Publications
Restatement Research
STOCKB2OK derives its research data from the STOCKB2OK Database, compiled from authoritative primary sources, including Companies House, SEC filings, and official company disclosures.
The database is continuously validated and updated for historical changes and restatements, ensuring that our platform and research reflect reliable underlying data.
We also maintain a dedicated Restatement Events Dataset, systematically capturing and classifying restatement events. Insights from this dataset underpin our Annual Restatement Research Series and proprietary research frameworks. Our latest study examines market reactions to financial restatements.
Explore our publications below.
Publications
Abstract
Stock Market Reactions to Financial Restatements: Global Evidence from a Proprietary Company-Level Panel Dataset (2010–2025)
This research examines stock market reactions to single and double financial restatements among 1,004 large-cap listed firms over fiscal years 2010 to 2025. The findings demonstrate that market responses vary according to the nature and materiality of restatements, with significant differences observed across countries and industries.
2026
Stock market reactions to financial restatements
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Abstract
2023 Annual Restatement Paper
This research analyses financial restatements among 1,119 listed companies included in major global stock indices for fiscal years 2020 and 2021. Using annual report disclosures, the study examines the nature, magnitude, and underlying reasons for financial restatements, highlighting differences across sectors and companies.
2023
2023 Annual Restatement Paper
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Abstract
2022 Annual Restatement Paper
The research studies the frequency, magnitude, and patterns of financial restatements among 1,078 listed companies included in major global equity indices for fiscal years 2019 and 2020.
2022
2022 Annual Restatement Paper
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Abstract
2021 Annual Restatement Paper
This research analyses financial restatements among 1,018 listed firms across major equity markets for fiscal years 2010–2019, examining their incidence, timing, scope, and distribution.
2021
2021 Annual Restatement Paper
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