{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/90756"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/90756","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Information choice within disclosures, mobile devices, and investor estimates of fundamental value","abstract":"I examine how information choice within financial disclosures interacts with the screen size used to view the disclosure (traditional computer or small mobile device size) to influence investors' estimates of fundamental value. One proposed solution to concerns of investors’ increasing information processing costs is providing information choice within financial disclosures, meaning investors have the flexibility to choose the sections and order of information to read within the disclosure. However, theory suggests processing costs could increase, rather than decrease, if the disclosure is viewed on a smaller screen mobile device, which is an emerging technology used by investors. Consistent with predictions, results of an experiment show that high information choice positively affects investors’ effort and information integration when estimating fundamental value if the disclosure is viewed on a traditional screen. Conversely, high information choice negatively affects investors’ effort and information integration if viewed on a small screen. These findings suggest screen size could be an important moderator of some disclosure presentation effects, which is increasingly important as more investors use mobile devices to access, read, and trade on financial information. My findings also caution firms and regulators about expanding the use of disclosures providing information choice without considering the screen size used to access the disclosure.","abstract_html":"I examine how information choice within financial disclosures interacts with the screen size used to view the disclosure (traditional computer or small mobile device size) to influence investors' estimates of fundamental value. One proposed solution to concerns of investors’ increasing information processing costs is providing information choice within financial disclosures, meaning investors have the flexibility to choose the sections and order of information to read within the disclosure. However, theory suggests processing costs could increase, rather than decrease, if the disclosure is viewed on a smaller screen mobile device, which is an emerging technology used by investors. Consistent with predictions, results of an experiment show that high information choice positively affects investors’ effort and information integration when estimating fundamental value if the disclosure is viewed on a traditional screen. Conversely, high information choice negatively affects investors’ effort and information integration if viewed on a small screen. These findings suggest screen size could be an important moderator of some disclosure presentation effects, which is increasingly important as more investors use mobile devices to access, read, and trade on financial information. My findings also caution firms and regulators about expanding the use of disclosures providing information choice without considering the screen size used to access the disclosure.","abstract_has_math":false,"creators":["Grant, Stephanie M"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Accountancy","degree_department":null,"school":null,"contributors":["Elliott, W. Brooke","Hobson, Jessen L.","Peecher, Mark E.","White, Tiffany B."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2016,"date_issued":"2016-07-07T20:27:20Z","date_published":"2016-07-07T20:27:20Z","updated_at":"2026-07-22T22:26:34Z","subjects":["information choice","mobile technology","information processing costs","investment decisions","bounded rationality"],"languages":["en"],"rights":["Copyright 2016 Stephanie Grant"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/90756","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Elliott, W. 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One proposed solution to concerns of investors’ increasing information processing costs is providing information choice within financial disclosures, meaning investors have the flexibility to choose the sections and order of information to read within the disclosure. However, theory suggests processing costs could increase, rather than decrease, if the disclosure is viewed on a smaller screen mobile device, which is an emerging technology used by investors. Consistent with predictions, results of an experiment show that high information choice positively affects investors’ effort and information integration when estimating fundamental value if the disclosure is viewed on a traditional screen. Conversely, high information choice negatively affects investors’ effort and information integration if viewed on a small screen. These findings suggest screen size could be an important moderator of some disclosure presentation effects, which is increasingly important as more investors use mobile devices to access, read, and trade on financial information. My findings also caution firms and regulators about expanding the use of disclosures providing information choice without considering the screen size used to access the disclosure.","Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2018-05-01","The student, Stephanie Grant, accepted the attached license on 2016-04-14 at 15:38.","The student, Stephanie Grant, submitted this Dissertation for approval on 2016-04-14 at 15:40.","This Dissertation was approved for publication on 2016-04-14 at 16:38.","DSpace SAF Submission Ingestion Package generated from Vireo submission #9228 on 2016-07-07 at 13:49:16","Made available in DSpace on 2016-07-07T20:27:20Z (GMT). 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Consistent with predictions, results of an experiment show that high information choice positively affects investors’ effort and information integration when estimating fundamental value if the disclosure is viewed on a traditional screen. Conversely, high information choice negatively affects investors’ effort and information integration if viewed on a small screen. These findings suggest screen size could be an important moderator of some disclosure presentation effects, which is increasingly important as more investors use mobile devices to access, read, and trade on financial information. My findings also caution firms and regulators about expanding the use of disclosures providing information choice without considering the screen size used to access the disclosure.","Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2018-05-01","The student, Stephanie Grant, accepted the attached license on 2016-04-14 at 15:38.","The student, Stephanie Grant, submitted this Dissertation for approval on 2016-04-14 at 15:40.","This Dissertation was approved for publication on 2016-04-14 at 16:38.","DSpace SAF Submission Ingestion Package generated from Vireo submission #9228 on 2016-07-07 at 13:49:16","Made available in DSpace on 2016-07-07T20:27:20Z (GMT). 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