Making a case for transparent corporate accounting information
UNIVERSITY OF CALIFORNIA, BERKELEY'S HAAS SCHOOL OF BUSINESS - A new study by accounting professor Yaniv Konchitchki finds greater transparency in firms' earnings has a positive effect on the bottom line.
"Cost of Capital and Earnings Transparency," (published in the Journal of Accounting and Economics, April-May 2013) establishes that the transparency of a firm's accounting earnings is a telling indicator of the company's cost of capital and thus its valuation, according to Konchitchki. The paper is co-authored with Mary E. Barth, Stanford Graduate School of Business, ...


