The Tone from Above: The Effect of Communicating a Supportive Regulatory Strategy on Reporting Quality

Sanne R. van Duin, Henri Dekker, Jacco L. Wielhouwer, Juan P. Mendoza

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstrakt

In collaboration with the Authority for the Financial Markets in the Netherlands, we manipulate the content of official letters that instruct financial intermediaries to submit a mandatory self-assessment. As part of the Registered Report Process, we submitted our hypotheses, experimental procedure, and planned statistical analyses before data collection. We predicted that a request indicating a supportive regulatory attitude has a positive effect on reporting quality on average. We also predicted this effect to be stronger for small firms and for firms with a long-term orientation, and to become negative for firms with a short-term orientation. Planned analyses show that a supportive letter reduced reporting quality unless firms had a long-term orientation, supporting the moderating influence of time horizon, but providing no support for the expected average effect or for moderation by firm size.
OriginalsprogEngelsk
TidsskriftJournal of Accounting Research
Vol/bind56
Udgave nummer2
Sider (fra-til)467-519
Antal sider53
ISSN0021-8456
DOI
StatusUdgivet - maj 2018
Udgivet eksterntJa

Emneord

  • G28
  • K42
  • M48
  • Reporting quality
  • Responsive regulation
  • Support
  • Time horizon

Citationsformater