科学研究
报告题目：The Usefulness and Limited Supply of Disclosure Accessibility
报告人：张昀
报告时间：2025年6月24日（周二）9:30-11:00
报告地点：劝学楼245
主办单位：东北财经大学会计学院 辽宁省资本市场财务与会计研究生创新与学术交流中心
【报告摘要】
Firm disclosures are mostly unstructured and textual, imposing substantial processing costs on investors. We examine firms' incentives to enhance the accessibility of these disclosures by expending resources to make them easier for investors to process. We show that an equilibrium with a positive supply of accessibility can be difficult to sustain, even though investors view accessibility as a favorable signal of firm productivity. We further explore how the supply of accessibility interacts with the quality of the numerical (easier-to-analyze) signals and textual (harder-to-analyze) disclosures. Our analysis generates predictions consistent with empirical evidence and offers a framework for evaluating policy initiatives and accounting standards aimed at improving accessibility.
【报告人简介】
张昀，乔治华盛顿大学商学院教授，曾在杜克大学富卡商学院任教。他的研究兴趣包括会计理论、代理理论和资本市场中的信息使用。相关研究成果发表在 Accounting Review、Contemporary Accounting Research、Journal of Accounting Research、Management Science 和 Review of Accounting Studies 等期刊。他曾担任 Accounting Review、Contemporary Accounting Research、Journal of Accounting Research、Journal of Accounting and Public Policy、Management Science、Production and Operations Management 和 Review of Accounting Studies 的特约审稿人。
【特别提醒】
未经论文作者和主办方允许，严禁将讲座内容录制并公开传播，违者将有可能被追究法律责任。
