Dimmer M (2020)
Publication Language: English
Publication Type: Other publication type
Publication year: 2020
DOI: 10.1007/978-3-030-77438-7_10
In current and past research, the analysis of publications in the EDGAR database plays an important role. Various studies have confirmed that certain reports allow conclusions to be drawn about the financial development of a company. However, most researchers only focus on one specific type of submission and analyze its content in detail. Against this background, this study extends the research on EDGAR filings, as it is dealing with the interaction of different types of forms. The purpose of this paper is to investigate whether the disclosing behavior of companies listed in the U.S. differs depending on their financial performance. The results are based on a sample of 3,440 individual companies and 1,726,654 filings made with the SEC from 2010 to 2018. The results of the applied Mann-Whitney-U-tests indicate that there is a statistically highly significant difference between the disclosing behavior of companies in dependency of their financial performance. The trend stays robust to adjustments to the research design.
The outcomes show how important the interaction between filings is. In addition to analyzing the content of an individual filing of a company, the findings suggest that the frequency and type of further filings of a company also needs to be considered. Consequently, future research should increasingly analyze the interaction of the individual submissions.
APA:
Dimmer, M. (2020). How and why does the Disclosure of EDGAR filings differ among U.S.-Listed Firms? An Empirical Investigation.
MLA:
Dimmer, Michael. How and why does the Disclosure of EDGAR filings differ among U.S.-Listed Firms? An Empirical Investigation. 2020.
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