Rights statement: The final, definitive version of this article has been published in the Journal, Journal of Accounting, Auditing and Finance ? (?), 2021, © SAGE Publications Ltd, 2021 by SAGE Publications Ltd at the Journal of Accounting, Auditing and Finance page: https://journals.sagepub.com/home/jaf on SAGE Journals Online: http://journals.sagepub.com/
Accepted author manuscript, 533 KB, PDF document
Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License
Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
| <mark>Journal publication date</mark> | 1/01/2024 |
|---|---|
| <mark>Journal</mark> | Journal of Accounting, Auditing and Finance |
| Issue number | 1 |
| Volume | 39 |
| Number of pages | 28 |
| Pages (from-to) | 29 - 56 |
| Publication Status | Published |
| Early online date | 20/09/21 |
| <mark>Original language</mark> | English |
Using a comprehensive sample of U.S. manufacturing firms from 1992 to 2015, I test for the association between accounting comparability and firm productivity. I posit that increased accounting comparability facilitates learning from peer firms ultimately increasing firm productivity. Results show that accounting comparability is positively related to firm productivity and that one channel for this relation is improvement in inventory management. In cross-sectional analysis, I find that the relation between accounting comparability and firm productivity is stronger when (a) peer firms exhibit higher productivity and provide more informative filings; (b) subject firms exhibit higher product similarity with peer firms and face stiffer competition, and (c) subject firms operate in industries characterized by higher accounting quality.