Determinants of Textual Transparency (A03)

• Subject Area: Accounting and Finance
• Term: from 2019 to 2023
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 403041268

Franke and Li focus on factors that drive the transparency of textual financial reporting disclosures. Given the increased amount of textual financial disclosures in recent years, they will assess the availability, accuracy, and clarity of this information. They extend prior work by using bond-related disclosures and by singling out the effect of litigational concerns on the quality of textual information. Their key interest lies in exploring the cross-sectional variation of these textual disclosures and in understanding how textual disclosures are shaped by public equity and debt markets.

• DFG Programme: CRC/Transregios
• Subproject of: TRR 266: Accounting for Transparency
• Applicant Institution: Universität Paderborn
• Project Heads: Dr. Benedikt Franke, until 9/2019; Reeyarn Zhiyang Li, Ph.D.