Financial Reporting Environments and International Capital Mobility
研究各国财务报告环境差异是否影响国际资本流动性，发现会计信息披露越充分的国家，国际资本流动性越高。
abstract We examine whether differences in international capital mobility across countries are related to country‐specific differences in financial reporting environments. We hypothesize that countries where financial accounting environments lead to greater disclosure of value‐relevant accounting information are more likely to have higher international capital mobility. The results of empirical tests are consistent with our hypothesis.