Look up Dana Riddle he has done lots of studies on spectrum. He has published them several places like Advanced Aquarist.
Problem is we do not know what we have most of the time what depth our coral came from, If we knew depth our coral comes from we would have a better idea. Worst thing is we throw all these corals in this little box that would never be next to each other in the wild. They are receiving the same light and flow and in the ocean it might be the complete opposite on both light and flow.
Shallower corals prefer wide spectrum while deeper more blue we know this because we can measure this.
What makes things worse is some of the colors/spectrum that corals do not like is what makes them color up. Red is a spectrum that hurts corals but is also the spectrum that helps some sps color up because they produce pigments and proteins to block this light. UV also can cause corals to color up and is the spectrum in which leds stink but are getting better. Problem is the some UV leds are way to expensive right now.
Tullio Dellaquila just did a nice little write up on that.
As far as par goes as long as you have a good fixture with good lamps/leds/bulbs either led, t-5 or halide they all produce plenty of par and should be of no concern now a days really. People waste way to much time on it.