Die fehlende Überprüfung der Wirksamkeit des Werbeinstruments Sportsponsoring wird sehr oft von Sponsoring treibenden Unternehmen mit dem Hinweis begründet, dass Sportsponsoring in einem gesamten Werbemix eines Unternehmens nicht isoliert betrachtet werden könne und daher nicht gesondert zu...

I examine the change in voluntary IPO disclosure of internal controls after the JOBS Act. The JOBS Act postponed the compliance deadline of internal control audits after IPO. Simultaneously, it increased the number of small IPO firms with potential control weaknesses. I find that IPO firms are...

We draw on Merton (1987) to develop predictions for the benefits of voluntary disclosures made by firms pursuing an initial public offering (IPO) prior to when they begin to provide regulated financial information via their IPO prospectus. We find that voluntarily issuing press releases and...

This study examines the differences between IPOs that voluntarily disclose earnings forecasts in their prospectuses and those that do not. Using a sample of 166 UK IPOs listed between 1992-2002, we investigate whether forecasters have different firms' characteristics than non forecasters and...

This paper explores a rule introduced by the parent regulator of legal services in England & Wales, the Legal Services Board, which requires the publication of diversity data from its daughter regulators and their respective regulated communities. This paper comments on the introduction of the...