Abstract
This study investigates the impact of the quality of disclosures of financial reports of the listed firms in Taiwan under her first full adoption of International Financial Reporting Standards (IFRS) in 2013. We select the semi-annual reports of firms in the three main industry sectors of high technology, financial service, and biotechnology representing 80% of the capital market in the first year of mandatory adoption. The dictionary of financial reporting is developed according to opinion mining and sentiment analysis. In contrast to prior studies, we explore the gap analytics between financial reporting and financial news to explore whether the disclosure quality is related with the adoption of IFRS. Results are promising and show that the disclosures have relationship with the IFRS first adoption.
Recommended Citation
Seng, Jia-Lang and Yang, Chiao-Yi, "INFORMATION CONTENT OF FINANCIAL REPORTING AND INFORMATION VALUE OF FINANCIAL NEWS – AN OPINION ANALYTICS APPROACH" (2014). PACIS 2014 Proceedings. 193.
https://aisel.aisnet.org/pacis2014/193