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A Rationale for Imperfect Reporting Standards

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The aim of general purpose financial reporting is to provide information that is useful to investors, lenders, and other creditors. With this goal, regulators have tended to mandate increased discl... Click to show full abstract

The aim of general purpose financial reporting is to provide information that is useful to investors, lenders, and other creditors. With this goal, regulators have tended to mandate increased discl...

Keywords: reporting standards; imperfect reporting; rationale imperfect

Journal Title: Management Science
Year Published: 2021

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