DIGITAL FINANCIAL REPORTING AND FIRM PRODUCTIVITY
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Authors
Liu, Zheng
Date
2021-06-02
Type
thesis
Language
eng
Keyword
Digital reporting , Productivity , TFP
Alternative Title
Abstract
I examine the effect of digital financial reporting on firm productivity. To the extent that digital communication of corporate financial data fundamentally changes how firm-specific information is disclosed, released, and disseminated to the public, it mitigates information asymmetry between corporate insiders and outsiders and facilitates the processing of firm-specific information. To test this hypothesis, I use the staggered implementation of the SEC’s Electronic Data Gathering and Analysis Retrieval system (EDGAR) to investigate the impact of digital technology on firms’ productivity. I find that the implementation of EDGAR results in an economically meaningful and statistically significant positive impact on firms’ productivity, measured by total factor productivity (TFP). By focusing on the role of information dissemination in coordinating investments and production, my findings collectively provide evidence on the real effects of “going digital” in corporate reporting.
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Queen's University's Thesis/Dissertation Non-Exclusive License for Deposit to QSpace and Library and Archives Canada
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Intellectual Property Guidelines at Queen's University
Copying and Preserving Your Thesis
This publication is made available by the authority of the copyright owner solely for the purpose of private study and research and may not be copied or reproduced except as permitted by the copyright laws without written authority from the copyright owner.
CC0 1.0 Universal
ProQuest PhD and Master's Theses International Dissemination Agreement
Intellectual Property Guidelines at Queen's University
Copying and Preserving Your Thesis
This publication is made available by the authority of the copyright owner solely for the purpose of private study and research and may not be copied or reproduced except as permitted by the copyright laws without written authority from the copyright owner.
CC0 1.0 Universal