000			01544nam a22002657a 4500
003			ZW-GwMSU
005			20240408084831.0
008			231122b |||||||| |||| 00| 0 eng d
022			_a0148558X
040			_aMSU _cMSU _erda _bEnglish
050	0	0	_aHF5601 JOU
100	1		_aBillings, Mary Brooke _eauthor
245	1	0	_a"Discussion of "Critical accounting policy disclosures"/ _ccreated by Mary Brooke Billings
264	1		_aThousand Oaks, CA: _bSage Publications, _c2011.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aJournal of Accounting, Auditing and Finance _vVolume 26, number 1
520	3		_aCarolyn B. Levine and Michael J. Smith (2011) examine firms’ critical accounting policy (CAP) disclosures. With respect to motivation for disclosure, Levine and Smith (2011) document an increased likelihood of CAP disclosure for firms facing high ex ante litigation risk. Focusing on the informational value of disclosure, they find evidence consistent with CAP disclosure influencing investors’ valuation decisions. Although the paper provides a large sample analysis of a relatively new accounting disclosure practice, I raise some questions about what we can (and cannot) learn from their findings. In so doing, I highlight potential topics for future research.
650			_aCritical accounting policy
650			_aDisclosure incentives
650			_aEarnings' quality
856			_uhttps://doi.org/10.1177/0148558X11400580
942			_2lcc _cJA
999			_c163521 _d163521