2017). Does accounting information comparability affect corporate innovation? Nankai Business Review, 4, 82–92 (in Chinese).
- Kim, J., Li, L., Lu, L.Y., & Yu, Y. (2016). Financial statement comparability and expected crash risk. Journal of Accounting and Economics, 61, 294–312.
- Kim, S., Kraft, P., & Ryan, S.G. (2013). Financial statement comparability and credit risk. Review of Accounting Studies, 18, 783–823.
- Kim, Y., Lacina, M., & Park, M.S. (2008). Positive and negative information transfers from management forecasts. Journal of Accounting Research, 46, 885–908.
- Kim, Y., & Li, S. (2011). The externality effect of accounting standards convergence: Evidence from cross-border information transfers around EU mandatory IFRS adoption. Working Paper. Santa Clara University.
- Koo, D.S., Julie Wu, J., & Yeung, P.E. (2017). Earnings attribution and information transfers. Contemporary Accounting Research, 34, 1547–1579.
- Kovacs, T. (2016). Intra-industry information transfers and the post-earnings announcement drift. Contemporary Accounting Research, 33, 1549–1575.
- Li, C., Song, M., & Zhang, X. (2014). Analyst following and corporate earnings management: Evidence from China. Journal of Financial Research, 7, 124–139 (in Chinese).
- Li, S. (2010). Does mandatory adoption of international financial reporting standards in the European Union reduce the cost of equity capital? The Accounting Review, 85, 607–636.
- Li, W., & Li, M. (2017). Combination of entity enterprise and financial institution: Financial constraints, policies to cater or market competition? Based on the empirical research of different property rights perspective. Journal of Financial Research, 8, 100–116 (in Chinese).
- Li, X., & Zhu, H. (2011). Investors’ limited attention and efficiency of information processing. Journal of Financial Research, 8, 128–142 (in Chinese).
- Liu, R., Liu, Z., & Xu, C. (2015). Accounting comparability of acquirers and long-term stock returns. Accounting Research, 11, 34–40 (in Chinese).
- Longin, F., & Solnik, B. (2001). Extreme correlation of international equity markets. The Journal of Finance, 56, 649–676.
- Lu, Z., Zhu, J., & Zhang, W. (2012). Bank discrimination, holding bank ownership, and economic consequences: Evidence from china. Journal of Banking & Finance, 36, 341–354.
- Neel, M. (2017). Accounting comparability and economic outcomes of mandatory IFRS adoption. Contemporary Accounting Research, 34, 658–690.
- Pandit, S., Wasley, C.E., & Zach, T. (2011). Information externalities along the supply chain: The economic determinants of suppliers’ stock price reaction to their customers’ earnings announcements. Contemporary Accounting Research, 28, 1304–1343.
- Peng, L., & Xiong, W. (2006). Investor attention, overconfidence and category learning. Journal of Financial Economics, 80, 563–602.
- Pyo, Y., & Lustgarten, S. (1990). Differential intra-industry information transfer associated with management earnings forecasts. Journal of Accounting and Economics, 13, 365–379.
- Ramnath, S. (2002). Investor and analyst reactions to earnings announcements of related firms: An empirical analysis. Journal of Accounting Research, 40, 1351–1376.
- Thomas, J., & Zhang, F. (2008). Overreaction to intra-industry information transfers? Journal of Accounting Research, 46, 909–940.
- Wang, C. (2014). Accounting standards harmonization and financial statement comparability: Evidence from transnational information transfer. Journal of Accounting Research, 52, 955–992.
- Wang, H., & Zhang, C. (2005). The inconsistency and harmonization between two basic demands for financial accounting information and the supply: Based on the analysis of asymmetric information environment. Accounting Research, 9, 3–7 (in Chinese).
- Wu, Y. (2012). The dual efficiency losses in Chinese state-owned enterprises. Economic Research Journal, 3, 15–27 (in Chinese).
- Xu, C., & Liu, R. (2014). Can accounting comparability reduce earnings management? Accounting Research, 7, 50–57 (in Chinese).
- Yi, Y., Dai, D., & Peng, W. (2017). Convergence of accounting standards, institutional environment and financial reporting comparability: An empirical study of comparing A-share with H-share and HK share. Accounting Research, 7, 26–32 (in Chinese).
- Young, S., & Zeng, Y. (2015). Accounting comparability and the accuracy of peer-based valuation models. The Accounting Review, 90, 2571–2601.
- Yu, L., & Wang, Y. (2010). Competing information disclosure, investor attention and efficiency of information dissemination. Journal of Financial Research, 8, 112–135 (in Chinese).
- Yu, M., Zhong, H., & Fan, R. (2017). Analyst coverage and firm innovation: Evidence from Chinese capital market. Business Management Journal, 3, 175–192 (in Chinese).
- Yu, Z., Tian, G., & Zhang, Y. (2012). Media coverage, institutional development and market reaction to earnings: A further investigation about market pressure hypothesis. Accounting Research, 9, 40–51 (in Chinese).
- Yuan, Z., & Wu, L. (2012). Literature review and future research prospects about accounting information comparability. Accounting Research, 9, 9–15 (in Chinese).
- Zhang, J., Tang, X., & Zeng, Y. (2017). Non-disclosure of audit fees and audit quality: Evidence from auditor independence and perceived audit quality. Accounting Research, 8, 88–93 (in Chinese).