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Accounting Is Good

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Submitted By andreasevju
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Research Study

Capital-Market Effects of Corporate Disclosures and Disclosure Regulation
Christian Leuz Peter Wysocki

June 26, 2006
Commissioned by the Task Force to Modernize Securities Legislation in Canada

Christian Leuz
Christian Leuz is currently the Professor of Accounting at the University of Chicago, Graduate School of Business. He is also the David G. Booth Faculty Fellow. Prior to this position, Professor Leuz was the Harold Stott Term Assistant Professor in Accounting at the Wharton School of the University of Pennsylvania and Fellow at Wharton’s Financial Institution Center. His research interests include transparency and corporate governance, financial disclosure and securities regulation, and the links between the institutions of market economies. Professor Leuz earned his doctoral degree and “Habilitation” at the Goethe University Frankfurt in Germany. His most recent publications have appeared in the Journal of Financial Economics, the Journal of Accounting and Economics and the Journal of Accounting Research. He is an Associate Editor of the Journal of Accounting and Economics and serves currently on the Editorial Board of The Accounting Review, the Journal of Accounting Research, the Journal of Business, Finance and Accounting, and the International Journal of Accounting. He has received several grants and honors, of which the Geewax Terker Prize is the latest.

Peter Wysocki
Professor Peter Wysocki is an associate professor of management at the MIT Sloan School of Management and has been a member of the MIT accounting faculty since 2001. Peter’s research interests include the links between the institutions of market economies, corporate governance, and the accounting disclosures of U.S. and international firms. Professor Wysocki is an associate editor for the Journal of Accounting and Economics and he also serves on the editorial

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