Joseph Weber

TL;DR: In this article, the role of financial reporting transparency in reducing governance-related agency conflicts among managers, directors, and shareholders, as well as in reducing agency conflicts between shareholders and creditors, is reviewed.

TL;DR: In this article, the role of financial reporting transparency in reducing governance-related agency conflicts among managers, directors, and shareholders, as well as in reducing agency conflicts between shareholders and creditors, is reviewed.

TL;DR: In this paper, the authors examine cross-sectional determinants of the informativeness of analyst research, i.e., their effect on security prices, controlling for endogeneity among the factors affecting informativity, and find that analyst reports are more informative when the potential brokerage profits are higher (e.g., high trading volume, high volatility, and high institutional ownership).

TL;DR: This article found that contract modifications are more likely when agency costs are higher and litigation, tax and equity demands for conservatism are lower, suggesting that contractual modifications alone cannot fulfill lenders' demands for reporting conservatism.

TL;DR: In this paper, the authors examined Statement of Financial Accounting Standards 142 adoption decisions, focusing on the tradeoff between recording certain current goodwill impairment charges below the line and uncertain future impairment charges included in income from continuing operations.