Essays on the influence of accounting regulation on non-GAAP reporting

Abstract

The regulatory landscape for non-GAAP reporting has been evolving due to changes in the U.S. SEC’s interpretations of regulations affecting non-GAAP disclosures. My dissertation, which is structured around the following essays, focusses on the influence of these changes in the regulatory landscape on specific aspects of non-GAAP disclosures. In the first essay, I examine how a 2010 change in the regulatory landscape for non-GAAP reporting affects the use of non-GAAP measures used for executive compensation contracting. In the second essay, I examine how a 2016 change in the regulatory landscape affects how managers make non-GAAP exclusion decisions. The results from this research provide evi..