Corporate social responsibility: The case of dual-class firms

Authors

Alahassane Diallo, Eastern Michigan UniversityFollow
Robert C. Hanson, Eastern Michigan UniversityFollow
Yu Zhang, Eastern Michigan UniversityFollow

Document Type

Article

Publication Date

2013

Department

Accounting and Finance

Abstract

The results of this study are descriptive of the behavior of financial statement users with respect to these fair value disclosures. The implications of this study’s findings are useful for both accounting standard-setters and preparers of financial statements. Taken together, these findings suggest that the market does not respond to the SFAS No. 107 fair value disclosures at their face value alone or without considering their context. Specifically, it appears to look to other factors that may impact the relevance and/or reliability of these disclosures.

Citation

Diallo, A., Hanson, R. C., & Zhang, Y. (2013). Corporate social responsibility: The case of dual-class firms. International Research Journal of Applied Finance, 4(2), 242–262.