可比性
财务报表
度量(数据仓库)
语句(逻辑)
审计
会计
财务
财务比率
精算学
业务
计算机科学
数学
数据挖掘
政治学
组合数学
法学
作者
Stephen Brown,Guang Ma,Jennifer Wu Tucker
标识
DOI:10.1111/1911-3846.12885
摘要
Abstract We propose financial statement similarity as a measure of financial reporting comparability. The firm‐pair version of our measure reflects the degree to which two firms report similar relations within their financial statement items; this version can help managers and market participants identify peer firms. The firm‐year version of our measure reflects the degree to which a firm reports financial statement relations that are similar to other members of its industry; this version can help market participants, regulators, and auditors screen firms for further attention. Our measure uses the presence and amounts of almost all financial items reported by a firm. We validate our measure in four sets of analyses to establish concurrent validity and in three sets of analyses to establish predictive validity. In all these tests, we contrast our measure with the comparability measure in De Franco et al. (2011) and a multivariate measure that considers the presence, but not amounts, of financial statement items. Our measure outperforms the alternatives and can be a useful tool for users.
科研通智能强力驱动
Strongly Powered by AbleSci AI