GR Capital, Київ, Україна
У цьому дослідженні на основі кількісного контент-аналізу розглядається асиметрія інформації у банківській системі України, тобто показано, яким чином тон та читабельність звітів незалежних аудиторів пов'язані з діяльністю банку в наступному фінансовому році. До незбалансованого панельного набору даних українських банків застосовуються оцінки з фіксованими ефектами у рамках регресії. Змінна "тон висновку" побудована за допомогою переліків фінансових термінів з емоційним забарвленням Лофрана і Макдональда, а "читабельність" оцінюється з використанням індексів FOG і Флеша-Кінкейда. На основі оцінок 2012–2016 років було виявлено, що читабельність аудиторських звітів не пов'язана із прибутковістю банку у наступному році. Проте, негативний тон аудиторського звіту пов’язаний із збільшенням як рентабельності активів, так і рентабельності капіталу банківської установи у наступному періоді. Завершують дослідження висновки для економічної політики і зауваження щодо практичності та можливості реалізації отриманих результатів.
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