德勤－复旦会计论坛系列讲座之一百九十八

时   间：2023年 4月27日（周四）下午14:00

地   点：史604教室

主持人：倪晨凯 副教授

报告人：程林 教授 (中欧国际工商学院)

程林教授是中欧国际工商学院会计学教授，金融学和会计学系系主任。他2012年毕业于美国俄亥俄州立大学并获得会计学及管理信息系统博士学位。在加入中欧国际工商学院之前，程林教授任教于美国亚利桑那大学Eller商学院，担任副教授并获终身教职。程林教授的研究领域主要集中在公司信息披露、债务契约、劳动经济学和审计学。他的多篇论文发表于The Accounting Review、Contemporary Accounting Research、Journal of Accounting and Economics等国际顶级学术期刊。程林教授现任Contemporary Accounting Research编委会成员。

题   目：EDGAR Implementation, Unionization, and Strategic Disclosure

摘   要：Answering the call by Blankespoor et al. (2020) to study the effect of disclosure processing frictions on other stakeholders and decision contexts, this study examines how firms facing strong organized labor strategically respond to the implementation of the EDGAR system, which substantially reduced labor unions’ information processing costs and information asymmetry between union leaders and regular workers. Consistent with firms’ incentives to maintain an information advantage and bargaining position with labor unions, we find that firms reduce the disaggregation in financial statements, the likelihood and frequency of voluntary management forecasts, and the proportion of forecasts conveying good news. Our study is the first to investigate the implications of information processing costs to labor markets and to examine firms’ strategic disclosure responses to EDGAR implementation caused by concerns from other markets. It improves our understanding on the dynamic effects and real outcomes of shocks to disclosure processing costs beyond equity markets.

会计学系

2023-4-21