Discussion of: 10-K Disclosure Repetition and Managerial Reporting Incentives
本文讨论了会计文本属性研究的演变，以Cazier和Pfeiffer（2017）为例说明文献中的挑战与机遇，将文献按文本属性是否可自由裁量及是否有益分类，指出未来应更好分离披露中的自由裁量成分并识别特定情境。
ABSTRACT We discuss the evolution of research on textual attributes in accounting and suggest potential directions for future research using Cazier and Pfeiffer (2017) to illustrate the challenges and opportunities in the literature. We categorize the literature based on whether a given textual attribute is assumed to be “discretionary” versus “nondiscretionary” and whether it is assumed to be “helpful” versus “harmful.” The literature to date has been largely descriptive, with limited focus on causality, and we argue that there are substantial opportunities for research that better isolate the discretionary components of textual disclosure, as well as identifying specific contexts in which a given attribute is more likely to be helpful than harmful. JEL Classifications: D8; M4.