Publication: The influence of integrated reporting compliance on analyst forecast accuracy and credit ratings
Program
School / College / Institute
College of Administrative Sciences and Economics
KU-Authors
KU Authors
Co-Authors
Pavlopoulos A., Koufopoulos D.N.
Publication Date
Language
Type
Embargo Status
Journal Title
Journal ISSN
Volume Title
Alternative Title
Abstract
This study examines how integrated reporting (IR) affects analyst forecasts and credit ratings. Our findings indicate that a high level of IR compliance contributes additional valuable information to improve analyst forecast accuracy. Our research reveals that earnings manipulation exhibits a less pronounced negative relationship with credit ratings for companies that exhibit strong IR compliance. Additionally, we observe a positive association between voluntary IR adoption and credit ratings among companies that uphold high IR compliance standards. Finally, our study suggests that companies with robust IR compliance tend to receive higher credit ratings, even in cases where their legal, cultural and political institutional context may be less supportive. © 2024 Inderscience Enterprises Ltd.
Source
Publisher
Inderscience Publishers
Subject
Economics
Citation
Has Part
Source
International Journal of Banking, Accounting and Finance
Book Series Title
Edition
DOI
10.1504/IJBAAF.2024.141391