We hypothesize that this variation in the extent and nature of financial data disseminated through corporate Web sites is associated with the factors that influence the initial disclosure of financial information. We consider information items that contain required disclosures separately from those that contain mainly voluntary disclosures, since most previous work that identifies factors affec...

This paper studies the relation between quality of corporate narrative disclosure and timeliness goodwill impairments. We combine five measures linguistic content annual report narratives to generate a proxy for quality. To measure impairments, we deploy model that relates observed impairments main determinants identified by prior literature, focusing especially on current period negative stock...