Financial Regulation Policy Uncertainty and Non-GAAP Earnings Disclosure

Ann Ling-Ching Chan, Vincent Y.S. Chen, Edward Lee, Fenglong Xiao, Department of Accounting, College of Commerce, National Chengchi University, Accounting and Finance Division, Alliance Manchester Business School, University of Manchester, Macao Polytechnic University

Journal of Accounting, Auditing & Finance

Published online on December 29, 2025

Abstract

Journal of Accounting, Auditing & Finance, Ahead of Print.
We examine how uncertainty surrounding financial regulation policies affects managers’ discretionary disclosure of non-GAAP earnings. Our findings suggest that when financial regulation policy uncertainty is high, managers are more likely to disclose non-...