科学研究
报告题目：Flu Fallout: Information Production Constraints and Corporate Disclosure
报告人：王仁诚
报告时间：2021年12月1日（周三）15:30
报告地点：腾讯会议
主办单位：东北财经大学会计学院
【报告摘要】
Using influenza epidemic data of corporate headquarters states during 2003 to 2018, we examine whether and how corporate information production constraints affect managerial strategic disclosures. First, we show that flu activity increases the information production constraints of a firm, as reflected by an increase in financial reporting lags and errors. Next, we show that firms in higher flu areas issue fewer (more) short- (long-) run forecasts with earnings announcements. This effect is stronger for firms that require more time and effort in corporate disclosure and for managers with greater reputation concerns about corporate disclosure. Overall, our findings suggest that managers develop disclosure strategies to minimize the reputation loss of issuing low-quality forecasts to the public and the costs of reducing forecast frequency in the face of information production constraints.
【报告人简介】
王仁诚，新加坡管理大学会计学院副教授。香港科技大学获得博士学位，曾就职于澳大利亚昆士兰大学以及墨尔本大学。他的研究兴趣广泛，特别是关于会计与金融之间的交叉课题，他的论文发表于各大学术期刊，例如Journal of Accounting Research、 Journal of Accounting and Economics、The Accounting Review等。
