ABSTRACT Using a unique hand-collected dataset of purchase obligations, we find that customers’ financial reporting quality is positively associated with future supply contracts, indicating that suppliers are more willing to contract with customers who provide them with better information. Further, the association between customers’ financial reporting quality and future supply contracts is stronger for customers with strong bargaining power, which is consistent with suppliers relying more on financial reports when they have less access to customers’ private information. Collectively, our results suggest that customers’ financial reporting quality plays an important role in influencing suppliers’ decisions to contract with customers for the future supply of goods and services. Data Availability: Data for dependent variable are manually collected and data for all other variables are available from public sources cited in the text. JEL Classifications: D80; M41.

中文翻译：

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客户的财务报告质量与供应商的合同决定相关吗？


摘要使用独特的手工收集的采购义务数据集，我们发现客户的财务报告质量与未来的供应合同呈正相关，这表明供应商更愿意与向他们提供更好信息的客户签订合同。此外，对于议价能力较强的客户来说，客户的财务报告质量与未来供应合同之间的关联性更强，这与供应商在接触客户私人信息的机会较少时更多地依赖财务报告是一致的。总的来说，我们的结果表明，客户的财务报告质量在影响供应商与客户签订未来商品和服务供应合同的决定方面发挥着重要作用。数据可用性：因变量的数据是手动收集的，所有其他变量的数据可从文本中引用的公共来源获得。 JEL 分类：D80； M41。