时 间：2017年5月26日（周五）下午13：30-15：00
地 点：体育外围平台APP紫金港校区行政楼1102会议室
主讲人：
主持人：董望副教授，体育外围平台APP
题 目：Corporate Name-dropping and the Cost of Equity
摘 要：
we investigate the benefit of corporate name-dropping in terms of a reduction in supplier firms’ cost of equity. We find that on average about 22% of firms voluntarily disclose customer information that is beyond the mandatory requirements of SEC and FASB. We define corporate name-dropping as the voluntary disclosure of reputable customers. Using three proxies to measure the reputation of customer firms, we find supplier firms that engage in name-dropping enjoy a lower cost of equity. The benefit of corporate name-dropping is more pronounced when supplier firms have lower investor recognition or higher information asymmetry. Our study provides evidence of a capital market benefit for corporate name-dropping and adds a new perspective to the voluntary disclosure literature.
主讲人简介：
Professor Nancy Su is Professor of Accounting of The Hong Kong Lingnan University. Prior to joining Lingnan University, Dr. Nancy Su was an Associate Professor of Accounting at The Hong Kong Polytechnic University. She received her Ph.D. in Accounting from The University of Texas at Dallas. Her primary research interests include audit, earnings quality, social network, and Voluntary disclosure. She has published numerous research articles in top journals such as Journal of Accounting and Economics, Review of Accounting Studies, Contemporary Accounting Research, Management Science, Auditing: A Journal of Practice and Theory.
