Der Wertpapierprospekt: empirische Befunde zur Qualität der Risikoangaben bei Neuemissionen

Klaus Henselmann, Martin Klein and Christian Maier

No 2009-1, Working Papers in Accounting Valuation Auditing from Friedrich-Alexander University Erlangen-Nuremberg, Chair of Accounting and Auditing

Abstract: The paper analyzes the risk disclosure quality in the prospectus of IPOs in Germany between 2006 and 2008. Quality of risk information is measured as precision and comprehensibility. The relationship between risk disclosure quality and earnings power is tested.

Keywords: Risikoberichterstattung; Publizitätsgüte; WpPG; Wertpapierprospekt; Börsengang; IPO; risk reporting; disclosure quality; WpPG; prospectus; initial public offering; IPO; qualitative content analysis; semiotics; MaxQDA qualitative Inhaltsanalyse; Publizitätsverhalten; Semiotik; MaxQDA (search for similar items in EconPapers)
JEL-codes: G18 G38 K22 M41 M42 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:fauacc:20091

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