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The effect of the COVID-19 pandemic on information disclosure: Evidence from China

Using Chinese data, this study examines the effect of COVID-19 pandemic on tendencies and characteristics of information disclosure. Results show that, due to uncertainty caused by the pandemic, it is difficult to make earnings forecasts. Further, during the pandemic, forecast precision and timeline...

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Detalles Bibliográficos
Autores principales: Wan, Zhao, Tian, Haowen
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9212716/
https://www.ncbi.nlm.nih.gov/pubmed/35755894
http://dx.doi.org/10.1016/j.econlet.2022.110678
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author Wan, Zhao
Tian, Haowen
author_facet Wan, Zhao
Tian, Haowen
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description Using Chinese data, this study examines the effect of COVID-19 pandemic on tendencies and characteristics of information disclosure. Results show that, due to uncertainty caused by the pandemic, it is difficult to make earnings forecasts. Further, during the pandemic, forecast precision and timeliness decrease. The results remain unchanged under difference-in-difference (DiD) estimation. The findings of this paper extend existing studies on the economic consequences of COVID-19 pandemic and the influencing factors of information disclosure, providing implications for corporate managers, investors, and regulators.
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spelling pubmed-92127162022-06-22 The effect of the COVID-19 pandemic on information disclosure: Evidence from China Wan, Zhao Tian, Haowen Econ Lett Article Using Chinese data, this study examines the effect of COVID-19 pandemic on tendencies and characteristics of information disclosure. Results show that, due to uncertainty caused by the pandemic, it is difficult to make earnings forecasts. Further, during the pandemic, forecast precision and timeliness decrease. The results remain unchanged under difference-in-difference (DiD) estimation. The findings of this paper extend existing studies on the economic consequences of COVID-19 pandemic and the influencing factors of information disclosure, providing implications for corporate managers, investors, and regulators. Elsevier B.V. 2022-08 2022-06-20 /pmc/articles/PMC9212716/ /pubmed/35755894 http://dx.doi.org/10.1016/j.econlet.2022.110678 Text en © 2022 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Wan, Zhao
Tian, Haowen
The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title_full The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title_fullStr The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title_full_unstemmed The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title_short The effect of the COVID-19 pandemic on information disclosure: Evidence from China
title_sort effect of the covid-19 pandemic on information disclosure: evidence from china
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9212716/
https://www.ncbi.nlm.nih.gov/pubmed/35755894
http://dx.doi.org/10.1016/j.econlet.2022.110678
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