Research Grant
[Cite as https://purl.org/au-research/grants/arc/DP210101354]Researchers: Andrew Jackson (Chief Investigator) , Stephen Taylor (Chief Investigator) , Yaowen Shan (Chief Investigator) , Jere Francis (Partner Investigator)
Brief description Financial performance, uncertainty and corporate investment decisions. It is well understood that the provision of financial reports to external stakeholders impacts their decision making. Yet the extent to which externally reported financial measures such as earnings can resolve uncertainty, and their influence on corporate investment decisions is largely unknown. This project identifies how disaggregation of earnings into market-, industry- and firm-specific components explains differences in the quality of financial information, and the implication for accounting standards regulating the reporting of periodic performance. It applies the resulting insights to identify an uncertainty reduction role for financial reporting, and the way in which information contained in earnings impacts investment decisions.
Funding Amount $223,915
Funding Scheme Discovery Projects
- PURL : https://purl.org/au-research/grants/arc/DP210101354
- ARC : DP210101354