Jae B. Kim

TL;DR: In this paper, the authors examined whether internal control over financial reporting affects firm operational efficiency and found that the negative effect of material weaknesses on operational efficiency is stronger for firms with a greater demand for higher quality information for decision making, for weaknesses that are deemed to be more severe, and to a certain extent, for smaller firms.

TL;DR: In this paper, the authors investigate how the availability of traded credit default swaps (CDSs) affects the referenced firms' voluntary disclosure choices and find that managers are more likely to issue earnings forecasts and forecast more frequently when traded CDSs reference their firms.

TL;DR: In this paper, the authors investigate how XBRL adoption affects smaller institutions' access to financial statement information relative to their larger counterparts and find that small institutions' responsiveness to 10-K news increases significantly more relative to the change experienced by large institutions from the pre- to post-XBRL periods.

TL;DR: In this paper, the authors examine whether and how internal control over financial reporting affects firm operational efficiency and find that operational efficiency, derived from the frontier analysis, is significantly lower among firms with material weaknesses in internal control relative to firms without such weaknesses.

TL;DR: In this article, the authors investigate how the development of the credit default swap market affects firms' voluntary disclosure choices and find that managers are more likely to issue earnings forecasts and to forecast more frequently when their firms have actively traded CDSs.