Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor | School of Accounting and Finance | en_US |
| dc.contributor.advisor | Wu, Qiang (AF) | en_US |
| dc.creator | Xu, Xin | - |
| dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/13252 | - |
| dc.language | English | en_US |
| dc.publisher | Hong Kong Polytechnic University | en_US |
| dc.rights | All rights reserved | en_US |
| dc.title | Do machine-readable disclosures facilitate regulatory scrutiny? Evidence from SEC comment letters | en_US |
| dcterms.abstract | This paper examines whether machine-readable disclosures facilitate Securities and Exchange Commission (SEC) scrutiny. Using firms’ mandatory adoption of Inline XBRL (iXBRL), which significantly increases the machine readability of firms’ financial reports, I find that the SEC is more likely to issue comment letters to firms mandated to adopt iXBRL compared to those not mandated following the adoption. Such an increase is greater when the SEC is in its busy season and under high workload pressure, suggesting that machine-readable filings improve the SEC’s reviewing efficiency. Furthermore, I find that the comment letters sent to adoption firms cover more topics and that the SEC spends less time responding compared to those sent to non-adoption firms after the mandate. Collectively, my findings provide evidence that machine-readable disclosures enhance the SEC’s efficiency in reviewing mandatory filings and facilitate regulatory scrutiny activities. | en_US |
| dcterms.extent | 53 pages | en_US |
| dcterms.isPartOf | PolyU Electronic Theses | en_US |
| dcterms.issued | 2024 | en_US |
| dcterms.educationalLevel | M.Phil. | en_US |
| dcterms.educationalLevel | All Master | en_US |
| dcterms.LCSH | Auditing -- United States -- Data processing | en_US |
| dcterms.LCSH | Electronic data processing | en_US |
| dcterms.LCSH | Financial statements -- Data processing | en_US |
| dcterms.LCSH | XBRL (Document markup language) | en_US |
| dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
| dcterms.accessRights | open access | en_US |
Copyright Undertaking
As a bona fide Library user, I declare that:
- I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
- I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
- I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.
Please use this identifier to cite or link to this item:
https://theses.lib.polyu.edu.hk/handle/200/13252