The Effect of Private Information and Monitoring on the Role of Accounting Quality in Investment Decisions

Authors

  • ANNE BEATTY,

  • W. SCOTT LIAO,

  • JOSEPH WEBER


  • Accepted by Shivaram Rajgopal. Beatty thanks Deloitte & Touche for financial support. We thank Jennifer Altamuro, Ron Dye, Ben Lansford, Tom Lys, Waleed Muhana, Rick Johnston, Shail Pandit, Joe Piotroski, Shyam Sunder, Rick Young, Helen Zhang, and seminar participants at Stanford University, Northwestern University, and Ohio State University.

Ancillary