دانلود مقاله Do stealth restatements convey material information?

Practical implications – The study is important to investors, regulators and academics because it supports the notion that stealth restatements include less significant information relative to that disclosed in 8-K restatements. This result is in line with the SEC disclosure requirement.

Originality/value – The significant number of stealth restatements since 2004 begs the question as to what kind of information is being disclosed in these restatements. The paper responds to this question.