Incorporating Field Data into Archival Research

Eugene F. Soltes

Harvard Business School

January 24, 2014

Journal of Accounting Research, Vol. 52, No. 2, 2014

I explore the use of field data in conjunction with archival evidence by examining Iliev, Miller, and Roth’s [2014] analysis of an amendment to the Securities Exchange Act of 1934. This regulatory amendment allowed depositary banks to cross-list firms without the cooperation of foreign issuers. Iliev, Miller, and Roth [2014] argue that the regulation failed to fulfill its intended purpose and imposed significant costs on foreign firms for the benefit of depositary banks. Drawing on evidence from lawyers, issuers, depositary banks, and regulators involved in the design and implementation of the amendment, I describe a more optimistic assessment of the amendment and its effects on capital markets. I conclude by discussing opportunities for field data in financial reporting and disclosure research.

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Date posted: February 14, 2014 ; Last revised: March 14, 2015

Suggested Citation

Soltes, Eugene F., Incorporating Field Data into Archival Research (January 24, 2014). Journal of Accounting Research, Vol. 52, No. 2, 2014. Available at SSRN: https://ssrn.com/abstract=2394657 or http://dx.doi.org/10.2139/ssrn.2394657

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Eugene F. Soltes (Contact Author)
Harvard Business School ( email )
Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

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