The Relative Informativeness of Accounting Disclosures in Different Countries

Cover The Relative Informativeness of Accounting Disclosures in Different Countries
The Relative Informativeness of Accounting Disclosures in Different Countries
Andrew William Alford
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66 3. 6% 1J3 0. 04 • 214 U. S. Sample 029 -0. 36 0. 06 -0. 08 -0 38 -0 18 -0. 29 -0. 39 0. 51 1. 92 1-33 4. 66 116% - Germany (DS, N) 0. 30 -0. 18 0. 04 -0. 23 -0. 50 -0. 07 0. 16 -0. 25 -0. 67 -1. 10 2. 72 &01 7. 4% 3J3 • 0. 07 258 US Sample -0. 35 0. 01 -0 06 -0 34 -0. 18 -0. 20 -035 0. 00 0. 52 1. 97 1. 29 5. 15 14. 7% llaly (DI, F) 0. 52 0. 01 0. 86 -040 -0. 87 -0. 37 -0. 41 -0. 82 -0. G4 -1. 63 2. 44 5. 77 6J% 4J6 ♦ ao4 • 278 U. S. Sample 032 -041 0. 07 -0. 01 -0. 37 -0. 18 -025 -0. 39 0. ...51 2. 41 1. 18 S63 15. 9% Japan (DS, ?vO 0. 30 -017 -002 0. 02 033 0. 02 -0. 07 -0. 60 3J4 3. 74 2. 83 3J9 5. 6% 14. 59 • ao3 * 796 U. S. Sample 0. 31 -0. 38 -0. 01 -0. 09 -0. 34 -0. 20 -0. 26 -0. 34 0. 56 3. 73 1. 16 8. 12 12. 5% Japan (MU, F) Oil -0. 21 0. 03 0. 21 0. 27 0. 06 -0. 08 -0. 37 4. 62 6J6 3. 06 5J8 7. 1% 37. 57 • ao7 1168 US. Sample 0. 33 -0. 42 -0. 03 -0. 11 -0. 37 . 0. 24 -0. 27 -0. 34 0. 54 4. 66 1. 05 9. 43 11. 9% Japan (MU. N) 0. 20 -0. 11 -0. 01 0. 11 0. 22 0. 07 -0.

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