The impact of financial reporting and disclosure on stock prices

The Journal of Accounting identified key areas of research in accounting: Choose one of these twelve areas and give a summary of some of the current research themes (last 5 years): The impact of financial reporting and disclosure on stock prices; The economics of auditing, enforcement and audit oversight; The use of accounting information in contracting in debt, labor, supply, and other markets; The role of accounting in compensation and in corporate governance; The role of managerial accounting on internal decision making such as budgeting, costing, and transfer pricing; The real effects of financial reporting and disclosure (e.g. on firm behavior); The economics of regulation of financial reporting and disclosure, including bank regulation; International differences in financial reporting and the role of reporting standards in international capital markets; The political economy of standard-setting; The use of accounting information in public finance and macroeconomic statistics; The impact of tax regulation on transaction structuring; The role of transparency in markets and society; https://www.journalofaccountancy.com 1) Provide a 600 to 800-word summary of the research conducted (formatted according to APA guidelines 7th edition) and include a minimum of 5 new peer reviewed journal articles. Finally, identify questions the researchers have identified as needing further exploration in these areas. Include a reference section at the bottom. 2) In addition, attach a 200 to 250 word annotated bibliography to the forum that adheres to following format https://owl.purdue.edu/owl/general_writing/common_writing_assignments/annotated_bibliographies/annotated_bibliography_samples.html Here are a few “General” comments (may not apply to everyone), but important for everyone to be aware of–but please ensure you read your personal grading comments as well :-)) 1. Journals, journal, journals. Yes, for doctoral level writing, your work should be supported by scholarly sources/journals and include a well-presented synthesis of the information, not simple quotes. 2. Keep the minimum length, if you cut your work short you will likely not have a fully developed and supported document. Doctoral work is also about mastering writing styles, grammar, organizational style, developing thoughts… these take a little time and not the submission of your first draft.. The Minimum is 600 words. 3. Always do a proof reading, some papers had grammatical weaknesses, writing style errors, and other problems not expected in scholarly doctoral work. APA manual provides detailed information on scholarly writing. Ensure you look over this source if needed. 4. Break your discussions into sections that use titles, subtitles, etc. Some may call this a form of tiered writing style. This is normal scholarly, doctoral writing (this is also discussed in the APA manual). 5. Use APA style only for the initial post (not needed for your replies in week 2). 6. Some submission primarily quoted citation materials or used significant quoting. For scholarly writing, the document should be your own document writing that includes “fully supported” information (rather than primarily quoting information).