Political uncertainty and financial statement readability
Research in International Business and Finance, ISSN: 0275-5319, Vol: 66, Page: 102068
2023
- 28Captures
Metric Options: Counts1 Year3 YearSelecting the 1-year or 3-year option will change the metrics count to percentiles, illustrating how an article or review compares to other articles or reviews within the selected time period in the same journal. Selecting the 1-year option compares the metrics against other articles/reviews that were also published in the same calendar year. Selecting the 3-year option compares the metrics against other articles/reviews that were also published in the same calendar year plus the two years prior.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Metrics Details
- Captures28
- Readers28
- 28
Article Description
In this paper, we examine the impact of political uncertainty on financial statement readability. Using the turnovers of local government leaders in China as the proxy for political uncertainty, we find that financial statement readability is lower when political uncertainty is higher. The negative relation between political uncertainty and financial statement readability is more pronounced for corporates with lower capital market concerns, lacking political connections, and under weaker external reporting scrutiny. We further identify the incentives of local government leaders as the underlying driver for the relation between political uncertainty and financial statement readability. The findings extend our understanding of how political uncertainty may affect corporate behaviors.
Bibliographic Details
http://www.sciencedirect.com/science/article/pii/S0275531923001940; http://dx.doi.org/10.1016/j.ribaf.2023.102068; http://www.scopus.com/inward/record.url?partnerID=HzOxMe3b&scp=85170029288&origin=inward; https://linkinghub.elsevier.com/retrieve/pii/S0275531923001940; https://dx.doi.org/10.1016/j.ribaf.2023.102068
Elsevier BV
Provide Feedback
Have ideas for a new metric? Would you like to see something else here?Let us know